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Map
4010 Miami Avenue
About This Property
Enjoy the perfect blend of privacy and convenience, with easy access to I-95, shopping, dining, top-rated schools, and just a short drive to the beaches. Vacant land in this area is disappearing fast-act now before it's gone!
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 9, 2026 | Sold | ||
| Sold | |||
| Feb 27, 2026 | In contract | - | |
| In contract | |||
| Feb 2, 2026 | Price Decreased |
$135,000
↓ $5K
(3.6%) | |
| Price Decreased | |||
| Dec 30, 2025 | Listed by Real Broker LLC | $140,000 | |
| Listed by Real Broker LLC | |||
| | |||
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Discover the perfect opportunity to build in the heart of West Melbourne! This vacant lot at 4010 Miami Avenue offers a blank canvas for your vision, whether you're looking to build a custom home or invest in a growing area. The property has recently been mowed, making it easy to walk and visualize your plans.. Conveniently located near shopping, dining, schools, and major roadways, this property combines accessibility with the freedom of designing exactly what you want.
Situated in an established neighborhood, the lot provides easy access to everyday amenities while still offering a sense of privacy and potential. With utilities nearby and no existing structures, this parcel is ready for development and allows you to start fresh without the cost of demolition.
Don't miss this rare chance to own land in a desirable Melbourne location—bring your builder, your plans, and your imagination, and turn this property into something special!
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| Nov 17, 2025 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017