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    4010 Miami Ave Melbourne, FL 32904

    For Sale
    $159,900

    Prime 30,056 sq ft lot, ideal for mixed-use development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 30,056 square foot lot presents a rare opportunity for development in desirable West Melbourne, Florida. Located at 4010 Miami Avenue, zip code 32904, this property offers a unique blend of commercial and residential potential. The almost three-quarter acre parcel is partially cleared, simplifying the building process and minimizing site preparation costs. Its strategic location provides unparalleled convenience, with proximity to major transportation arteries. Less than a mile from I-95, this location ensures easy access to regional and national transportation networks. Furthermore, the property's proximity to the beach (under 10 miles) and a variety of dining and shopping options within minutes makes it highly attractive to both residents and businesses. The scarcity of vacant lots in this highly sought-after area underscores the exceptional value and potential of this property. The asking price for this remarkable land opportunity is $159,900. This property is zoned for both commercial and residential use, offering flexibility for a variety of development projects. Don't miss this chance to acquire a prime piece of real estate in a thriving Florida community.

    Property Features for 4010 Miami Ave

    General Information

    Property type
    Land

    HighLights

    • Exceptional 30,056 SF lot in desirable West Melbourne, FL (32904).
    • Located at 4010 Miami Avenue, less than one mile from I‑95.
    • Partially cleared, almost 0.7 acres, minimizing site prep costs.
    • Zoned for commercial and residential use.
    • Asking price: $159,900.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Melbourne
    County
    Brevard
    State
    Florida
    Longitude
    -80.691458
    Latitude
    28.075601

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    FAQs

    What type of property is this?
    Land - Prime 30,056 sq ft lot, ideal for mixed-use development.
    Where is this land located?
    The property is located at 4010 Miami Ave Melbourne, FL.
    What is the asking price?
    The asking price for this property is $159,900.
    What are key features of this property?
    This property features: Exceptional 30,056 SF lot in desirable West Melbourne, FL (32904).; Located at 4010 Miami Avenue, less than one mile from I-95.; Partially cleared, almost 0.7 acres, minimizing site prep costs.
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    4010 Miami Ave Melbourne, FL 32904
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    Melbourne, FL 32904
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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
    4010 Miami Ave Melbourne, FL 32904
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