You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
New search
Property profile & analytics
OFF-MARKET Estimated value $1,810,000
Retail space

2051 Hbr City Blvd Melbourne, FL 32935-6649

11,970 SF 1.09 ac lot Built 1979
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US18-3252938
Property summary
AI-generated overview

This exceptional 1.09-acre commercial property, located at 2051 N. Harbor City Blvd in Melbourne, FL (32935), presents a unique investment opportunity. Boasting 17,020 square feet of space across two buildings, this property enjoys a prime corner location on US-1, benefiting from high visibility and accessibility with over 30,000 vehicles passing daily. Currently configured as a retail space and warehouse, the property features 11,642 square feet of retail area, a 4,640 square foot warehouse, and a 774 square foot mezzanine. The warehouse includes two 10'x10' overhead roll-up truck doors with truck wells. Ceiling heights range from 10 feet in the showroom to 20 feet in the warehouse, with eave/building heights of 12-20 feet. The property also includes a paved parking lot with 25 spaces. Recent improvements include a roof coating (2021) and six air conditioning units (three installed in 2023, three in 2013). The property is zoned C-1, allowing for a wide range of uses including general retail, restaurants, medical facilities, various housing types (single-unit, senior, student), bed and breakfasts, hotels/motels, offices, and research and development. The asking price is $2,200,000 ($129.26/sq ft). The property is currently 100% occupied, with the occupancy date expiring November 22, 2024. Built in 1979 and renovated in 1985, this property offers significant potential for a variety of commercial ventures. A current appraisal is available. The owner has operated the retail showroom and warehouse for over 50 years and the property will be cleared upon sale.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1979
Construction FRAME
Total area 11,970 SF
Lot 1.09 ac (47,480 SF)
Zoning code C1
APN 27-37-16-25-00015.0-0001.00
UPID US18-3252938
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Badcock Home Furniture &more Home Decor Store Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.88M
CAP Approach CAP
$2.13M
Comparable Approach Comparable
$1.69M
Blend (final) Blend
$1.81M
Owner & transaction history
Sharp Restorations LLC · 1 yrs held
Sharp Restorations LLC
since 2025
Last sale
$1.8M
2 recorded transactions
2025
$1.8M
2025
Price N/A
Zoning & alternative use
C1 · Melbourne, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $2.7M +53.0%
Medical building $1.9M +9.6%
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 2051 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.
List this address →
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