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Property profile & analytics

529 New Hvn Ave Melbourne, FL 32901-5461

  • Turn key restaurants
  • 1,854 SF
  • 0.17 lot acres
OFF-MARKET
Last Sale
Nov 07, 2024
$650,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US19-0499757
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

  • Della Danley / Massage Therapist
  • Alligator Reef Club / American Restaurant
  • Carol B. Todisco / Massage Therapist / Alternative Medicine Practitioner
  • Della R. Danley, LMT / Massage Therapist
  • Denise Boehm, MS / Massage Therapist

Property Details for 529 New Hvn Ave

Year built
1926
Construction
WOOD
Lot size
0.17 lot acres
Property size
1,854 SF
Zone code
C3
Property type
Turn key restaurants
APN
28-37-03-76-00001.0-0014.00
APU
9223372036854775807

Description

This exceptional 1,426-square-foot restaurant is located at 529 E New Haven Avenue in the heart of historic Downtown Melbourne, Florida (zip code 32901). Built in 1926 and fully remodeled, this property boasts a Florida Keys-inspired design, blending historical character with modern sophistication. The interior features coastal colors and tropical touches, creating a relaxed and elegant atmosphere. The restaurant includes a state-of-the-art kitchen and bar equipped with the latest equipment, ensuring efficient and high-quality food and beverage service. A spacious outdoor dining area provides ample seating for guests to enjoy the Florida climate. The property is zoned C3 and includes a liquor license, enhancing its operational capabilities and appeal. Its prime location in Downtown Melbourne offers high visibility and foot traffic, situated within walking distance of the Hotel Melby (a 156-room hotel) and the Highline Apartment complex (175 units), ensuring a steady stream of potential customers. The asking price is $1,299,900, translating to $911.57 per square foot. This turnkey opportunity presents a unique blend of historical significance, modern amenities, and a highly desirable location, making it an attractive investment in the thriving Melbourne, Florida market. The property's net rentable square footage is 1,426 square feet.


Value Estimations

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Location Insight

  • Map
  • Local Demand
City
Melbourne
County
Brevard
State
Florida
Longitude
-80.6117
Latitude
28.0782
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
$4,188
$216,000
$200
$216,200
-
$216,000
$200
$216,200
More about this property
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