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
Overview
Description
Listing Details MLS# 1026404
General Property Information
- Number Of Units Total
- Yes
- Stories Total
- Yes
- Bathrooms Total
- 10
- Building Area Total
- 11400
- Building Area Source
- Appraiser
- Accessibility Features YN
- No
- Year Built
- 2009
- Lot Size Acres
- 1.01
- Land Lease YN
- No
- Association YN
- No
- Water Body Access YN
- No
- Waterfront YN
- No
- List Price/SqFt
- 192.98
- Sold Price/SqFt
- 171.05
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
Contract Information
- Original List Price
- 2200000
- 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
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.
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
More Information
Building Features
- % Air Conditioned or Heated
- 100
Unit 1 Details
- Unit ID
- Yes
- Annual Rent
- Yes
- Unit SqFt
- 11400
- # Units (This Type)
- Yes
- Furnished
- Unfurnished
- Unit Remarks
- 8 units total call for details
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.
Construction Materials
- Block
- Yes
- Frame
- Yes
- Other
- Yes
Current Use
- Commercial
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
Lot Features
- Other
- Yes
Parking Features
- Unassigned
- Yes
Roof
- Metal
- Yes
Sewer
- Public Sewer
- Yes
Water Source
- Public
- Yes
Ceiling Type
- Acoustic
- Yes
- Exposed
- Yes
Existing Lease Type
- Gross
- Yes
Sale Includes
- Building & Land
- Yes
Listing Office:
SouthTrend Realty
Last Updated: December - 09 - 2024
Information is deemed to be reliable, but is not guaranteed.