1051 New HvnWest Melbourne, FL 32904

  • Retail properties
  • 5,474 SF
Off market
$10,419,460 Estimated

Property Details for 1051 New Hvn

Year built
2006
Construction
WOOD
Lot size
1.04 AC
Property size (Sq ft)
5,474 SF
Zone code
C2
Property type
Retail properties
Property subtype
Banks
APN
28-37-05-79-0000A.7-0000.00
APU
283705790000A7000000

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,211,578
    6.5%
    $2,041,457
    7%
    $1,895,639
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,166,147
    Geo Method
    $2,166,147
  • Alternative Use

    Use
    Valuation
    Residential
    $1,722,046
    Hospitality
    $1,577,384
    Educational
    $1,312,365
    Medical
    $1,357,500
    Retail
    $2,041,457
1051 New Hvn, West Melbourne, Florida

Location Insight

City
West Melbourne
County
Brevard
State
Florida
Latitude
28.0781
Longitude
-80.639
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
$13,913
$543,360
$419,150
$962,510
-
$543,360
$419,150
$962,510

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