The Flat Iron
Value Add | 7.15% Cap
Marketing description
Matthews™ is pleased to bring the Flatiron building to market positioned in the heart of Downtown Melbourne, The Flatiron Building presents investors with the opportunity to acquire a well-located mixed-use asset in one of the fastest-growing markets on Florida's Space Coast.
Surrounded by thriving restaurants, retail, nightlife, and continued residential growth, the property benefits from exceptional visibility and strong pedestrian traffic along New Haven Avenue.
The asset is anchored by strong retail tenants that provide stability and contribute to the vibrant downtown atmosphere. Its strategic location within Melbourne's urban core places it at the center of continued economic expansion driven by aerospace, technology, tourism, and population growth throughout the Space Coast region.
Investment highlights
- Phenomenal Downtown Location - Positioned in the center of Downtown Melbourne, one of the most desirable and walkable districts on Florida's Space Coast. The property benefits from strong local traffic, tourism, and surrounding residential growth.
- Strong Retail Tenancy - The building is anchored by established retail and restaurant tenants that drive consistent traffic and create a vibrant atmosphere for the property and surrounding area.
- High-Growth Space Coast Market - Melbourne continues to experience significant economic and population growth fueled by aerospace, technology, and defense employers throughout the Space Coast region, including nearby operations from major industry leaders.
- Attractive Investment Return - The Flat Iron Building offers investors the opportunity to acquire a well-positioned asset with stable income and long-term upside within a rapidly appreciating market.
- Walkable Urban Environment - Steps away from popular restaurants, bars, boutiques, waterfront amenities, and community events that continue to strengthen Downtown Melbourne's appeal.
- Strong Demographics & Tourism Drivers - The surrounding area benefits from increasing household incomes, population growth, and continued investment throughout Brevard County and the broader Space Coast corridor.
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