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    1385 New Hvn Ave West Melbourne, FL 32904-3901
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    Property profile & analytics

    1385 New Hvn Ave, West Melbourne, FL 32904-3901

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    • Retail space
    • 3,276 SF
    • 0.12 lot acres
    Off-Market
    Last Sale Jul 29, 2020
    $525,000
    Property ID
    US18-0317907
    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.

    Value Estimations
    $505,000
    Show details
    Cap Rate Potential
    8.4%
    Retail space
    Location Intelligence

    Current Use by Public Records

    • Retail space

    Property Details for 1385 New Hvn Ave

    Year built
    1960
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.12 lot acres
    Zone code
    C2
    Property type
    Retail space
    APN
    28-37-05-77-00001.0-0005.00
    APU
    9223372036854775807

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 31, 2020 — Muddymc LLC — Deed · related $512k · First National Bank
    Jul 29, 2020 $525,000 Muddymc LLC John Laisi Warranty Deed $448k · First National Bank
    Mar 10, 2005 $375,500 John Laisi Bauer,e M Warranty Deed $275k · E M Bauer
    — — Marilyn Bauer — Deed Of Trust · related $122k · Bank Of America
    — — John Laisi — Deed Of Trust · related $204k · E Marilyn Bauer

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $450,000
      ML approach
      $510,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $630,000
      6.5%
      $580,000
      7%
      $540,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $430,000
      Market price range: $292k - $844k
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $560,000
      Current use
      AUTO REPAIR, GARAGE
      $730,000
      Change: +30% Conversion: Difficult
      OFFICE BUILDING
      $665,000
      Change: +18% Conversion: Easy
      MEDICAL BUILDING
      $525,000
      Change: -7% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    West Melbourne
    County
    Brevard
    State
    Florida
    Longitude
    -80.6441
    Latitude
    28.0785
    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
    $4,587
    $64,920
    $184,620
    $249,540
    -
    $64,920
    $184,620
    $249,540
    More about this property
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