15 Hibiscus Blvd Melbourne, FL 32901-3017
Property profile & analytics
15 Hibiscus Blvd, Melbourne, FL 32901-3017
- Retail space
- 8,964 SF
- 0.48 lot acres
Property ID
US18-3277654
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
- Heshmati Nima MD / Physician
- Space Coast Health and Wellness / Alternative Medicine Practice
- Dr. Heidar Heshmati / Physician
- Melbourne Medical Center / Medical Clinic
- Brevard County Medical Society / Medical Clinic
Property Details for 15 Hibiscus Blvd
- Year built
- 1965
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.48 lot acres
- Zone code
- C2
- Property type
- Retail space
- APN
- 28-37-04-01-0000A.0-0001.00
- APU
- 283704010000A0000100
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jan 12, 2026 | — | P & M Associates LLC | — | Deed · related | $920k · Truist Bank |
| Jul 27, 2018 | — | P & M Associates LLC | — | Deed · related | $660k · Branch Bk&tr |
| Apr 12, 2005 | — | P & M Associates LLC | Gatto Michael V & Pamela | Grant Deed | — |
| — | — | P & M Associates LLC | — | Deed Of Trust · related | $161k · Bank Brevard |
| — | — | P & M Associates LLC | — | Deed Of Trust · related | $275k · Branch Bk&tr |
| — | — | P & M Associates LLC | — | Deed Of Trust · related | $204k · Branch Banking & Trust Co |
| — | — | P & M Associates LLC | — | Deed Of Trust · related | $660k · Branch Bk&tr |
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,720,000
- 6.5%
- $1,590,000
- 7%
- $1,475,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,879,000
- AI Estimate
- $1,182,000
Market price range: $799k - $2.31MMarket price range: $439k - $1.49M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $1,540,000 Current use
- AUTO REPAIR, GARAGE
- $2,005,000 Change: +30% Conversion: Difficult
- OFFICE BUILDING
- $1,565,000 Change: +2% Conversion: Easy
- MEDICAL BUILDING
- $1,435,000 Change: -7% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Melbourne
- County
- Brevard
- State
- Florida
- Longitude
- -80.6223
- Latitude
- 28.0848
- 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
$17,020
$173,250
$894,160
$1,067,410
-
$173,250
$894,160
$1,067,410
