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Financial
Distress signals
Property profile

309 Ocean Ave Melbourne Beach, FL 32951

OFF-MARKET
Other commercial real estate
Property ID
US18-4517294
4,564 SF 0.4 ac lot Built 1964
Last sale Mar 2021 · $650,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a commercial land parcel located at 309 Ocean Ave (SR A1A) in the downtown business district of Melbourne Beach, within Brevard County. It is positioned along SR A1A as a connector corridor, with the site described as being approximately 0.1 mile from the Atlantic Ocean and 0.4 mile from the Indian River. The listing indicates traffic volumes of 12,400 vehicles per day based on a 2016 AADT count. The remarks provide plans for a proposed retail building of approximately 5,669 SF,…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$6k
Tax billed · 2023
Assessed value$357k
Assessed land$250k
Assessed improvement$107k
Effective rate1.62%

Value estimate

· Oct 2026
$700k
$630k – $770k
AI approach$735k
CAP approach$815k
Submarket $/SF estimate$796k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$310/SF
Submarket average, outlier-cleaned · 66 recorded sales of this use type
Observed band · Q1–Q3$126 – $527
Qualifying comparables7

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?
6B
The purpose of 6B zone are intended to apply on centrally located areas adjacent to major arterial streets and convenient to major reside...
General categoryCOMMERCIAL
JurisdictionBREVARD

Location intelligence

Which uses thrive at this corner?
Best fit: Hair Salon
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Hair Salon12.2
Law Firm11.3
Dental Office11.2

Location

309 Ocean Ave Melbourne Beach, FL 32951-2519
County assessor Recorded deeds · 5 transfers 7 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

2 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
2 properties of the same type nearby
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