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    760-780 Palm Blvd Melbourne, FL 32901

    For Sale
    $975,000

    High-traffic retail assemblage, 4,673 SF

    Property size:
    4,673 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional Melbourne, Florida investment opportunity comprises a three-property assemblage totaling 4,673 square feet on a 0.65-acre lot. Located at 760-780 W New Haven & 1933 Palm (zip code 32901), this property boasts high visibility and ample parking, situated along a major Melbourne artery, West New Haven (also known as 192), experiencing a daily traffic count of 35,301 vehicles. The assemblage includes two existing buildings and one vacant lot, all zoned C2, allowing for a diverse range of uses including office, retail, financial institutions, and restaurants. Currently, both buildings are 100% occupied, generating immediate income potential. The asking price for this prime retail investment is $975,000. This property presents a rare chance to acquire a well-positioned, income-producing asset in a thriving Florida market. Showings are by appointment only to avoid disturbing tenants.

    Property Features for 760-780 Palm Blvd

    General Information

    Property type
    Individual retail properties
    Square Feet
    4,673 SF
    Lot Size
    28,314 SF

    HighLights

    • High‑visibility, three‑property assemblage with ample parking in prime Melbourne, FL location.
    • 0.65‑acre lot with 4,673 square feet of building space.
    • C2 zoning allows for diverse uses including office, retail, and restaurants.
    • Includes two occupied buildings and one vacant lot.
    • Located on West New Haven (SR 192), a major artery with 35,301 vehicles daily.
    • Showings by appointment only.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Daycare Center Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Melbourne
    County
    Brevard
    State
    Florida
    Longitude
    -80.6338475
    Latitude
    28.079053

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    FAQs

    What type of property is this?
    Individual retail property - High-traffic retail assemblage, 4,673 SF
    Where is this individual retail property located?
    The property is located at 760-780 Palm Blvd 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: High-visibility, three-property assemblage with ample parking in prime Melbourne, FL location.; 0.65-acre lot with 4,673 square feet of building space.; C2 zoning allows for diverse uses including office, retail, and restaurants.
    Request Owner's contact information
    760-780 Palm Blvd 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
    760-780 Palm Blvd Melbourne, FL 32901
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