Technical
Financial
Distress signals
Property profile

585 University Blvd Melbourne, FL 32901

OFF-MARKET
Apartment buildings
Property ID
US18-5974171
29,129 SF 1.69 ac lot Built 2022
Entity Owned 3-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 2022
Construction WOOD
Total area 29,129 SF
Lot 1.69 ac (73,616 SF)
APN 28-37-10-00-00766.0-0000.00
UPID US18-5974171

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
  • Housing Complex

Location

585 University Blvd Melbourne, FL 32901-7158
Melbourne metro Census 65124 PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.79M

Owner & transaction history

since 2020
1 recorded transaction
2020
Price N/A

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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