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Property profile & analytics
OFF-MARKET
Commercial real estate

7308 Stuart Ave Melbourne Beach, FL 32951

Property ID
US18-0640911
Property summary
AI-generated overview

This exceptional 7,405 square foot commercial and residential lot presents a unique opportunity in the desirable Sunnyland Beach community of Melbourne Beach, Florida. Located on a dead-end street, this cleared lot offers the convenience of city water and a remarkably low annual HOA fee of just $50. Enjoy the benefits of nearby deeded/gated beach access, providing easy access to the pristine coastline. For fishing enthusiasts, Sebastian Inlet, renowned for its excellent fishing, is a short 7-minute drive south. The property allows for the construction of a building up to three stories high. Included with a full-price offer are complete custom home plans for a stunning two-story residence boasting 2,624 square feet of living space and a two-car garage, totaling 4,436 square feet. Detailed elevations, a basic layout, and a survey are readily available. The property's prime location offers easy walking access to the Aquarina golf course and the South Beach Community Center, enhancing its appeal and value. This is an exceptional opportunity to build your dream home or develop a commercial venture in a highly sought-after coastal location. The property is situated in Brevard County, Florida, with a zip code of 32951.

Property profile
Verified
Property type Commercial real estate
UPID US18-0640911
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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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