1106 W New Haven Avenue, West Melbourne, FL 32904
$1,950,000
Property Type:
Commercial Sale
Baths:
10
Square Footage:
11,400
Lot Size (sq. ft.):
43,996
Status:
Closed
Current Price:
$1,950,000
List Date:
10/03/2024
Last Modified:
12/09/2024
Description
This sales includes two buildings which are as follows: 1106-1112 New Haven Ave - Retail - 5,700 sf - 4 units - built in 1991 and 51 Carolina St - Retail / Office - 5,700 sf - 4 units - built in 2009
Currently 3,700 sf is vacant in the New Haven building which can be split into two tenancies. This space was previously occupied by the property owner. The property is located in a high traffic& exposure location with lighted signage on New Haven.
**Proforma Net Operating Income: $142,842
** Includes vacant 3,700 sf leased at $18.00/sf gross.
**Stable tenancy
**High visibility location
**Ideal for owner to use the vacant 3,700 sf and earn cash flow on the remaining property.
More Information MLS# 1026404
Location, Tax, and Legal
Tax Account: 2819865
Parcel Number: 28-37-05-01-0000d.0-0018.00
General County Location: South
Tax Annual Amount: 21500
Tax Year: 2022
Tax Legal Description: WESTERWOLD LOTS 18 THRU 25 BLK D EXC R/W
Additional Parcels YN: Yes
Additional Parcels Description: Sale includes 51 Carolina St.
Directions: This property is on the SE corner of West New Haven Ave and Carolina St and is approximately 500 ft west of Dairy Road on New Haven Ave.
General Property Information
Number Of Units Total: 1
Stories Total: 1
Building Area Total: 11400
Building Area Source: Appraiser
Lot Size Acres: 1.01
Accessibility Features YN: No
Association YN: No
Water Body Access YN: No
Waterfront YN: No
Land Lease YN: No
List Price/SqFt: 192.98
Sold Price/SqFt: 171.05
Bathrooms Total: 10
Year Built: 2009
Remarks and Miscellaneous
Public Remarks: This sales includes two buildings which are as follows: 1106-1112 New Haven Ave - Retail - 5,700 sf - 4 units - built in 1991 and 51 Carolina St - Retail / Office - 5,700 sf - 4 units - built in 2009
Currently 3,700 sf is vacant in the New Haven building which can be split into two tenancies. This space was previously occupied by the property owner. The property is located in a high traffic& exposure location with lighted signage on New Haven.
**Proforma Net Operating Income: $142,842
** Includes vacant 3,700 sf leased at $18.00/sf gross.
**Stable tenancy
**High visibility location
**Ideal for owner to use the vacant 3,700 sf and earn cash flow on the remaining property.
Construction Materials
Block: 1
Frame: 1
Other: 1
Current Use
Commercial: 1
Listing Terms
Cash: 1
Conventional: 1
Lot Features
Other: 1
Parking Features
Unassigned: 1
Roof
Metal: 1
Sewer
Public Sewer: 1
Unit 1 Details
Unit ID: 1
Annual Rent: 1
Unit SqFt: 11400
# Units (This Type): 1
Baths Total: 1
Furnished: Unfurnished
Unit Remarks: 8 units total call for details
Water Source
Public: 1
Building Features
% Air Conditioned or Heated: 100
Ceiling Type
Acoustic: 1
Exposed: 1
Existing Lease Type
Gross: 1
Sale Includes
Building & Land: 1
Contract Information
Current Price: $1,950,000
Original List Price: 2200000
Sold Price: $1,950,000
Status: Closed
Listing Contract Date: 2024-10-03
Property Sub Type: Retail
Location Tax and Legal
Street Number: 1106
Street Direction Prefix: W
Street Name: New Haven
Street Suffix: Avenue
County: Brevard
State: FL
Postal Code: 32904
MLS Area Major: 331 - West Melbourne
Subdivision Name: Westerwold
Status Change Information
Major Change Timestamp: 2024-12-09T15:26:50Z
Major Change Type: Status Change
Status Change Timestamp: 2024-12-09
Purchase Contract Date: 2024-11-06
Close Date: 2024-12-05
Close Price: 1950000
Property Features
Ceiling Type: Acoustic; Exposed
Construction Materials: Block; Frame; Other
Current Use: Commercial
Existing Lease Type: Gross
Listing Terms: Cash; Conventional
Lot Features: Other
Parking Features: Unassigned
Roof: Metal
Sale Includes: Building & Land
Sewer: Public Sewer
Water Source: Public
Listing Office:
SouthTrend Realty
Last Updated: December - 09 - 2024
Information is deemed to be reliable, but is not guaranteed.