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    8576 Horseshoe Ave Palm Bay, FL 32909

    For Sale
    $159,000

    2.53-acre lot, equestrian community

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This 110,207 square foot commercial and residential land parcel is located at 8576 Horseshoe Avenue, Palm Bay, Florida, 32909. Priced at $159,000, this 2.53-acre lot is situated in the desirable Deer Run community of South Brevard County. The property is zoned Agricultural (AU), allowing for one horse per acre. A drainage right-of-way easement canal is located at the rear of the property. Deer Run offers numerous community amenities, including tennis courts and a clubhouse/recreation room. Homes in the community have a minimum of 2,100 square feet of under-air living space. The property enjoys convenient access to major roadways, being approximately 8 miles from the Indian River and US Highway #1, and within a 20-minute drive of a Walmart Supercenter and Publix. An existing home is located directly across the street. Directions from I-95 Exit 173 include traveling east on Malabar Road (NE or SE), turning right onto S. Babcock Street, then south for 8.6 miles. Turn right onto Deer Run Road (.3 miles), right onto Cavalier Street (2.3 miles), left onto Buckskin Street (.6 miles), and finally right onto Horseshoe Avenue. The lot is on the left.

    Property Features for 8576 Horseshoe Ave

    General Information

    Property type
    Land

    HighLights

    • 2.53‑acre lot in desirable Deer Run community of Palm Bay, FL.
    • Zoned Agricultural (AU), allowing one horse per acre.
    • $159,000 asking price.
    • 110,207 square foot parcel located at 8576 Horseshoe Avenue, Palm Bay, FL 32909.
    • Convenient access to major roadways, including US‑1 and I‑95.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant

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

    Location Insight

    • Map
    • Local Demand
    City
    Palm Bay
    County
    Brevard
    State
    Florida
    Longitude
    -80.671468
    Latitude
    27.869503

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    FAQs

    What type of property is this?
    Land - 2.53-acre lot, equestrian community
    Where is this land located?
    The property is located at 8576 Horseshoe Ave Palm Bay, FL.
    What is the asking price?
    The asking price for this property is $159,000.
    What are key features of this property?
    This property features: 2.53-acre lot in desirable Deer Run community of Palm Bay, FL.; Zoned Agricultural (AU), allowing one horse per acre.; $159,000 asking price.
    Request Owner's contact information
    8576 Horseshoe Ave Palm Bay, FL 32909
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    Palm Bay, FL 32909
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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
    8576 Horseshoe Ave Palm Bay, FL 32909
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