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927 E New Haven Ave, Melbourne, FL, 32901

The Flat Iron
$3,522,431

Key Information

Cap Rate
7.15%
$ per SF
$280
Tot. SF
12,576
Units
31
Type
Mixed Use
Occupancy
93.33%
NOI
$251,854

Highlights

• Phenomenal Downtown Location – Positioned in the center of Downtown Melbourne, one of the most desirable and walkable districts on Florida’s Space Coast. The property benefits from strong local traffic, tourism, and surrounding residential growth.
• Strong Retail Tenancy – The building is anchored by established retail and restaurant tenants that drive consistent traffic and create a vibrant atmosphere for the property and surrounding area.
• High-Growth Space Coast Market – Melbourne continues to experience significant economic and population growth fueled by aerospace, technology, and defense employers throughout the Space Coast region, including nearby operations from major industry leaders.
• Attractive Investment Return – The Flat Iron Building offers investors the opportunity to acquire a well-positioned asset with stable income and long-term upside within a rapidly appreciating market.
• Walkable Urban Environment – Steps away from popular restaurants, bars, boutiques, waterfront amenities, and community events that continue to strengthen Downtown Melbourne’s appeal.
• Strong Demographics & Tourism Drivers – The surrounding area benefits from increasing household incomes, population growth, and continued investment throughout Brevard County and the broader Space Coast corridor.

Photos

Location

Agents

Broker of Record

Kyle Matthews

License # BK3554632, CQ1066435 (FL)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203