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    171 Shalimar Ave NW Palm Bay, FL 32907

    For Sale
    $106,000

    LAND - Palm Bay, FL

    Lot size:
    0.50 Acres
    Days on Market:
    300
    Last Refresh:
    Dec 8 at 6:06 am

    Property Features for 171 Shalimar Ave NW

    General Information

    Special listing conditions
    Standard
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Lot size
    0.50 Acres

    Utilities

    Utilities
    Cable Available
    Sewer type
    Septic Tank
    Water source
    Well

    Waterman Real Estate, Inc. (321) 215-2100 [email protected]

    Listing agent Crystal Lynne Jones (321) 215-2100

    Listing date Feb 12, 2025

    MLS# 1036988 Listing URL

    Copyright © 2025 Space Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Palm Bay Land Opportunity

    This offering features two adjacent lots, each measuring 0.23 acres, combining for a total of 0.46 acres. The property is situated one block from the intersection of Jupiter Boulevard and Malabar Road in Palm Bay, Florida. Convenient access to Interstate 95 is available via Palm Bay Road, Malabar Road, and the expanding Heritage Parkway.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Spa & Massage Dental Office Building Supply Auto Repair Shop Hotel & Motel Auto Parts Store Kitchen & Bath Department Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Palm Bay
    County
    Brevard
    State
    Florida
    Longitude
    -80.697724
    Latitude
    28.001644

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    FAQs

    What type of property is this?
    Land - Two side-by-side lots totaling 0.46 acres in Palm Bay.
    Where is this land located?
    The property is located at 171 Shalimar Ave NW Palm Bay, FL.
    What is the asking price?
    The asking price for this property is $106,000.
    What are key features of this property?
    This property features: - Two side-by-side lots totaling .46 acres.; - Convenient access to I-95 via three routes: Palm Bay Rd, Malabar Rd, and Heritage Parkway.; - Located near the intersection of Jupiter Rd and Malabar Rd.
    (321) 215-2100
    Request Owner's contact information
    171 Shalimar Ave NW Palm Bay, FL 32907
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    Palm Bay, FL 32907
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    171 Shalimar Ave NW Palm Bay, FL 32907
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