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    7904 Risen Star Pl Melbourne, FL 32940

    For Sale
    $229,000

    .65-Acre Lot, Build Your Dream

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 28,314 square foot lot presents a rare opportunity to build in Viera's newest subdivision, Aripeka. Located at 7904 Risen Star Place, Melbourne, FL 32940, this commercially and residentially zoned property offers the unique blend of nature preservation and modern living. The .65-acre parcel is situated within a community designed to maintain an "old Florida feel," featuring planned nature trails throughout. Buyers will appreciate the spaciousness and potential this land offers for a custom home or commercial venture. The property's address is precisely 7904 Risen Star Place, in Brevard County, Florida. The asking price for this prime piece of land is $229,000. This is a remarkable chance to own a significant lot in a developing community that prioritizes natural beauty and outdoor recreation. The property's location in Viera provides easy access to local amenities and services. Don't miss this chance to create your ideal space in a thriving Florida community. The latitude and longitude coordinates are 28.207612, -80.715846 respectively.

    Property Features for 7904 Risen Star Pl

    General Information

    Property type
    Land

    HighLights

    • 28,314 square foot lot in Viera's Aripeka subdivision.
    • Commercially and residentially zoned .65‑acre parcel at 7904 Risen Star Place, Melbourne, FL 32940.
    • Located in a community designed to maintain an "old Florida feel" with planned nature trails.
    • Asking price: $229,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Melbourne
    County
    Brevard
    State
    Florida
    Longitude
    -80.715846
    Latitude
    28.207612

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    FAQs

    What type of property is this?
    Land - .65-Acre Lot, Build Your Dream
    Where is this land located?
    The property is located at 7904 Risen Star Pl Melbourne, FL.
    What is the asking price?
    The asking price for this property is $229,000.
    What are key features of this property?
    This property features: 28,314 square foot lot in Viera's Aripeka subdivision.; Commercially and residentially zoned .65-acre parcel at 7904 Risen Star Place, Melbourne, FL 32940.; Located in a community designed to maintain an "old Florida feel" with planned nature trails.
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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
    7904 Risen Star Pl Melbourne, FL 32940
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