701 New Haven Ave E, Melbourne

Usage

Mixed use - store and office or store and residential or residential combination

Address:

701 New Haven Ave E
203
Melbourne
FL 32901

Property Size:467 sq ft
Acreage:0.26
Year Built:1964
Property Class:B3
Latitude:28.078
Longitude:-80.609

Not Offered for Sale

This property is not currently for sale by Visulate but we may be able to find something similar. Contact us for details.

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Visulate is a real estate brokerage based in Merrit Island, Florida. We have assembled a database with details of every property in Florida. Finding the property on our site does not necessarily mean it is for sale or rent at this time.

Contact us if you want to buy or sell real estate in Melbourne:

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Estimated Value: 701 New Haven Ave E

Market Data

In 2013 class A mixed use - store and office or store and residential or residential combination properties in Melbourne sold for $172.93 to 172.93 per sq ft with a median price per sq ft of $172.93. Class B properties sold for $35.72 to 172.92 per sq ft with a median of $35.71 and class C properties sold for $35.71 to 35.71 per sq ft with a median of $35.71.

Market Valuation

701 New Haven Ave E appears to be a B Class property. Suggested value: $16,677

HighMedianLow
Value80,754 16,677 16,681

Income Valuation - Triple Net Lease

Visulate estimates the income value of this property is $73,129. Details of how we produced this estimate value appear below:

The following table shows a income valuation estimate for 701 New Haven Ave E. Download a spreadsheet or click on the Estimate Cashflow link to change its estimates and assumptions. Alternatively, click on the Save button to upload a copy of the spreadsheet to Google Drive.

Net lease values for maintenance, property tax, utilities and insurance shown below are calculated as a percentage of the full amount based on the vacancy percentage.

Amount
Monthly Rent533
Annual Rent per Sq Ft13.70
Gross Annual Rent6,398
Vacancies and Bad Debt7%
Vacancies and Bad Debt Amount461
Maintenance17
HOA, Utilities and CAM0
Property Taxes531
Insurance33
Management Fees237
NOI5,119
Cap Rate7
Estimated Value73,129
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Brevard County, Florida

Brevard County is in East Central Florida. The main cities in Brevard County are Palm Bay (population 103,190), Melbourne (population 76,068) and Titusville (population 43,761)


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Local Household Income

The median household income in this part of Florida is $67,279. The bottom 10% of the population earn less than $24,030 per year. The top 10% earn more than $152,735 per year. The top 1% earn more than $513,532 per year. Most renters earn between $30,756 (20th percentile) and $53,772 (80th percentile) per year.

Source: US Census American Community Survey - 2007-2011 ACS 5-year PUMS estimates

Local Rents

The median monthly rent in this part of Florida is $880. Most renters earn between $2,563 and $4,481 per month. They typically spend 32% of their monthly income on rent. Most rents fall in the $615 (20th percentile) to $1,188 (80th percentile) range. The residential vacancy rate is 10%.

Links

  1. 701 New Haven Ave E, Melbourne, FL on Google Maps
  2. Melbourne, FL Property Values on Trulia
  3. Search for EPA and DEP Cleanup Sites

Documents

  1. 701 New Haven Ave E Building Footprint

Buildings

BuildingYear BuiltSizeUsageFeatures
Building 1 1964 8,877.00 Mixed Use- Commercial Property Stucco Exterior, Painted Exterior, Masonry Concete Frame, Bu-Tg/Mmbrn Roof, Asph/Asb Shngl Roof, Wood Truss Roof, Bar Joist Rigid Roof, Car Port,

Owner Details

Companies near this Address

  1. Jhp Properties, LLC (720 E New Haven Ave)
  2. Reactive Networking Forensics, Inc. (720 E New Haven Avenue #10)
  3. Staley Realty, Inc. (720 Enew Haven Ave#4)
  4. Brevard Intergroup, Inc. (720 E New Haven Ave)
  5. Brevard Geriatrics, LLC (720 E New Haven Ave)
  6. Brevard County Medical Directors Association, Inc. (720 E New Haven Ave)
  7. The Brevard County Medical Society, Inc. (720 East New Haven Ave)
  8. Elvatanza LLC (720 E New Haven Ave Ste-6)
  9. Ronald R. Winn, C.P.A.,P.A. (2103 Grant Pl)
  10. Future Problem Solving Program International, Inc. (2015 Grant Pl)
  11. Great Lakes Logistics, "L.L.C." (2004 Grant Pl)
  12. Wny Logistics, "L.L.C." (2004 Grant Pl)
  13. Nye Logistics "L.L.C." (2004 Grant Pl)
  14. Lazy T'S, LLC (2004 Grant Pl)
  15. Tarpon Logistics Group, LLC (2004 Grant Pl)
  16. Express One, LLC (2004 Grant Pl)
  17. Univenture, Inc. (2004 Grant Pl)
  18. Manatee Management & Marketing, Inc. (2004 Grant Pl)
  19. John H. Potomski, Jr., D.O., P.A. (720 East New Haven Ave)
  20. 705 Mainstreet LLC (705 E New Haven Ave)
  21. E & D Mainstreet Corp (705 E New Haven Ave)
  22. Msp Management Corp (705 E New Haven Ave)
  23. Nine Oaks, Inc. (701 E New Haven Ave)
  24. Downtown Melbourne Hospitality Association Inc (705 East New Haven Ave)
  25. Digital Ink, LLC (720 E New Haven Ave)
  26. A.S.C. Of Brevard, Inc. (719 E New Haven Ave)
  27. Nava Gallery Enterprise, LLC (701 E New Haven Ave)
  28. A-Advanced Hearing Care, Inc. (720 E New Haven Ave #12)
  29. Grace Church Melbourne, Inc. (702 E New Have Ave)
  30. Barmor Alliance Condominium Association, Inc. (730 E Strawridge Ave)
  31. Lawyers Real Estate Brokerage, Inc. (730 E Strawbridge Ave Ste 200)
  32. Law Offices Of Tracy Hauck, P.A. (730 East Strawbridge Ave)
  33. Snm, L.L.C. (730 E Strawbridge Ave)
  34. Attorneys Real Estate Brokerage, Inc. (730 East Strawbridge Ave)
  35. Marc Alfant, D.D.S., M.M.Sc., P.A. (729 E Strawbridge Ave)
  36. Barmor Investments, Inc. (730 E Strawbridge Ave)
  37. Tom D. Waldron, P.A. (730 E Strawbridge Ave)
  38. Morgan & Barbary, P.A. (730 E Strawbridge Ave)
  39. Reel Widgets, L.L.C. (730 E Strawbridge Ave)
  40. Richard A. Whittington, P.A. (730 E Strawbridge Ave)
  41. Continental Shale Corporation (730 E Strawbridge Ave)
  42. Whittington Energy Co. (730 E Strawbridge Ave)
  43. Florida Real Estate Opportunity Fund, LLC (730 E Strawbridge Avenue Suite 200)
  44. Lawyers Real Estate, P.A. (730 E Strawbridge Avenue Suite 200)
  45. Attorneys Real Estate, P.A. (730 E Strawbridge Avenue Suite 200)
  46. Keep It Business Cards, Inc. (730 E Strawbridge Ave)
  47. Alfred J. Theis, D.D.S., P.A. (640 East New Haven Ave)
  48. Boskind Development Inc (630 E New Haven Ave)
Disclaimers and Disclosures

Public Records Data

The information on this page was compiled from public records. It is deemed reliable but not guaranteed to be an accurate snapshot of the property details at the time the snapshot was taken. All information should be independently verified.

The Visulate site was produced from data and information compiled from recorded documents and/or outside public and private sources. Visulate is not the custodian of public records and does not assume responsibility for errors or omissions in the data it displays or for its misuse by any individual.

In the event of either error or omission, Visulate and any 3rd party data provider shall be held harmless from any damages arising from the use of records displayed on the site.