Financial
Distress signals
Property profile

1406 Highland Ave Melbourne, FL 32935

OFF-MARKET
Strip malls
Property ID
US18-0466957
5,373 SF 0.2 ac lot Built 1951
Last sale Jul 2023 · $1,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This retail space is located at 1406 Highland Avenue in Melbourne, Florida, within the Eau Gallie Art District. The property is situated in an area with a mix of local businesses and community activity associated with the district’s art and commercial presence.

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?
$8k
Tax billed · 2023
Assessed value$393k
Assessed land$85k
Assessed improvement$308k
Effective rate1.96%

Value estimate

· Sep 2026
$1.15M
$1.04M – $1.27M
AI approach$1.27M
CAP approach$1.10M

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

Recently sold

What actually traded nearby?
$137/SF
Submarket average, outlier-cleaned · 75 recorded sales of this use type
Observed band · Q1–Q3$72 – $218
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?
C3
This district is intended to apply to the central commercial, professional, financial, governmental and civic core of the city. Lot and b...
General categoryCIVIC_INSTITUTIONAL
JurisdictionBREVARD

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility10.8
Plumbing Service9.3
Tailor Shop9.3

Location

1406 Highland Ave Melbourne, FL 32935-6519
County assessor Recorded deeds · 2 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
1682 Hbr City, Melbourne, FL 32935-7602 $380,000 Mar 2025 3,520 SF
489 Babcock, Melbourne, FL 32935-6805 $250,000 Jun 2024 3,784 SF
1420 Highland, Melbourne, FL 32935-6519 $1,237,400 Nov 2022 5,148 SF
2625 Hbr City, Melbourne, FL 32935-6213 $575,000 Jun 2022 3,570 SF
1609 Wickham, Melbourne, FL 32935-8124 $327,000 Jun 2019 3,584 SF
559 Eau Gallie, Melbourne, FL 32935-6524 $1,150,000 Oct 2018 7,953 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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