Realmo Analytics
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Property summary
This exceptional commercial property, located at 308 Orange Street in Melbourne Beach, Florida (zip code 32951), presents a unique investment opportunity. Situated on a substantial 20,473.2 square foot lot – approximately half an acre – this property enjoys a prime corner location just one block from both the Atlantic Ocean and the Indian River. The single-story building, constructed in 1973, features a newly installed roof (2017), minimizing immediate maintenance concerns. Currently zoned… for retail use, this versatile property offers significant potential for redevelopment or repurposing. The expansive lot size allows for various development options, catering to a wide range of commercial ventures. Its proximity to the ocean and the Indian River provides unparalleled access to recreational activities and stunning natural beauty, making it an attractive location for businesses and customers alike. The asking price for this exceptional property is $750,000. This is a rare chance to acquire a highly desirable commercial property in a sought-after coastal location. The property's location, combined with its size and recent roof replacement, makes it an ideal investment for those seeking a high-return opportunity in a thriving Florida market.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Oct 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
4 recorded sales · 12 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 3,676 SF
- Lot area
- 0.47 ac
- Year built
- 1973
- Stories
- 1
- APN
- 28-38-08-52-0000C.0-0001.00
- Zoning
- 2RS
- Assessed value · 2023
- $534,010
- Annual tax · 2023
- $8,406
- Auto Repair, Garage
- Office Building · current use
- Retail Stores
- Medical Building
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
The purpose of 3RS zone is intended to apply to an area of low density single family residential development
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- 10 Targeted Leads
- 1 Full Property Report
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
-
Zoning Insight— not in this plan -
Location Analytics— not in this plan
- 300 Targeted Leads a month
- 30 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
-
Location Analytics— not in this plan
- 1,500 Targeted Leads a month
- 150 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
- Location Analytics
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