128 Tomahawk Dr, Indian Harbour Beach, FL 32937-1818
- Warehouses
- 9,000 SF
- 0.56 lot acres
Current Use by Public Records
- Warehouses
Property Details for 128 Tomahawk Dr
- Year built
- 1980
- Construction
- CONCRETE
- Lot size
- 0.56 lot acres
- Zone code
- M1
- Property type
- Warehouses
- APN
- 27-37-02-00-00535.0-0000.00
- APU
- 9223372036854775807
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| May 6, 2026 | $1,700,000 | Axelayla Properties LLC | Shinn Properties LLC | Warranty Deed | $1.3M |
| May 4, 2016 | — | Shinn Propertiese LLC | Shinn Kenneth J Trust | Quit Claim Deed · related | — |
Description
This exceptional 9,000-square-foot warehouse in Indian Harbour Beach, Florida, presents a unique opportunity. Situated on a 0.56-acre lot, this property boasts a prime beachside location, the only industrial street between Vero Beach and Cocoa Beach. The building features five roll-up doors, a privacy gate, and ample parking, ensuring convenient access and security. Inside, you'll find approximately 2,500 square feet of air-conditioned office space and approximately 6,500 square feet of warehouse space, complemented by a 14-foot ceiling height and a mezzanine for added storage. The M-1 zoning allows for light industrial uses. The property is currently available for lease at $14 per square foot per year on a gross lease basis, totaling $10,500 per month plus taxes, with a three-year lease term required. This is an ideal space for businesses seeking a well-equipped, conveniently located warehouse in a desirable coastal setting. The address is 128 Tomahawk Drive, Satellite Beach, FL 32937, in Brevard County.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,035,000
- 6.5%
- $955,000
- 7%
- $885,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $778,000
- AI Estimate
- $802,000
Market price range: $778k - $1.90MMarket price range: $373k - $1.84M -
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $1,125,000 Current use
- MEDICAL BUILDING
- $1,395,000 Change: +24% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Indian Harbour Beach
- County
- Brevard
- State
- Florida
- Longitude
- -80.6008
- Latitude
- 28.1608
- CBSA code
- 37340
- CBSA name
- PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA
