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    Property profile & analytics

    2 Melbourne St Beverly Hills, FL 34465-3268

    • Retail space
    • 1,500 SF
    • 0.26 lot acres
    OFF-MARKET
    Value Estimation
    $290,000
    Location Intelligence
    Property ID
    US18-4468198
    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.

    Current Use by Public Records

    • Angelic Air / Air Conditioning Contractor / Service Establishment

    Property Details for 2 Melbourne St

    Year built
    1965
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.26 lot acres
    Property size
    1,500 SF
    Zone code
    GNC GEN COMMERCIAL
    Property type
    Retail space
    APN
    18E-18S-11-0010-001.0
    APU
    18E18S1100100010

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $280,000

    • CAP approach

      CAP return
      Estimation
      6%
      $320,000
      6.5%
      $305,000
      7%
      $295,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $300,000
      Geo Method
      $335,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $345,000
      Retail
      $400,000
      Mixed-Use
      $315,000
      Hospitality
      $365,000
      Educational
      $365,000
      Residential Income
      $290,000
      Energy
      $380,000
      Income-Based Land
      $285,000
      Food Service
      $345,000

    Location Insight

    • Map
    • Local Demand
    City
    Beverly Hills
    County
    Citrus
    State
    Florida
    Longitude
    -82.4595
    Latitude
    28.9278
    CBSA code
    26140
    CBSA name
    HOMOSASSA SPRINGS, FL MICROPOLITAN 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
    $1,861
    $27,430
    $73,800
    $101,230
    -
    $27,430
    $73,800
    $101,230

    Comparable in this City

    • Value Estimation by Request
      392 SF

      6979 Lecanto Hwy

      RETAIL STORES (PERSONAL SERVICES) • 392 SF
      6979 Lecanto Hwy, Beverly Hills, FL 34465-2517
      View Details
    • Value Estimation by Request
      1,020 SF

      1 Jessie Ct

      RETAIL STORES (PERSONAL SERVICES) • 1,020 SF
      1 Jessie Ct, Beverly Hills, FL 34465-3752
      View Details
    • Value Estimation
      $230,000
      900 SF

      1 Carl Ct

      RETAIL STORES (PERSONAL SERVICES) • 900 SF
      1 Carl Ct, Beverly Hills, FL 34465-3737
      View Details
    • Value Estimation
      $260,000
      2,400 SF

      6976 Lecanto Hwy

      RETAIL STORES (PERSONAL SERVICES) • 2,400 SF
      6976 Lecanto Hwy, Beverly Hills, FL 34465-2518
      View Details
    • Value Estimation by Request
      6,300 SF

      3150 Pne Rdg Blvd

      RETAIL STORES (PERSONAL SERVICES) • 6,300 SF
      3150 Pne Rdg Blvd, Beverly Hills, FL 34465-4554
      View Details
    • Value Estimation by Request
      7,200 SF

      3467 Lecanto Hwy

      RETAIL STORES (PERSONAL SERVICES) • 7,200 SF
      3467 Lecanto Hwy, Beverly Hills, FL 34465-3546
      View Details

    Similar Nearby for Sale

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      Shovel-ready commercial land in Citrus County's growth corridor.
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    Similar Nearby for Lease

    • $1.00 SF/Yr
      1,500 SF

      Retail Space in Grocery Anchored Plaza

      Retail space available in a high-traffic, grocery-anchored plaza.
      3525-3591 N Lecanto Hwy, Beverly Hills, FL 34465
      View Details
    • $1.00 SF/Yr
      14,646 SF

      Grocery Anchored Retail Center Space

      Retail space in grocery-anchored center serving multiple communities.
      3537 N Lecanto Hwy, Beverly Hills, FL 34465
      View Details
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    2 Melbourne St
    Beverly Hills, FL 34465-3268
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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