315 OceanMelbourne Beach, FL 32951

  • Retail properties
  • 2,193 SF
Off market
$527,370 Estimated

Property Details for 315 Ocean

Year built
1959
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.21 AC
Property size (Sq ft)
2,193 SF
Zone code
6B
Property type
Retail properties
Property subtype
Turn key restaurants
APN
28-38-08-FY-00003.0-0005.00
APU
283808FY000030000500

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $886,005
    6.5%
    $817,851
    7%
    $759,433
  • Comparable approach

    Method
    Valuation
    Relative Method
    $867,804
    Geo Method
    $867,804
  • Alternative Use

    Use
    Valuation
    Residential
    $689,888
    Hospitality
    $631,934
    Educational
    $525,761
    Medical
    $543,843
    Retail
    $817,851
315 Ocean, Melbourne Beach, Florida

Location Insight

City
Melbourne Beach
County
Brevard
State
Florida
Latitude
28.0681
Longitude
-80.5598
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
$8,330
$130,500
$396,870
$527,370
-
$130,500
$396,870
$527,370

FAQs

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