Property profile

405 Miramar Ave 101 Indialantic, FL 32903

OFF-MARKET
Commercial land
Property ID
US18-8494316
7,678 SF 0.56 ac lot Built 1959
Entity Owned 6-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1959
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 7,678 SF
Lot 0.56 ac (24,394 SF)
Zoning code T
APN 27-38-31-EO-00066.0-0007.00
UPID US18-8494316

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
  • Condominium Complex

Location

405 Miramar Ave, Unit 101 Indialantic, FL 32903-3125
Indialantic metro Census 66200 PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.23M
CAP Approach CAP
$1.37M
Comparable Approach Comparable
$1.30M
Blend (final) Blend
$1.21M

Owner & transaction history

since 2020
Last sale
$1.1M
7 recorded transactions
2023
Price N/A
2020
$1.1M
2006
Price N/A
2006
Price N/A
2005
Price N/A
2001
$1.1M
1969
Price N/A

Zoning & alternative use

T · Indialantic, FL
Zoning description

The intent of the Tourist Motels, Apartments, and Condominium District is to promote and support short-term and long-term accommodations that cater to tourists, seasonal residents, and visitors. This district encourages…

General category UNKNOWN

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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