1700 Merritt IsMerritt Island, FL 32952

  • Retail properties
  • 13,674 SF
Off market
$20,738,870 Estimated

Property Details for 1700 Merritt Is

Year built
1985
Construction
FRAME
Lot size
2.07 AC
Property size (Sq ft)
13,674 SF
Zone code
BU1
Property type
Retail properties
Property subtype
Other automotive properties
APN
24-37-31-00-00009.0-0000.00
APU
9223372036854775807

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,074,938
    6.5%
    $4,684,558
    7%
    $4,349,946
  • Comparable approach

    Method
    Valuation
    Relative Method
    $5,710,760
    Geo Method
    $5,411,015
  • Alternative Use

    Use
    Valuation
    Residential
    $3,951,600
    Hospitality
    $3,619,644
    Educational
    $3,011,502
    Medical
    $3,115,072
    Retail
    $4,684,558
1700 Merritt Is, Merritt Island, Florida

Location Insight

City
Merritt Island
County
Brevard
State
Florida
Latitude
28.3581
Longitude
-80.6665
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
$16,791
$900,000
$86,230
$986,230
-
$900,000
$86,230
$986,230

FAQs

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