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    604 E New Haven Ave Melbourne, FL 32901

    For Sale
    $875,000

    Commercial Sale, Other - Melbourne, FL

    Type:Mixed Use
    Property size:
    4,070 SF
    Lot size:
    0.15 Acres
    Days on Market:
    128
    Last Refresh:
    Dec 5 at 4:06 am

    Property Features for 604 E New Haven Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Mixed Use
    Standard status
    Active
    Zoning
    Commercial/Residential/Office
    Rooms
    Bathroom 1, Bathroom 2
    Bathrooms
    2
    APN
    28-37-03-Fc-00040.0-0014.00
    Parking features
    Parking Lot
    Size
    4,070 SF
    Lot size
    0.15 Acres

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1954
    Flooring type
    Carpet
    Roof type
    Rolled/Hot Mop
    Architectural style
    Other

    Engel & Völkers New Smyrna Beach (386) 213-6899 [email protected]

    Listing agent Grayling Garat Oates (386) 213-6899

    Listing date Jul 31, 2025

    MLS# 1023898 Listing URL

    Copyright © 2025 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Melbourne Commercial Opportunity

    This 4,070 square foot commercial property is located in Downtown Melbourne. The block construction building is configured with 12 offices, a large reception area, and ample storage. The property includes two buildings with separate entrances, suitable for multi-tenant use. A side drive provides on-site parking or an outdoor seating area. The property is suitable for retail, professional, medical, bar, or restaurant use. The current tenant is an "Escape Room" entertainment venue on a month-to-month lease. The property is located in the heart of Downtown Melbourne, near shops, restaurants, and bars.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Escape Room Entertainment-DT Escape Room Center

    Suggested Use

    Restaurant Law Firm Realty agency Dental Office Hair Salon Spa & Massage Clothing Store Food Market Nail Salon Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Melbourne
    County
    Brevard
    State
    Florida
    Longitude
    -80.61096
    Latitude
    28.078787

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    FAQs

    What type of property is this?
    Mixed-use property - Two-building commercial property in the heart of Downtown Melbourne.
    Where is this mixed-use property located?
    The property is located at 604 E New Haven Ave Melbourne, FL.
    What is the asking price?
    The asking price for this property is $875,000.
    What are key features of this property?
    This property features: - Priced $245k below market value in Downtown Melbourne.; - Seller financing available: 30% down, 5-year balloon, 7% interest.; - 4070 sq. ft. block construction building with versatile usage options (Retail, Professional, Medical, Bar/Restaurant).
    (386) 213-6899
    Request Owner's contact information
    604 E New Haven Ave Melbourne, FL 32901
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    Melbourne, FL 32901
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    604 E New Haven Ave Melbourne, FL 32901
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