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Property profile & analytics
OFF-MARKET
Estimated value
$565,000
Apartment buildings
409 Miramar Ave Indialantic, FL 32903-3298
Trust Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-4262363
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1964
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
5,440 SF
Lot
0.23 ac (10,019 SF)
Zoning code
T
APN
27-38-31-EO-00039.0-0005.00
UPID
US18-4262363
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$565k
Owner & transaction history
Mocny,debra S Trust · 6 yrs held
Mocny,debra S Trust
since 2020
1 recorded transaction
Zoning & alternative use
T · Indialantic, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 the development and maintenance of motels, furnished apartments, and condominiums that offer comfortable, accessible, and aesthetically plea…
Zone name
Tourist Motels Apartments And Condominium 300 500 And 1000 Square Feet
General category
UNKNOWN
Zone area
41.06 ac
Source
Realmo
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Indialantic submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Indialantic submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$104 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$13,396
Tax year 2023
Assessed value
$936,390
Assessed 2023
Previous assessed
$936,390
+0.0% YoY
Effective rate
1.43%
On assessed value
Assessed land
$189,000
Assessed improvement
$747,390
Land market value
$189,000
Improvement market value
$747,390
Total market value
$936,390
Applied tax rate
54.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1964
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Units
10
Total area
5,440 SF
Lot
0.23 ac (10,019 SF)
Zoning code
T
APN
27-38-31-EO-00039.0-0005.00
UPID
US18-4262363
Jurisdiction
BREVARD
Zoning & alternative use
T · Indialantic, FLZoning T · permitted uses
T · Indialantic, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
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 the development and maintenance of motels, furnished apartments, and condominiums that offer comfortable, accessible, and aesthetically pleasing lodging options. It aims to enhance the local tourism economy while ensuring compatibility with surrounding land uses and preserving community character.
Zone name
Tourist Motels Apartments And Condominium 300 500 And 1000 Square Feet
General category
UNKNOWN
Zone area
41.06 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1964
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
2
Units
10
Lot
0.23 ac
Current owner
From public records · entity-resolved
Mocny,debra S Trust
Trust
Free & Clear · 6 yrs held
Mailing address
1715 SHR VW DR, INDIALANTIC, FL 32903-4519
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 27, 2020
—
Mocny,debra S Trust
Debra S Mocny
Quit Claim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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