Property profile

1816 Hbr City Blvd Melbourne, FL 32901

OFF-MARKET
Auto shops
Property ID
US18-4432959
2,088 SF 0.32 ac lot Built 1957
Entity Owned Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

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

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1957
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,088 SF
Lot 0.32 ac (13,939 SF)
Zoning code C2
APN 28-37-02-FD-00015.0-0001.00
UPID US18-4432959

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Department Store

Location

1816 Hbr City Blvd Melbourne, FL 32901-4746
Melbourne metro Census 64800 PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$290k

Owner & transaction history

since 2026
Last sale
$2.1M
4 recorded transactions
2026
$2.1M
2025
$800,000
2024
Price N/A
2021
Price N/A

Zoning & alternative use

C2 · Melbourne, FL
Zoning description

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…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1816 Hbr City Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message