Property summary
This exceptional commercial property, located at 1816 S Harbor City Boulevard in Melbourne, Florida, presents a compelling investment opportunity. The 13,939.2 square foot lot is zoned for mixed use, offering significant flexibility for future development. Currently occupied by a long-established business (details available upon request), this property benefits from an extremely high traffic count, a key advantage for any retail venture. The single-story building, constructed in 1957, provides a solid foundation for immediate use or redevelopment. Its prime location near downtown Melbourne ensures high visibility and accessibility. The asking price is $999,500. This property is situated in Brevard County, Florida, zip code 32901, and offers a rare chance to acquire a well-positioned commercial asset in a thriving area. The property's strategic location and high traffic volume make it an ideal investment for both established businesses and new ventures seeking a strong foothold in the Melbourne market. Serious inquiries are encouraged to explore the full potential of this remarkable opportunity. Further details regarding the current business occupancy are available upon request. The property's mixed-use zoning allows for a wide range of potential uses, maximizing its investment potential.
Property profile
VerifiedCap rate & NOI
Current use
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Department Store
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The provisions of this district are intended to apply to an area intended to be developed and preserved as a major commercial center serving the commercial needs of the community and region as well as the motoring public…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
C2 · Melbourne, FLThe provisions of this district are intended to apply to an area intended to be developed and preserved as a major commercial center serving the commercial needs of the community and region as well as the motoring public…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The provisions of this district are intended to apply to an area intended to be developed and preserved as a major commercial center serving the commercial needs of the community and region as well as the motoring public…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C2 in Melbourne, FL.
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Find the owner behind the property.
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