904 WavecrestIndialantic, FL 32903

  • Apartment buildings
  • 34,360 SF
Off market
$4,570,470 Estimated

Property Details for 904 Wavecrest

Year built
1974
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
1.11 AC
Property size (Sq ft)
34,360 SF
Zone code
T
Property type
Apartment buildings
APN
27-38-31-EO-00040.0-0019.00
APU
273831EO000400001900

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $12,935,400
    6.5%
    $11,940,400
    7%
    $11,087,500
  • Comparable approach

    Method
    Valuation
    Relative Method
    $6,312,790
    Geo Method
    $6,312,790
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $18,329,900
    Retail / Commercial
    $9,618,800
    Mixed-Use / Specialty
    $9,757,330
    Hospitality / Lodging
    $7,383,640
    Office
    $9,879,360
    Institutional / Educational
    $10,205,500
    Multifamily
    $13,362,600
    Automotive / Energy
    $8,747,530
    Parking / Income-Based Land
    $2,847,930
    Restaurant / Food Service
    $5,443,690
    Healthcare / Senior Housing
    $9,828,740

Location Insight

City
Indialantic
County
Brevard
State
Florida
Latitude
28.0859
Longitude
-80.5643
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
$81,485
$437,500
$4,132,970
$4,570,470
-
$437,500
$4,132,970
$4,570,470

FAQs

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