Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

2115 Waverly Pl Melbourne, FL 32901

FOR LEASE
Retail space
Property ID
US18-6068594
2,582 SF 0.34 ac lot Built 1948
Last sale Aug 2021 · $625,000
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 consists of two freestanding office buildings on a corner lot in the Downtown Melbourne business district, with frontage on both Melbourne Avenue and Waverly Place. One building at 800 Melbourne Ave is configured as a pharmacy with laboratory and office space and contains approximately 2,300 square feet. The second building at 2115 Waverly Place includes three offices, a reception area, a kitchenette, and one full bathroom, totaling approximately 700 square feet. The site is zoned…

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?
$10k
Tax billed · 2023
Assessed value$533k
Assessed land$450k
Assessed improvement$83k
Effective rate1.80%

Value estimate

· Nov 2026
$520k
$468k – $572k
AI approach$610k
CAP approach$460k
Submarket $/SF estimate$665k
NOI build-up
Gross scheduled income$13k
Vacancy & credit loss−$1k
Operating expenses−$3k
NOI · 32,011.76% cap applied$8k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$172/SF
Submarket average, outlier-cleaned · 113 recorded sales of this use type
Observed band · Q1–Q3$89 – $258
Qualifying comparables8

Cap rate analysis

How does the asset earn?
32,011.76%
$8k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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: Tailor Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Tailor Shop9.4
Laundry Service9.3
Storage Facility9.2

Location

2115 Waverly Pl Melbourne, FL 32901
County assessor Recorded deeds · 2 transfers 8 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
665 University, Melbourne, FL 32901-7121 $400,000 Oct 2024 2,040 SF
653 University, Melbourne, FL 32901-7121 $1,200,000 Apr 2023 3,120 SF
739 New Hvn, Melbourne, FL 32901-4210 $750,000 Dec 2022 2,046 SF
223 New Hvn, Melbourne, FL 32901-4571 $125,000 Sep 2021 2,053 SF
3998 Babcock, Melbourne, FL 32901-8212 $6,550,000 Sep 2021 3,561 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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