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    916 E New Haven Ave Melbourne, FL 32901

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    For Lease
    Contact for pricing

    Retail space available in a mixed-use development.

    Property size:
    7,500 SF
    Lot size:
    0.21 Acres

    Property Features for 916 E New Haven Ave

    General Information

    Size
    7,500 SF
    Lot size
    0.21 Acres

    Source: Lightle Beckner Robison, Inc. Agent J. Blake Robison

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space in Highline Apartments

    This retail space is located in Highline Apartments, which features 171 apartments. The location is near Hotel Melby, which offers over 150 rooms and a rooftop space with a lounge, outdoor terrace, event space, and fitness center. There is a planned development of 197 multifamily units at the corner of Orange Court & Melbourne Avenue. Additionally, there are two mixed-use projects within a 5-minute walk of the property. The property offers 7500 square feet of retail space.
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Melbourne
    County
    Brevard
    State
    Florida
    Longitude
    -80.6053085
    Latitude
    28.078659

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    FAQs

    What type of property is this?
    Retail space - Retail space available in a mixed-use development.
    Where is this retail space located?
    The property is located at 916 E New Haven Ave Melbourne, FL.
    What are key features of this property?
    This property features: - Highline Apartments: 171 apartments offering immediate residential income.; - Hotel Melby: Over 150 rooms, providing hospitality revenue.; - State-of-the-Art Rooftop: Lounge with outdoor terrace, event space, and fitness center.
    (321) 722-0707
    Request Owner's contact information
    916 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
    916 E New Haven Ave Melbourne, FL 32901
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