411 OceanMelbourne Beach, FL 32951

  • Office properties
  • 1,601 SF
Off market
$228,310 Estimated

Property Details for 411 Ocean

Year built
1951
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.21 AC
Property size (Sq ft)
1,601 SF
Zone code
8B
Property type
Office properties
Property subtype
Office buildings
APN
28-38-07-FY-00002.0-0007.00
APU
283807FY000020000700

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $440,019
    6.5%
    $406,172
    7%
    $377,159
  • Comparable approach

    Method
    Valuation
    Relative Method
    $251,405
    Geo Method
    $251,405
  • Alternative Use

    Use
    Valuation
    Residential
    $503,653
    Hospitality
    $461,343
    Educational
    $383,832
    Medical
    $397,033
    Retail
    $597,072
411 Ocean, Melbourne Beach, Florida

Location Insight

City
Melbourne Beach
County
Brevard
State
Florida
Latitude
28.0681
Longitude
-80.5618
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
$3,674
$130,500
$97,810
$228,310
-
$130,500
$97,810
$228,310

FAQs

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