760-780 Palm Ave Melbourne, FL 32901
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.