Financial
Distress signals
Property profile

1987 Hbr City Blvd Melbourne, FL 32935

OFF-MARKET
Retail space
Property ID
US18-5742789
1,288 SF 0.21 ac lot Built 1961
Last sale Jul 2022 · $400,000
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.
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Property summary

AI-generated overview

The property is a cleared, level 0.81-acre commercial corner lot situated at a signalized intersection on US-1 (N Harbor City Blvd) in Melbourne, Florida, with frontage along US-1, Masterson Street, and Guava Avenue. It is development-ready and zoned C-1 & C-2, which allows for a range of commercial uses including drive-thru/QSR, retail, professional and medical office, multi-tenant strip center, and mixed-use developments. The site has access to city water and sewer and is located near the Eau Gallie area with convenient routes to major roadways.

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?
$2k
Tax billed · 2023
Assessed value$96k
Assessed land$86k
Assessed improvement$11k
Effective rate2.04%

Value estimate

· Sep 2026
$350k
$315k – $385k
AI approach$340k

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

Recently sold

What actually traded nearby?
$146/SF
ZIP average, outlier-cleaned · 20 recorded sales of this use type
Observed band · Q1–Q3$77 – $172
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?
C2
The provisions of this district are intended to apply to an area intended to be developed and preserved as a major commercial center serv...
General categoryCOMMERCIAL
JurisdictionBREVARD

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office12.7
Parking Facility12.2
Pharmacy10.1

Location

1987 Hbr City Blvd Melbourne, FL 32935-6647
County assessor Recorded deeds · 6 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
1643 Cypress, Melbourne, FL 32935-5930 $750,000 Jan 2023 2,168 SF
1442 Hbr City, Melbourne, FL 32935-6555 $305,000 Apr 2022 1,319 SF
Melbourne, FL 32935 $200,000 Dec 2021 1,665 SF
2140 Aurora, Melbourne, FL 32935-3302 $390,000 Dec 2021 1,517 SF
1470 Highland, Melbourne, FL 32935-6561 $480,000 Oct 2021 2,496 SF
1709 Hbr City, Melbourne, FL 32935-7603 $630,000 Jul 2021 2,975 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
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