701 New Haven Ave E is a 8,857 sq ft Mixed use - store and office or store and residential or residential combination in Melbourne. It was built in 1964. 701 New Haven Ave E sits on 0.26 acres of land. In 2015 similar properties sold for between $435,056 and $1,549,886. We estimate the income value of 701 New Haven Ave E at $887,357. The assumptions we used to calculate this value are include in the spreadsheet linked below. Melbourne is in Brevard County, Florida.

701 New Haven Ave E Property Summary

701 New Haven Ave E
203
Melbourne
FL 32901

Property Size:8,857 sq ft
Acreage:0.26
Year Built:1964
Property Class:B3
Lat, Long: 28.078, -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.

701 New Haven Ave E, Melbourne, FL 32901
Estimated Value: 701 New Haven Ave E

Market Data

In 2015 class A mixed use - store and office or store and residential or residential combination properties in Melbourne sold for $175.00 to 617.28 per sq ft with a median price per sq ft of $269.93. Class B properties sold for $49.12 to 174.99 per sq ft with a median of $85.00 and class C properties sold for $15.15 to 49.11 per sq ft with a median of $38.89.

Market Valuation

701 New Haven Ave E appears to be a B Class property. Suggested value: $752,845

HighMedianLow
Value1,549,886 752,845 435,056

Income Valuation - Residential/Gross Lease

Visulate estimates the income value of this property is $887,357. 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.

Amount
Monthly Rent8,488
Annual Rent per Sq Ft11.50
Gross Annual Rent101,856
Vacancies and Bad Debt15%
Vacancies and Bad Debt Amount15,278
Maintenance4,606
HOA, Utilities and CAM0
Property Taxes7,803
Insurance8,591
Management Fees3,463
NOI62,115
Cap Rate7
Estimated Value887,357
Edit Values and Estimate Cashflow Estimate Cashflow
Save to Google Drive (Google login required)

Page 1 of 2. Click on the Estimate Cashflow link to navigate to Page 2.

Search County Property Tax and Court Records

Select a county from the list then click on the links to connect to the Property Appraiser or Clerk of Courts website

Local Household Income

The median household income in this part of Florida is $65,996. The bottom 10% of the population earn less than $23,217 per year. The top 10% earn more than $150,879 per year. The top 1% earn more than $414,648 per year. Most renters earn between $28,332 (20th percentile) and $50,268 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $131,992 and $164,990.

Source: US Census American Community Survey - 2008-2012 ACS 5-year PUMS estimates

Local Rents

The median monthly rent in this part of Florida is $847. Most renters earn between $2,361 and $4,189 per month. They typically spend 33% of their monthly income on rent. Most rents fall in the $608 (20th percentile) to $1,140 (80th percentile) range. The residential vacancy rate is 8%.

Links

  1. 701 New Haven Ave E, Melbourne, FL on Google Maps
  2. 701 New Haven Ave E Walkscore
  3. Melbourne, FL Property Values on Trulia
  4. 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. Reel Widgets, L.L.C. (730 E Strawbridge Ave)
  2. Florida Real Estate Opportunity Fund, LLC (730 E Strawbridge Avenue Suite 200)
  3. Lawyers Real Estate, P.A. (730 E Strawbridge Avenue Suite 200)
  4. Attorneys Real Estate, P.A. (730 E Strawbridge Avenue Suite 200)
  5. Richard A. Whittington, P.A. (730 E Strawbridge Ave)
  6. Continental Shale Corporation (730 E Strawbridge Ave)
  7. Whittington Energy Co. (730 E Strawbridge Ave)
  8. Law Office Of Sandra E. Valentin, Esq, LLC (730 E Strawbridge Ave)
  9. National Allaice For Innovation In Science, Technology, Engineering, And Mathematics, Inc. (730 E Strawbridge Ave)
  10. Verus Insurance Partners, LLC (730 E Strawbridge Ave)
  11. Verus 413, LLC (730 E Strawbridge Ave)
  12. Your Family Chiropractor, Co. (2100 Waverly Pl)
  13. A & B Mobile Notary L.L.C. (2010 Waverly Pl)
  14. Mother'S House, Inc. (2010 Waverly Pl)
  15. Brevard Intergroup, Inc. (720 E New Haven Ave)
  16. Jhp Properties, LLC (720 E New Haven Ave)
  17. Brevard Geriatrics, LLC (720 E New Haven Ave)
  18. Brevard County Medical Directors Association, Inc. (720 E New Haven Ave)
  19. Elvatanza LLC (720 E New Haven Ave Ste-6)
  20. Mission Hearing, Inc. (720 E New Haven Ave Ste 12)
  21. Karen And Friends, Inc. (724 East New Haven Ave)
  22. Alfred J. Theis, D.D.S., P.A. (640 East New Haven Ave)
  23. Space Coast Nerd Fest LLC (640 E New Haven Ave)
  24. Shaw Medical Group LLC (640 E New Haven Ave)
  25. Boskind Development Inc (630 E New Haven Ave)
  26. Burlingham & Associates, Inc. (640 East New Haven Ave # 434)
  27. Ronald R. Winn, C.P.A.,P.A. (2103 Grant Pl)
  28. Florida Council Of The Federation Of Fly Fishers, Inc. (2103 Grant Pl)
  29. Victoria'S Downtown Beauty Salon LLC (701 E New Haven Ave)
  30. Future Problem Solving Program International, Inc. (2015 Grant Pl)
  31. Center For Creative Learning, LLC (2015 Grant Pl)
  32. Great Lakes Logistics, "L.L.C." (2004 Grant Pl)
  33. Wny Logistics, "L.L.C." (2004 Grant Pl)
  34. Nye Logistics "L.L.C." (2004 Grant Pl)
  35. Tarpon Logistics Group, LLC (2004 Grant Pl)
  36. Express One, LLC (2004 Grant Pl)
  37. Univenture, Inc. (2004 Grant Pl)
  38. Manatee Management & Marketing, Inc. (2004 Grant Pl)
  39. John H. Potomski, Jr., D.O., P.A. (720 East New Haven Ave)
  40. Digital Ink, LLC (720 E New Haven Ave)
  41. 705 Mainstreet LLC (705 E New Haven Ave)
  42. E & D Mainstreet Corp (705 E New Haven Ave)
  43. Msp Management Corp (705 E New Haven Ave)
  44. Downtown Melbourne Hospitality Association Inc (705 East New Haven Ave)
  45. Nine Oaks, Inc. (701 E New Haven Ave)
  46. Nava Gallery Enterprise, LLC (701 E New Haven Ave)
  47. A-Advanced Hearing Care, Inc. (720 E New Haven Ave #12)
  48. A.S.C. Of Brevard, Inc. (719 E New Haven Ave)
  49. Grace Church Melbourne, Inc. (702 E New Have Ave)
  50. Maga International, LLC (716 East New Haven Ave)
  51. The Tipsy Palette LLC (702 E New Haven Ave)
  52. Wireless Dj Inc (701 E New Haven Ave)
  53. Power Of God Empowerment Ministries Inc (1951 Livingston St)
  54. Lawyers Real Estate Brokerage, Inc. (730 E Strawbridge Ave Ste 200)
  55. Law Offices Of Tracy Hauck, P.A. (730 East Strawbridge Ave)
  56. Barmor Alliance Condominium Association, Inc. (730 E Strawridge Ave)
  57. Marc Alfant, D.D.S., M.M.Sc., P.A. (729 E Strawbridge Ave)
  58. Attorneys Real Estate Brokerage, Inc. (730 East Strawbridge Ave)
  59. Barmor Investments, Inc. (730 E Strawbridge Ave)
  60. Tom D. Waldron, P.A. (730 E Strawbridge Ave)
  61. Morgan & Barbary, P.A. (730 E Strawbridge Ave)
  62. Verus Wealth Management, LLC (730 E Strawbridge Ave)
  63. Back House Consulting, LLC (730 E Strawbridge Ave)
  64. A & R Holdings Of Brevard LLC (730 E Strawbridge Ave)
  65. Keep It Business Cards, Inc. (730 E Strawbridge Ave)
  66. Certified General Contractors, Inc. (730 E Strawbridge 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.