1106 W New Haven Avenue, West Melbourne, FL 32904

$1,950,000

Virtual Tour

https://www.propertypanorama.com/instaview/spc/1026404

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: 8/25/2026

Overview

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.

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

Listing Office: SouthTrend Realty

Last Updated: August - 25 - 2026

Information is deemed to be reliable, but is not guaranteed.