Multi-Parcel Retail and Office
780 W New Haven Ave, Melbourne, FL 32901
Two existing commercial buildings plus a vacant lot on a major Melbourne corridor offer C2 flexibility and ample parking.
Type:Land, Office, Retail
Property size:
4,673 SFLot size:
0.65 AcresPrice / SF:
$208/SF- Added:
- Jun 19, 2026
- Days on Market:
- 9
- Last Refresh:
- Jun 24 at 2:48 am
Property Features for 780 W New Haven Ave
General Information
- Standard status
- Active
- Size
- 4,673 SF
- Lot size
- 0.65 Acres
- Property subtype
- Land, Office, Retail
Listing office JM Real Estate, Inc.
Listing date Jun 19, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of JM Real Estate, Inc.
HighLights
- Commercial portfolio includes two buildings totaling 4,673 SF plus an adjacent vacant commercial lot on ~0.65 acres
- Two buildings along W New Haven Ave (US‑192): 2,373 SF at 780 W New Haven Ave and 2,300 SF at 760 W New Haven Ave
- Vacant parcel at 1933 Palm Blvd offers 0.31 acres for future expansion or development options
- C2 zoning on all three parcels allows a range of commercial uses including office, retail, financial, restaurant, and service businesses
- Property is positioned on West New Haven Avenue (US‑192) with exposure to approximately 35,301 vehicles per day
- Ample parking and strong street presence supported by its multi‑parcel frontage on a primary Melbourne east‑west corridor
Overview
The offering includes two existing commercial buildings and one adjacent vacant parcel at 760–780 W New Haven Ave and 1933 Palm Blvd. The buildings total 4,673 square feet across 780 W New Haven Ave (2,373 SF) and 760 W New Haven Ave (2,300 SF), with each parcel featuring its own lot size. The third parcel, 1933 Palm Blvd, is a vacant commercial lot.
All parcels are positioned along West New Haven Avenue (US-192), a primary east-west corridor in Melbourne, Florida, with reported visibility/exposure to approximately 35,301 vehicles per day. The property is described as having strong street presence and ample parking, and the three parcels together provide multiple avenues for owner-occupancy, investment, redevelopment, or future expansion.
Zoned C2, the site is suited to a range of commercial uses, including office, retail, financial, restaurant, and service-oriented businesses. With multiple parcels under one portfolio, the configuration can accommodate tenants seeking established building space while also allowing for planning around the adjacent vacant lot for additional development or future needs, subject to applicable requirements.
All parcels are positioned along West New Haven Avenue (US-192), a primary east-west corridor in Melbourne, Florida, with reported visibility/exposure to approximately 35,301 vehicles per day. The property is described as having strong street presence and ample parking, and the three parcels together provide multiple avenues for owner-occupancy, investment, redevelopment, or future expansion.
Zoned C2, the site is suited to a range of commercial uses, including office, retail, financial, restaurant, and service-oriented businesses. With multiple parcels under one portfolio, the configuration can accommodate tenants seeking established building space while also allowing for planning around the adjacent vacant lot for additional development or future needs, subject to applicable requirements.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $100.9k | $21.60 |
| − Vacancy | −$16.1k | −$3.46 |
| EGI | $84.8k | $18.14 |
| − OpEx | −$21.2k | −$4.54 |
| NOI | $63.6k | $13.61 |
4,673 SF · lease $21.60/SF/yr · vacancy 16.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$908.4K
$794.9K – $1.06M
NOI $63,590 @ 7.0% cap · market cap 6.52%
Second Best
Retail
$769.6K
$673.4K – $897.9K
NOI $53,875 @ 7.0% cap · market cap 5.53%
Theoretical Best
Office A
$1.23M
$1.08M – $1.44M
NOI $86,301 @ 7.0% cap · market cap 8.85%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Creative Energy
(Bike/Boat/Book/etc) Store
Similar Places Nearby
- All City Florist, Inc. — 316 w new haven ave, melbourne, fl 32901
- Let's Plant It! — 724 E New Haven Ave, Melbourne, FL 32901
- Flagler Floral Melbourne — 221 W Hibiscus Blvd, Melbourne, FL 32901
- Fleur des Champs — 820 E New Haven Ave #4, Melbourne, FL 32901
- Julie Miner Events — 905 E New Haven Ave #202, Melbourne, FL 32901
Location Insight
- Map
- Local Demand
- City
- Melbourne
- County
- Brevard
- State
- Florida
- Longitude
- -80.6340728
- Latitude
- 28.0790477
Nearby Similar for Sale
FAQs
What type of property is this?
Storefront property - Two existing commercial buildings plus a vacant lot on a major Melbourne corridor offer C2 flexibility and ample parking.
Where is this storefront property located?
The property is located at 780 W New Haven Ave Melbourne, FL.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Commercial portfolio includes two buildings totaling 4,673 SF plus an adjacent vacant commercial lot on ~0.65 acres; Two buildings along W New Haven Ave (US‑192): 2,373 SF at 780 W New Haven Ave and 2,300 SF at 760 W New Haven Ave; Vacant parcel at 1933 Palm Blvd offers 0.31 acres for future expansion or development options
