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    1495 Absaroka Ln Malabar, FL 32950

    For Sale
    $165,000

    1.5-acre lot, gated community, Florida retreat.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 1.5-acre commercial and residential lot, located at 1495 Absaroka Lane N in Malabar, Florida (zip code 32950), presents a unique investment opportunity. Priced at $165,000, this property boasts a total area of 65,776 square feet and is situated within a newly established, gated community. The land has been recently cleared, and a quote for additional clearing is available upon request. The community features custom homes, each situated on at least one acre, creating a serene and private atmosphere. Enjoy the abundant Florida wildlife, including sandhill cranes, deer, white egrets, and blue herons. Conveniently located minutes from I-95 and US-1, this property offers easy access to Palm Bay shopping, the Indian River, and nearby beaches. Its proximity to major employers like DRS, L3 Harris, and Northrop Grumman adds to its appeal. City water and underground utilities are already in place. Building requirements specify a minimum of 2,500 square feet of living area for homes, with two-story homes requiring a minimum of 1,800 square feet on the main level. The community gates are open from 8 am to 6 pm, allowing for convenient access to view this beautiful neighborhood. This is a truly remarkable opportunity to build your dream home or develop a commercial venture in a desirable Florida location.

    Property Features for 1495 Absaroka Ln

    General Information

    Property type
    Land

    HighLights

    • 1.5‑acre commercial/residential lot in Malabar, FL (32950) for $165,000.
    • 65,776 sq ft lot in a gated community with recently cleared land.
    • Minutes from I‑95, US‑1, Palm Bay shopping, Indian River, and beaches.
    • Near major employers (DRS, L3 Harris, Northrop Grumman).
    • City water and underground utilities; minimum 2,500 sq ft home (1,800 sq ft main level for two‑story homes).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Auto Repair Shop Gym & Fitness Department Store Kitchen & Bath Food Market Accounting Firm Garden Center Discount Store Electronics Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Malabar
    County
    Brevard
    State
    Florida
    Longitude
    -80.591737
    Latitude
    28.002234

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    FAQs

    What type of property is this?
    Land - 1.5-acre lot, gated community, Florida retreat.
    Where is this land located?
    The property is located at 1495 Absaroka Ln Malabar, FL.
    What is the asking price?
    The asking price for this property is $165,000.
    What are key features of this property?
    This property features: 1.5-acre commercial/residential lot in Malabar, FL (32950) for $165,000.; 65,776 sq ft lot in a gated community with recently cleared land.; Minutes from I-95, US-1, Palm Bay shopping, Indian River, and beaches.
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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
    1495 Absaroka Ln Malabar, FL 32950
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