1765 New Haven AveMelbourne, FL 32904

  • Commercial land
  • 1,170 SF

Property Details for 1765 New Haven Ave

Year built
1959
Lot size
0.28 AC
Property size (Sq ft)
1,170 SF
Zone code
C2
Property type
Commercial land
APN
28-37-05-00-00503.0-0000.00
APU
9223372036854775807

Description

This exceptional 17.43-acre commercial property in Brevard County, Florida, presents a remarkable development opportunity. Located at 1765 W New Haven Ave, Melbourne, FL 32904 (APN 28-37-05-00-503), this C-1 zoned land boasts a highly desirable location directly across from the Melbourne Mall, only 0.35 miles from the Melbourne Airport, and a short 5-minute drive to the beaches. The property's strategic position within the New Haven Corridor capitalizes on the significant population growth and housing shortage impacting the region. While currently zoned for commercial use, preliminary discussions with city planners suggest potential flexibility for mixed-use or multi-family developments, aligning with Melbourne's strong demand for diverse development projects. The Space Coast's robust economy, characterized by low operating costs, attractive incentives, and a skilled workforce, further enhances the investment potential. This area is recognized for its high concentration of high-tech industries and strong wage growth, making it an ideal location for various commercial ventures. This is a rare opportunity to acquire a substantial parcel of land in a thriving Florida market. Don't miss this chance to secure a prime piece of the Space Coast's future.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $368,066
    Hospitality
    $337,146
    Educational
    $280,502
    Medical
    $290,149
    Retail
    $436,336

Location Insight

City
West Melbourne
County
Brevard
State
Florida
Latitude
28.0773
Longitude
-80.6498
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
$170
$12,600
-
$12,600
-
$12,600
-
$12,600

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