105 Cherry St Melbourne, FL 32901
This property is only a 6 minute drive to the Ballard Park boat ramp and a 10 minute drive to the closest beach park in Indialantic. This lot is ready to build on with Melbourne Water and meter in place, Sewer lateral in place, and Fiber optic hub in place. That will save you time and money when you plan to build. This property is a short distance to the beaches, Port Canaveral, Cocoa Beach, Sebastian Inlet, Disney World, Viera, Vero Beach, upscale shopping, the airports, the Brevard Zoo, the space center, and other world class attractions.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.