Financial
Distress signals
Property profile

620 New Hvn Ave Melbourne, FL 32901

OFF-MARKET
Drive through restaurants
Property ID
US18-0101878
680 SF 0.28 ac lot Built 1962
Last sale Apr 2021 · $793,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

A mixed-use building totaling 4,443 square feet, configured with five apartments and two retail spaces. The property was historically operated under a combination of gross and NNN-style leasing structures for both residential and commercial areas. Renovations include a roof replacement, fresh interior and exterior paint, installation of impact-rated windows, construction of a new front patio, landscaping improvements, replacement of the parking lot surface, and installation of new air conditioning units.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$4k
Tax billed · 2023
Assessed value$233k
Assessed land$148k
Assessed improvement$85k
Effective rate1.87%

Value estimate

· Sep 2026
$315k
$284k – $347k
AI approach$315k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$382/SF
Submarket average, outlier-cleaned · 63 recorded sales of this use type
Observed band · Q1–Q3$181 – $597

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C2
The provisions of this district are intended to apply to an area intended to be developed and preserved as a major commercial center serv...
General categoryCOMMERCIAL
JurisdictionBREVARD

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply14.6
Realty agency14.2
Storage Facility14.2

Location

620 New Hvn Ave Melbourne, FL 32901-4242
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1900 Municipal, Melbourne, FL 32901-4702 $766,000 May 2025 2,184 SF
665 University, Melbourne, FL 32901-7121 $400,000 Oct 2024 2,040 SF
601 Babcock, Melbourne, FL 32901-1400 $2,400,000 Feb 2024 1,500 SF
1932 Abington, Melbourne, FL 32901-4202 $379,000 Dec 2023 1,764 SF
2637 Hbr City, Melbourne, FL 32901-7207 $395,000 Nov 2023 1,150 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 620 New Hvn Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message