University Plaza

101 W Florida Ave Melbourne, FL 32901

101 W Florida Ave, Melbourne, FL, 32901
101 W Florida Ave, Melbourne, FL, 32901
Property Type:
Strip Center
Last Verified:
Dec 16, 2020


Join this great plaza located blocks from F.I.T., a nationally ranked university with over 3600 students.
Plaza offers building and monument signage with abundant parking.
University Plaza is located off Babcock Street, a heavily travelled corridor running north and south through southern Brevard County next to Walmart Neighborhood Market.

Just south of Florida Institute of Technology and across from Melbourne Central Catholic High School.

Located a block west of Babcock St. midway between US 192 (New Haven) and Palm Bay Rd.

Year Built: 2007
Building Size: 6500sq ft
Lot Size: 0.86 acres

Units for Lease

Space Available: 2000 SF
Lease Type: NNN

Price Per Sqft/Year: $15.0

Map of 101 W Florida Ave, Melbourne, FL, 32901

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.