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    311 6th Ave Indialantic, FL 32903-4301
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    Property profile & analytics

    311 6th Ave Indialantic, FL 32903-4301


    • Office buildings
    • 1,659 SF
    • 0.23 lot acres
    Off-Market
    Last Sale May 23, 2025
    $655,000
    Property ID
    US19-0427104
    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.

    Value Estimations
    $685,000
    Show details
    Cap Rate Potential
    3.5%
    Office buildings
    Location Intelligence

    Current Use by Public Records

    • Office buildings

    Property Details for 311 6th Ave

    Year built
    1958
    Construction
    WOOD
    Lot size
    0.23 lot acres
    Property size
    1,659 SF
    Zone code
    RP
    Property type
    Office buildings
    APN
    27-38-31-EO-00016.0-0009.00
    APU
    273831EO000160000900

    Description

    This exceptional free-standing office building presents a unique investment opportunity in the thriving Indialantic, Florida market. Located just one block south of the vibrant downtown area and a mere two blocks from the beach, this property enjoys unparalleled visibility and accessibility. The 0.23-acre lot houses a concrete block structure featuring five private offices, a welcoming reception area, ample storage space, and a convenient kitchenette. On-site parking ensures ease of access for both staff and clients. The functional layout is ideal for a variety of professional office or medical uses, capitalizing on the area's low retail vacancy rate (below 3%). Its strategic location offers strong foot traffic and proximity to Downtown Melbourne, Brevard County's largest employment hub, only two miles away. The building boasts a newer roof (installed in 2013), contributing to its excellent condition and minimizing future maintenance needs. Furthermore, the versatile zoning allows for either commercial or single-family development, presenting significant potential for future expansion or alternative uses, enhancing the long-term value of this exceptional investment. This turnkey property is ready for immediate occupancy and offers a compelling blend of location, functionality, and future development potential.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $690,000
      ML approach
      $735,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $467,000
      Market price range: $214k - $467k

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Indialantic
    County
    Brevard
    State
    Florida
    Longitude
    -80.5712
    Latitude
    28.0893
    CBSA code
    37340
    CBSA name
    PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN 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
    $8,526
    $175,000
    $300,000
    $475,000
    -
    $175,000
    $300,000
    $475,000
    More about this property
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