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FOR LEASE
Strip malls
660 E Eau Gallie Blvd Indian Harbour Beach, FL 32937
Entity Owned
25-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-6174670
For Lease
1 / 22
$2,716/Mo
660 E Eau Gallie Blvd, Indian Harbour Beach, FL 32937
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Property summary
AI-generated overview
This exceptional turnkey retail business opportunity is located at 660 E Eau Gallie Boulevard in Satellite Beach, Florida, zip code 32937. The property, built in 2014, boasts a substantial 70,567.2 square foot lot. The sale price of $40,000 includes all equipment, furniture, and supplies, making this a seamless transition for a new owner. Currently operating as a successful nails/beauty salon, this established business offers immediate income potential. The single-unit property is situated in the vibrant Indian Harbour Beach area, providing excellent visibility and access to a thriving customer base. This is a business sale only; the real estate is not included in this offering. The property's prime location and established clientele make this an attractive investment for entrepreneurs seeking a profitable and established business. Detailed financial information is available upon request. This is a rare opportunity to acquire a well-established, income-producing business in a desirable coastal location. Don't miss out on this chance to own a thriving enterprise.
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2014
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
14,504 SF
Lot
1.62 ac (70,567 SF)
Zoning code
B1
APN
27-37-13-00-00258.1-0000.00
UPID
US18-6174670
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
$1.43M
Blend (final)
Blend
$1.92M
Owner & transaction history
Eag Gallie Development INC · 25 yrs held
Eag Gallie Development INC
since 2001
1 recorded transaction
Zoning & alternative use
B1 · Indian Harbour Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$3.2M
+59.7%
Retail stores
$2.5M
+25.3%
Medical building
$2.3M
+16.9%
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 Indian Harbour Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Indian Harbour Beach 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,985,000
Current use
OFFICE BUILDING
$3,170,000
Change: +60% · Conversion: Moderate
RETAIL STORES
$2,490,000
Change: +25% · Conversion: Easy
MEDICAL BUILDING
$2,320,000
Change: +17% · Conversion: Difficult
Blend value · Realmo final
$1.92M
Range $1.72M – $2.11M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$132 / 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
$36,894
Tax year 2023
Assessed value
$2,100,730
Assessed 2023
Previous assessed
$2,003,220
+4.9% YoY
Effective rate
1.76%
On assessed value
Assessed land
$987,940
Assessed improvement
$1,112,790
Land market value
$987,940
Improvement market value
$1,112,790
Total market value
$2,100,730
Applied tax rate
42.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
For Lease
Year built
2014
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
NONE
Stories
1
Units
10
Total area
14,504 SF
Lot
1.62 ac (70,567 SF)
Zoning code
B1
APN
27-37-13-00-00258.1-0000.00
UPID
US18-6174670
Jurisdiction
BREVARD
Zoning & alternative use
B1 · Indian Harbour Beach, FL
Zoning B1 · permitted uses
B1 · Indian Harbour Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Indian Harbour Beach. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$2.0M
OFFICE BUILDING
Est. value
$3.2M
RETAIL STORES
Est. value
$2.5M
MEDICAL BUILDING
Est. value
$2.3M
NEIGHBORHOOD: SHOPPING CENTER Current
OFFICE BUILDING
RETAIL STORES
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2014
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Units
10
Lot
1.62 ac
Current owner
From public records · entity-resolved
Eag Gallie Development INC
Entity
Mailing address
7827 N WICKHAM RD STE C, MELBOURNE, FL 32940-8289
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2001
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
Jun 5, 2001
$1,415,900
Eag Gallie Development INC
Holloway,john W
Grant Deed
$1,560,000 · Bank Brevard
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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