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6150 Highway 1
About This Property
Outdoor enthusiasts will appreciate the property's close proximity to the scenic Indian River Lagoon, nearby public boat ramps, fishing, parks, nature preserves, and waterfront recreation. The area also offers convenient access to shopping, dining, schools, medical facilities, and major transportation routes, blending country-style living with modern conveniences.
Properties offering this combination of acreage, extensive Highway 1 frontage, exceptional visibility, and versatile development potential are increasingly difficult to find. Whether you're an investor, entrepreneur, developer, or someone looking to create a one-of-a-kind homestead, 6150 Highway 1 represents a rare opportunity to bring your vision to life in one of Brevard County's growing communities.
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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 |
|---|---|---|---|
| Jun 30, 2026 | Listed by LoKation | $1,000,000 | |
| Listed by LoKation | |||
| Apr 25, 2021 | No longer available | - | |
| No longer available | |||
| Aug 20, 2020 | Relisted | $374,999 | |
| Relisted | |||
| Jul 25, 2020 | In contract | - | |
| In contract | |||
| May 5, 2020 | Listed | $374,999 | |
| Listed | |||
| | |||
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Direct US Highway 1 frontageAvailable Utilities, electric, well and septic.
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About Grant-Valkaria
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$5,500 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017