Financial
Distress signals
Property profile

705 Apollo Blvd Melbourne, FL 32901

OFF-MARKET
Retail space
Property ID
US18-5916293
7,680 SF 0.69 ac lot Built 1974
Last sale Jul 2022 · $750,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

The property is a 7,200-square-foot standalone commercial building constructed with CBS (concrete block) construction. It features upgraded electrical and plumbing systems and is served by three-phase power. Zoning is flexible Commercial Planned (CP), which permits multiple uses. The roof was resealed, and six rooftop air-handling units (RTUs) were replaced in 2022. The building includes pylon signage along the street for prominent visibility and direct exterior access.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$11k
Tax billed · 2023
Assessed value$603k
Assessed land$126k
Assessed improvement$477k
Effective rate1.75%

Value estimate

· Sep 2026
$655k
$590k – $721k
AI approach$775k
Submarket $/SF estimate$668k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$172/SF
Submarket average, outlier-cleaned · 113 recorded sales of this use type
Observed band · Q1–Q3$89 – $258
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CP
The provisions of this district are intended to apply to areas located adjacent to a main highway. The types of uses permitted and restri...
General categoryCOMMERCIAL
JurisdictionBREVARD

Location intelligence

Which uses thrive at this corner?
Best fit: Bakery
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Bakery9.0
Locksmith8.8
Storage Facility8.7

Location

705 Apollo Blvd Melbourne, FL 32901-1486
County assessor Recorded deeds · 11 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2116 Babcock, Melbourne, FL 32901-5304 $1,500,000 Oct 2024 6,021 SF
1441 Babcock, Melbourne, FL 32901-3013 $570,000 Dec 2023 6,204 SF
300 Hbr City, Melbourne, FL 32901-1324 $1,455,000 Oct 2022 7,970 SF
1231 New Hvn, Melbourne, FL 32901-7371 $715,000 Aug 2022 6,962 SF
1300 Babcock, Melbourne, FL 32901-3067 $720,000 Aug 2022 9,434 SF
525 University, Melbourne, FL 32901-7019 $1,736,600 Oct 2020 9,432 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 705 Apollo Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message