961 E Eau Gallie Blvd Indian Harbour Beach, FL 32937
Property profile & analytics
961 E Eau Gallie Blvd Indian Harbour Beach, FL 32937
- Strip malls
- 56,927 SF
- 6.87 lot acres
Property ID
US18-5912704
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.
Location Intelligence
Current Use by Public Records
- Strip malls
Property Details for 961 E Eau Gallie Blvd
- Year built
- 1986
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 6.87 lot acres
- Property size
- 56,927 SF
- Zone code
- CP
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 27-37-13-00-00268.0-0000.00
- APU
- 9223372036854775807
Description
Ocean Springs Shopping Center presents a unique investment opportunity in Brevard County. This single-story, 123,258 square foot, grocery-anchored shopping center boasts a prime location directly across from Melbourne Beach, offering exceptional visibility and accessibility. The center features a Winn-Dixie anchor tenant, ensuring consistent foot traffic and strong consumer draw. A diverse range of co-tenants, including Dollar Tree, Texas Roadhouse, Firehouse Subs, and Sally Beauty, cater to a broad customer base, creating a synergistic retail environment. Currently, one retail space of 1,500 square feet is available, ideal for a variety of businesses. The center's strategic location at the corner of Collins Avenue and E. Eau Gallie Boulevard benefits from high traffic counts, with Collins Avenue boasting 27,000 AADT and Eau Gallie Boulevard registering 24,000 AADT. The surrounding neighborhoods are densely populated, providing a substantial customer base for the center's tenants. The high geographic barriers to entry, due to the beachfront location, further enhance the property's value and long-term potential. This is a rare opportunity to acquire a space within a thriving, well-established shopping center in a highly desirable coastal location. The property's strong tenant mix, high traffic counts, and prime location make it an attractive investment for discerning buyers.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $6,689,000
Market price range: $4.11M - $12.4M -
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $7,795,000 Current use
- MEDICAL BUILDING
- $9,110,000 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
- -80.5838
- Latitude
- 28.1368
- 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
$97,875
$2,094,800
$2,788,060
$4,882,860
-
$2,094,800
$2,788,060
$4,882,860
