Property profile

1900 Municipal Ln Melbourne, FL 32901

OFF-MARKET
Bars & Pubs
Property ID
US19-0651151
2,184 SF 0.11 ac lot Built 1910
Entity Owned 1-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Bars & Pubs
Use group NIGHTCLUB (COCKTAIL LOUNGE)
Year built 1910
Construction WOOD
Total area 2,184 SF
Lot 0.11 ac (4,792 SF)
Zoning code C3
APN 28-37-03-FC-00032.0-0001.01
UPID US19-0651151

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
  • Bar & Pub Nightclub

Location

1900 Municipal Ln Melbourne, FL 32901-4702
Melbourne metro Census 64800 PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$790k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$805k

Owner & transaction history

since 2025
Last sale
$766,000
6 recorded transactions
2025
$766,000
2005
$420,000
2002
$170,000
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C3 · Melbourne, FL
Zoning description

This district is intended to apply to the central commercial, professional, financial, governmental and civic core of the city. Lot and building regulations are intended to permit intensive development of the area and to…

General category CIVIC_INSTITUTIONAL

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
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