Property profile

0 Tbd Miami Ave Melbourne, FL 32904

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional 14,810 square foot lot presents a unique investment opportunity in Melbourne, Florida. Located on TBD Miami Avenue, this buildable parcel offers a blend of residential and commercial potential. Its prime location provides easy access to major transportation arteries, with proximity to I-95 ensuring seamless commutes. The property is situated less than ten miles from the stunning beaches of Florida's Space Coast, offering residents and businesses alike the best of both worlds. Enjoy the convenience of nearby dining, shopping, and entertainment options that Brevard County has to offer. For those who appreciate water activities, convenient access to boat ramps on the Indian River and St. Johns River adds to the appeal. This dry lot is ready for development, making it an attractive option for those seeking to build a custom home or establish a commercial venture in a thriving Florida community. The asking price is $48,500. The property is located in Brevard County, Florida, zip code 32904. This is a rare opportunity to acquire a versatile property in a desirable location.

Property profile

Verified
Property type Land

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Tbd Miami Ave Melbourne, FL 32904
Melbourne metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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