Financial
Distress signals
Property profile

1220 New Hvn Ave West Melbourne, FL 32904

OFF-MARKET
Strip malls
Property ID
US18-1832646
13,841 SF 1.34 ac lot Built 1984
Last sale Nov 2020 · $600,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 11,770 square foot retail plaza presents a compelling investment opportunity in Brevard County. Built in 1984, the single-story building sits on a 1.34-acre lot (APN: 28-37-05-02-C-11) and is zoned C-NH, offering flexibility for a variety of retail uses. The property boasts a prominent corner location, ensuring high visibility and accessibility for potential tenants and customers. Currently, the plaza houses four suites, with one suite comprising 2,800 square feet currently

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$13k
Tax billed · 2023
Assessed value$558k
Assessed land$535k
Assessed improvement$22k
Effective rate2.29%

Value estimate

· Sep 2026
$360k
$324k – $396k
AI approach$360k
Submarket $/SF estimate$399k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$137/SF
Submarket average, outlier-cleaned · 75 recorded sales of this use type
Observed band · Q1–Q3$72 – $218

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?
C2
JurisdictionBREVARD

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency14.0
Storage Facility12.6
Parking Facility11.5

Location

1220 New Hvn Ave West Melbourne, FL 32904-4000
County assessor Recorded deeds · 4 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1120 Wickham, West Melbourne, FL 32904-2442 $1,320,000 Jun 2025 10,001 SF
1795 New Hvn, West Melbourne, FL 32904-4146 $1,450,000 Aug 2020 10,266 SF
1705 New Hvn, West Melbourne, FL 32904-3929 $500,000 Aug 2020 20,520 SF
4270 Minton, Melbourne, FL 32904-9578 $7,000,000 Dec 2019 28,592 SF
2700 New Hvn, Melbourne Village, FL 32904-3712 $1,850,000 Jan 2019 6,276 SF
3900 Dairy, Melbourne, FL 32904-7634 $332,400 Sep 2018 8,552 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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