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Property profile & analytics

7211 Waelti Dr Melbourne, FL 32940

  • Shopping centers
  • 1.64 lot acres
Value Estimation
Last Sale
Oct 24, 2024
$360,000
Location Intelligence
Property ID
US18-8203535
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

  • Shopping centers

Property Details for 7211 Waelti Dr

Lot size
1.64 lot acres
Property type
Shopping centers
Property subtype
Specialty properties
APN
26-36-12-DE-00022.0-0001.00
APU
263612DE000220000100

Description

This exceptional 14,000-square-foot Class A office building, constructed in 2024, presents a rare opportunity for a single tenant in the thriving Melbourne, Florida market. Located at 7211 Waelti Drive, this property boasts a prime location in the Suntree/Viera submarket, approximately 15 minutes from the ocean. The building features a modern design with three entries, a convenient garage door, and ample parking for 70 vehicles. High ceilings, ranging from 20 to 24 feet, provide a spacious and versatile interior. The attractive exterior finishes contribute to a professional and welcoming aesthetic. The property sits on a 1.64-acre lot and is zoned BU-1, offering flexibility for a wide range of businesses. This rapidly growing area benefits from its proximity to major employers such as SpaceX, Boeing, Blue Origin, and more, ensuring a strong and stable tenant base. The building's modern design and convenient location make it an ideal choice for businesses seeking a high-quality, efficient workspace in a dynamic and expanding market. Avoid the challenges of older buildings and seize this chance to establish your business in a brand-new, state-of-the-art facility. The property's excellent visibility and convenient access further enhance its appeal.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $360,000
  • CAP approach

    CAP return
    Estimation
    6%
    $250,000
    6.5%
    $270,000
    7%
    $285,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $290,000
    Geo Method
    $245,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $230,000
    Retail
    $300,000
    Mixed-Use
    $275,000
    Hospitality
    $295,000
    Educational
    $240,000
    Residential Income
    $305,000
    Energy
    $290,000
    Income-Based Land
    $270,000
    Food Service
    $280,000

Location Insight

  • Map
  • Local Demand
City
Melbourne
County
Brevard
State
Florida
Longitude
-80.6801
Latitude
28.2317
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
$4,518
$286,130
$15,930
$302,060
-
$286,130
$15,930
$302,060
More about this property
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