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    Property profile & analytics

    5515 Porada Dr Melbourne, FL 32940-8420

    • Strip malls
    • 4,445 SF
    • 1.00 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US18-6284992
    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

    • Dunkin' / Donut Shop / Bagel Shop
    • DeLux Nail Spa / Nail Salon

    Property Details for 5515 Porada Dr

    Year built
    2014
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.00 lot acres
    Property size
    4,445 SF
    Zone code
    PUD
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    25-36-33-VE-0000A.0-0001.00
    APU
    253633VE0000A0000100

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Melbourne
    County
    Brevard
    State
    Florida
    Longitude
    -80.738
    Latitude
    28.266
    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
    $20,151
    $654,000
    $567,790
    $1,221,790
    -
    $654,000
    $567,790
    $1,221,790

    Comparable in this City

    • Value Estimation by Request
      9,432 SF

      7777 Wickham Rd Ste, Unit 16

      SHOPPING CENTER, STRIP CENTER • 9,432 SF
      7777 Wickham Rd Ste, Melbourne, FL 32940-7978
      View Details
    • Value Estimation by Request
      13,472 SF

      8530 Wickham Rd Ste, Unit 104

      SHOPPING CENTER, STRIP CENTER • 13,472 SF
      8530 Wickham Rd Ste, Melbourne, FL 32940-6616
      View Details
    • Value Estimation by Request
      6,724 SF

      6455 Wickham Rd, Unit 103

      SHOPPING CENTER, STRIP CENTER • 6,724 SF
      6455 Wickham Rd, Melbourne, FL 32940-2020
      View Details
    • Value Estimation by Request
      7,361 SF

      5555 Wickham Rd Ste, Unit 104

      SHOPPING CENTER, STRIP CENTER • 7,361 SF
      5555 Wickham Rd Ste, Melbourne, FL 32940-8725
      View Details
    • Value Estimation
      $4,085,000
      7,719 SF

      6670 Colonnade Ave

      SHOPPING CENTER, STRIP CENTER • 7,719 SF
      6670 Colonnade Ave, Melbourne, FL 32940-6465
      View Details
    • Value Estimation by Request
      4,680 SF

      4846 Wickham Rd

      SHOPPING CENTER, STRIP CENTER • 4,680 SF
      4846 Wickham Rd, Melbourne, FL 32940-7108
      View Details

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      Turnkey Restaurant Opportunity in Melbourne

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    Similar Nearby for Lease

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      2,573 SF

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      Grocery and home improvement anchored lifestyle center. Flexible sizing available.
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    • Contact for pricing
      3,200 SF

      Retail Space in Viera

      Grocery and home improvement anchored lifestyle center, flexible sizing available.
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    • $28 SF/Yr
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      Prime Retail Space, Wickham Rd

      High-traffic location, two suites available
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    • $3,500 /Mo
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      Office with Garage and Lot

      Office space with garage and large lot for outdoor storage.
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    • $25 SF/Yr
      1,025 SF

      Suntree Retail Space for Sale

      Prime Retail/Office, 1,025 sq ft
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      View Details

    Property Visit Statistics

    • Visits by month
      10.1k
    • Visitors by month
      6.6k
    • Avg Time on site
      15 min
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    5515 Porada Dr
    Melbourne, FL 32940-8420
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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