Property profile

111 Scott St Melbourne, FL 32901

FOR SALE
Office buildings
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Property ID
US19-0528489
5,000 SF 0.5 ac Built 1981
Last sale Nov 2022·$750,000
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.
Market Trends Soon

Property summary

AI-generated overview

The property is located in Melbourne, Florida, within the Space Coast corridor, providing 4,948 square feet of interior space, with an adjacent 0.5-acre lot that can support development, additional parking, or facility expansion. It is positioned near Melbourne International Airport and U.S. Route 1 for access to commuter and client traffic. The building was formerly used as a nursing school, and its layout is configured for educational, medical, or professional purposes. The property is also situated near major regional hospitals, supporting potential medical-related uses.

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?
$8k
Tax billed · 2023
Assessed value$381k
Assessed land$88k
Assessed improvement$293k
Effective rate2.02%

Value estimate

· Nov 2026
$775k
$698k – $853k
AI approach$785k
Submarket $/SF estimate$678k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$175/SF
ZIP average, outlier-cleaned · 50 recorded sales of this use type
Observed band · Q1–Q3$136 – $246

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?
C1A
The provisions of this district are intended to apply to an area adjacent to major streets and convenient and complementary to major comm...
General categoryINDUSTRIAL
JurisdictionBREVARD

Location intelligence

Which uses thrive at this corner?
Best fit: Tailor Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Tailor Shop9.3
Laundry Service9.0
Convenience Store8.8

Location

111 Scott St Melbourne, FL 32901
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file 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
203 Nieman, Melbourne, FL 32901-1252 $460,000 Sep 2024 3,300 SF
1785 Waverly, Melbourne, FL 32901-4641 $1,055,000 Jun 2024 5,738 SF
940 Hbr City, Melbourne, FL 32901-1909 $1,500,000 May 2024 6,622 SF
306 New Hvn, Melbourne, FL 32901-4506 $450,000 Dec 2022 2,597 SF
47 New Hvn, Melbourne, FL 32901-4689 $770,000 Aug 2022 3,762 SF
1221 New Hvn, Melbourne, FL 32901-7305 $850,000 Aug 2022 6,100 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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Includes: Price & PSF · Cap rate · Location · Zoning

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