2250 CoastalWest Melbourne, FL 32904

  • Turn key restaurants
  • 15,197 SF
Off market
$20,738,870 Estimated

Property Details for 2250 Coastal

Year built
2011
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
2.07 AC
Property size (Sq ft)
15,197 SF
Zone code
TU-2
Property type
Turn key restaurants
APN
28-36-03-VM-000G1.0-0000.00
APU
283603VM000G10000000

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,608,800
    6.5%
    $4,254,280
    7%
    $3,950,400
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,481,840
    Geo Method
    $2,481,840
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $8,107,100
    Mixed-Use / Specialty
    $4,315,550
    Hospitality / Lodging
    $3,265,690
    Office
    $4,369,520
    Institutional / Educational
    $4,513,750
    Residential Income
    $5,281,080
    Multifamily
    $5,910,100
    Automotive / Energy
    $3,868,920
    Parking / Income-Based Land
    $1,259,600
    Restaurant / Food Service
    $2,407,670
    Healthcare / Senior Housing
    $4,347,130

Location Insight

City
West Melbourne
County
Brevard
State
Florida
Latitude
28.0774
Longitude
-80.7042
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
$29,016
$722,570
$1,155,090
$1,877,660
-
$722,570
$1,155,090
$1,877,660

FAQs

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