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    233 E New Haven Ave Melbourne, FL 32901

    For Sale
    $1,200,000

    Office/retail property with live/work flexibility near beaches.

    Lot size:
    0.21 Acres

    Property Features for 233 E New Haven Ave

    General Information

    Lot size
    0.21 Acres

    Building Details

    Year built
    1925

    Source: Real Estate Ink Co Inc Agent Lisa M Herendeen

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

    Overview

    Charming 1925 Office/Retail Property

    This circa 1925 two-story office/retail property is located at the western entrance of Downtown Melbourne. Zoned C1, the building offers live/work flexibility and is situated minutes from beaches and the ocean. The property features original hardwood floors and a fireplace. It includes two mini kitchenettes, one on each floor, and private rear parking. Handicap accessibility is provided via ramp access from the rear parking area. The property has been updated for modern use with three separate power meters and new electrical panels installed in 2022. Plumbing upgrades were completed in 2023, and the parking lot was resurfaced in 2019. The upstairs AC unit is scheduled for replacement in 2025.
    Insight Report Location Intelligence

    Current Use by Public Records

    XV XIII Network Recording Studio Real Estate Ink Real Estate Agency Linda Taylor Morin Real Estate Agency Wild Zest Music Music Producer Upright Counseling Counselor

    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
    -80.6163435
    Latitude
    28.0783121

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    FAQs

    What type of property is this?
    Office building - Office/retail property with live/work flexibility near beaches.
    Where is this office building located?
    The property is located at 233 E New Haven Ave Melbourne, FL.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: - Prime location in the Western Entrance of Downtown Melbourne with C1 zoning, offering live/work flexibility and close proximity to beaches/ocean.; - Updated infrastructure including **new electrical panels (2022) and upgraded plumbing (2023)**. Resurfaced parking lot (2019).; - **Rare private rear parking**, a significant advantage in the downtown area.
    (321) 821-4752
    Request Owner's contact information
    233 E New Haven Ave Melbourne, FL 32901
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    233 E New Haven Ave
    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
    233 E New Haven Ave Melbourne, FL 32901
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