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    660 Eau Gallie Blvd Indian Harbour Beach, FL 32937-4256

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    Property profile & analytics

    660 Eau Gallie Blvd Indian Harbour Beach, FL 32937-4256

    View on Map
    • Strip malls
    • 14,504 SF
    • 1.62 lot acres
    Off-Market
    Property ID
    US18-6174670
    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.
    Value Estimations
    $1,915,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Strip malls

    Property Details for 660 Eau Gallie Blvd

    Year built
    2014
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.62 lot acres
    Property size
    14,504 SF
    Zone code
    B1
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    27-37-13-00-00258.1-0000.00
    APU
    9223372036854775807

    Description

    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.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,430,000
      Market price range: $465k - $1.59M

    • 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

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Indian Harbour Beach
    County
    Brevard
    State
    Florida
    Longitude
    -80.589
    Latitude
    28.1391
    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
    $36,894
    $987,940
    $1,112,790
    $2,100,730
    -
    $987,940
    $1,112,790
    $2,100,730

    Comparable in this City

    • Value Estimation by Request
      1,680 SF

      790 Eau Gallie Blvd

      SHOPPING CENTER, STRIP CENTER • 1,680 SF
      790 Eau Gallie Blvd, Indian Harbour Beach, FL 32937-4901
      View Details
    • Value Estimation by Request
      2,439 SF

      1270 Hwy 1st, Unit 102

      SHOPPING CENTER, STRIP CENTER • 2,439 SF
      1270 Hwy 1st, Satellite Beach, FL 32937-2800
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    • Value Estimation
      $1,030,000
      10,653 SF

      1116 Hwy A1a

      SHOPPING CENTER, STRIP CENTER • 10,653 SF
      1116 Hwy A1a, Satellite Beach, FL 32937-2404
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    • Value Estimation by Request
      3,368 SF

      599 Sherwood Ave

      SHOPPING CENTER, STRIP CENTER • 3,368 SF
      599 Sherwood Ave, Satellite Beach, FL 32937-3075
      View Details
    • Value Estimation
      $1,115,000
      10,744 SF

      800 Eau Gallie Blvd

      SHOPPING CENTER, STRIP CENTER • 10,744 SF
      800 Eau Gallie Blvd, Indian Harbour Beach, FL 32937-4903
      View Details
    • Value Estimation
      $2,350,000
      9,891 SF

      300 Eau Gallie Blvd

      SHOPPING CENTER, STRIP CENTER • 9,891 SF
      300 Eau Gallie Blvd, Indian Harbour Beach, FL 32937-4837
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      3,029 SF

      Retail Space in Satellite Beach

      Retail space available in Satellite Beach, Florida.
      1904 S Patrick Dr, Satellite Beach, FL 32937
      View Details
    • $979,000
      4,550 SF

      Mixed-Use 4-Plex in Satellite Beach

      Income-producing 4-plex with residential and commercial units near the beach.
      565 Jackson Ave, Satellite Beach, FL 32937
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    • $885,000
      2,945 SF

      Prime Commercial Land Opportunity

      High-visibility commercial site near Port Canaveral with BU-1 zoning.
      304 Highway A1A, Satellite Beach, FL 32937
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    • $1,495,000
      1.31 Acres

      Indian Harbour Beach Commercial Land

      1.31-acre commercial parcel in Indian Harbour Beach, Florida.
      201 Mediterranean Way, Indian Harbour Beach, FL 32937
      View Details
    • $1,495,000
      1.31 Acres

      Land in Indian Harbour Beach

      1.31-acre parcel suitable for commercial or residential development.
      201 Mediterranean Way, Indian Harbour Beach, FL 32937
      View Details
    • $1,099,000
      2,489 SF

      Turnkey Beachside Multi-Unit Rental

      Profitable, renovated multi-unit short-term rental near the beach.
      105 NE 3 St, Satellite Beach, FL 32937
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      6,000 SF

      Retail Space Near Coastal Activities

      Retail space near beaches with high traffic and local residents.
      243 E Eau Gallie Blvd, Indian Harbour Beach, FL 32937
      View Details
    • Contact for pricing

      Retail Space in Indian Harbour

      Retail spaces available in Indian Harbour Beach shopping center.
      247 East Eau Gallie Blvd, Indian Harbour Beach, FL 32937
      View Details
    • Contact for pricing
      1,906 SF

      Retail Space in Publix-Anchored Center

      Retail space available in a busy, established shopping center.
      204-276 E Eau Gallie Blvd, Indian Harbour Beach, FL 32937
      View Details
    • Contact for pricing
      1,829 SF

      Retail Spaces on Patrick Drive

      Retail spaces available in high-visibility shopping center on Patrick Drive.
      1847 S Patrick Dr, Indian Harbour Beach, FL 32937
      View Details
    • Contact for pricing

      Oceanfront Shopping Center Retail Space

      Retail spaces available in a busy shopping center.
      961 E Eau Gallie Blvd, Indian Harbour Beach, FL 32937
      View Details
    • Contact for pricing

      Satellite Beach Retail/Office Spaces

      Commercial spaces for lease in high-traffic Satellite Beach location.
      1324 Florida A1A, Satellite Beach, FL 32937
      View Details
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    Indian Harbour Beach, FL 32937-4256
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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    660 Eau Gallie Blvd, Indian Harbour Beach, FL, 32937

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