1315 Valentine St Melbourne, FL 32901-3127
Property profile & analytics
1315 Valentine St Melbourne, FL 32901-3127
- Medical Office Space
- 4,045 SF
- 0.34 lot acres
Property ID
US19-0410290
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Brevard Health Alliance / Medical Clinic
- Mark Mctammany / Physician / Medical Clinic
Property Details for 1315 Valentine St
- Year built
- 1964
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.34 lot acres
- Property size
- 4,045 SF
- Zone code
- RP
- Property type
- Medical Office Space
- Property subtype
- Medical space
- APN
- 27-37-34-51-00000.0-0298.00
- APU
- 9223372036854775807
Description
This exceptional 3,820-square-foot medical office building, located at 1315 Valentine Street in Melbourne, Florida, presents a unique leasing opportunity. Situated on a 0.34-acre lot, this single-tenant property boasts a prime location within Brevard County, zip code 32901. Originally constructed in 1964, the building underwent a complete renovation in 2022, ensuring modern amenities and functionality. The property is zoned RP and offers ample space for a variety of medical practices. The entire 3,820 square feet is currently vacant and ready for immediate occupancy. This presents a rare chance to establish or relocate a medical practice in a fully updated, well-located building. The property's single-tenant occupancy provides a streamlined and efficient operational environment. Interested parties are encouraged to explore this exceptional opportunity to secure a prominent presence in the thriving Melbourne medical community. The building's recent renovation ensures modern aesthetics and efficient layouts, ideal for a contemporary medical practice.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $960,000
- ML approach
- $1,005,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $850,000
- 6.5%
- $785,000
- 7%
- $725,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $817,000
Market price range: $387k - $857k -
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $645,000 Current use
- COMMERCIAL (GENERAL)
- $1,250,000 Change: +94% Conversion: Easy
- AUTO REPAIR, GARAGE
- $905,000 Change: +40% Conversion: Difficult
- OFFICE BUILDING
- $705,000 Change: +9% Conversion: Easy
- RETAIL STORES
- $695,000 Change: +7% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $555,000 Change: -14% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Melbourne
- County
- Brevard
- State
- Florida
- Longitude
- -80.6166
- Latitude
- 28.088
- CBSA code
- 37340
- CBSA name
- PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$12,882
$187,500
$527,650
$715,150
-
$187,500
$527,650
$715,150
