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    4805 Tiverton Ct Melbourne, FL 32934

    Sponsored
    For Sale
    $150,000

    Prime Commercial/Residential Land, Excellent Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 40,075 square foot lot, located at 4805 Tiverton Court in Melbourne, Florida (zip code 32934), presents a unique opportunity for both commercial and residential development. Situated in Brevard County, this property offers significant potential. The asking price is $150,000. The land is zoned for both commercial and residential use, providing flexibility for a variety of projects. Its ideal location near Lake Washington adds to its appeal. While the lot is currently part of a construction package and is not sold separately, this presents a compelling opportunity for those seeking a comprehensive development solution. The property's size allows for substantial building plans, with options ranging from pre-designed Craftsman-style homes to completely custom designs. Buyers should be aware that this is a land sale only

    Property Features for 4805 Tiverton Ct

    General Information

    Property type
    Land

    HighLights

    • 40,075 square foot lot in Melbourne, FL (32934).
    • $150,000 asking price.
    • Zoned for commercial and residential use.
    • Located near Lake Washington.
    • Part of a larger construction package; land sale only.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Building Supply Wholesale Shop HVAC Service Bar & Pub Garden Center Electrical Service Computer & Electronic Repair Tech Support Center Pet Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Melbourne
    County
    Brevard
    State
    Florida
    Longitude
    -80.7084906
    Latitude
    28.1681935

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    FAQs

    What type of property is this?
    Land - Prime Commercial/Residential Land, Excellent Location
    Where is this land located?
    The property is located at 4805 Tiverton Ct Melbourne, FL.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: 40,075 square foot lot in Melbourne, FL (32934).; $150,000 asking price.; Zoned for commercial and residential use.
    Request Owner's contact information
    4805 Tiverton Ct Melbourne, FL 32934
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    Melbourne, FL 32934
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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
    4805 Tiverton Ct Melbourne, FL 32934
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