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    1512 Harbor City Blvd Melbourne, FL 32901

    For Sale
    $135,000

    Established Cafe, Turnkey Opportunity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional commercial property at 1512 S Harbor City Boulevard, Melbourne, FL 32901, presents a unique investment opportunity. The 40,075.2 sq ft lot houses a single-story, 1960-built retail building currently operating as a well-established cafe. The cafe, boasting 15 years of history, enjoys a loyal clientele base, primarily from the medical and aerospace sectors. Operating five days a week for lunch, the cafe comfortably seats 40 guests. The sale includes all equipment and leasehold improvements, offering a truly turnkey operation. The current lease ensures operational stability until October 31, 2026. Significant growth potential exists through service expansion (breakfast, dinner, delivery) to capitalize on the strong existing customer base and prime location near downtown Melbourne. The asking price is $135,000. This is an ideal opportunity for an entrepreneur seeking a profitable, established business with room for expansion. The property's location provides easy access to major employers and a high concentration of potential customers. This turnkey operation minimizes start-up costs and allows for immediate revenue generation.

    Property Features for 1512 Harbor City Blvd

    General Information

    Property type
    Land

    Building Details

    Year Built
    1960
    Stories
    1
    Units
    1

    HighLights

    • 1512 S Harbor City Boulevard, Melbourne, FL 32901, a 40,075.2 sq ft lot.
    • Single‑story, 1960‑built retail building, currently operating as a cafe.
    • Established cafe with 15‑year history, seating 40, serving lunch five days a week.
    • Turnkey operation; sale includes all equipment and leasehold improvements.
    • Lease in place until October 31, 2026.
    • $135,000 asking price.
    Property Profile Location Intelligence

    Current Use by Public Records

    Olympia Cafe Greek Restaurant

    Suggested Use

    Restaurant Realty agency 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
    -80.6062602
    Latitude
    28.0843109

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    FAQs

    What type of property is this?
    Land - Established Cafe, Turnkey Opportunity
    Where is this land located?
    The property is located at 1512 Harbor City Blvd Melbourne, FL.
    What is the asking price?
    The asking price for this property is $135,000.
    What are key features of this property?
    This property features: 1512 S Harbor City Boulevard, Melbourne, FL 32901, a 40,075.2 sq ft lot.; Single-story, 1960-built retail building, currently operating as a cafe.; Established cafe with 15-year history, seating 40, serving lunch five days a week.
    Request Owner's contact information
    1512 Harbor City 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
    1512 Harbor City Blvd Melbourne, FL 32901
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