Larry Lemos Acquires Retail Property From Mike Sirounis In Melbourne For $1.7 Million

The retail asset located at 1209 North Harbor City Boulevard in Melbourne was sold for $1,700,000. The property encompasses a total area of 4,373 square feet, which translates to a price per square foot of $388. Originally built as a quick-service restaurant (QSR), it has since been adapted for office and retail uses, with plans now in place to redevelop it back into a modern quick-service restaurant concept.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $1,700,000
• Address: 1209 North Harbor City Boulevard
• Market: Melbourne
• Square Footage: 4,373
• Price Per Square Foot: $388
• Buyer: Larry Lemos
• Seller: Mike Sirounis
• Brokers: Christopher Settineri & Maria Camila Castro - Settineri Group

Christopher Settineri and Maria Camila Castro from Settineri Group represented Lemos Development Group in this transaction. They successfully negotiated the purchase and sale agreement earlier in the year, culminating in a smooth closing in October 2025. Their efforts ensured the reactivation of the site on the Eau Gallie corridor, contributing to its potential transformation back into a quick-service restaurant.