Technical
Financial
Distress signals
Property profile

101 Frst Lk Dr Melbourne, FL 32901

OFF-MARKET
Apartment buildings
Property ID
US18-6090154
12,024 SF 7.28 ac lot Built 1987
Entity Owned 6-yr Hold Free & Clear
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Property profile

Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1987
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 12,024 SF
Lot 7.28 ac (317,117 SF)
APN 28-37-16-00-00769.0-0000.00
UPID US18-6090154

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

101 Frst Lk Dr Melbourne, FL 32901
Melbourne metro Census 65127 PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$956k
Blend (final) Blend
$1.13M

Owner & transaction history

since 2019
4 recorded transactions
2019
$14.8M
2017
$8.0M
2010
Price N/A
2007
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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