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    3425 Bayside Lake Blvd Palm Bay, FL 32909

    For Sale
    $1,700,000

    1.5-acre commercial lot, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This 1.5-acre commercial land parcel is situated on Bayside Lakes Boulevard SE in Palm Bay, Florida (APN: 29-37-20-26-*-7). Zoned PUD, this property presents a significant investment opportunity. Located in a thriving commercial corridor, it boasts exceptional visibility and accessibility. The site is directly across from a proposed Starbucks, Mavis Tire & Brakes, and Advance Auto Parts, further enhancing its desirability. Existing national tenants in the immediate vicinity include Publix, McDonald's, Dunkin', AutoZone, and Dollar Tree, indicating a strong and established retail presence. High traffic counts of 13,800 vehicles further underscore the site's potential. The surrounding area demonstrates robust demographics, with population densities of 6,702 within one mile, 42,643 within three miles, and 78,936 within five miles. Average household incomes within these radii are $75,195, $69,863, and $69,916 respectively. This property is ideal for national tenants and developers seeking a strategic location in a high-traffic, high-growth area of Palm Bay. The asking price is $1,700,000.

    Property Features for 3425 Bayside Lake Blvd

    General Information

    Property type
    Land
    Lot Size
    65,340 SF

    HighLights

    • 1.5‑acre commercial land parcel in Palm Bay, FL (APN: 29‑37‑20‑26-*-7).
    • PUD zoning allows for significant development opportunities.
    • High‑visibility location in a thriving commercial corridor with excellent accessibility.
    • Across from proposed Starbucks, Mavis Tire & Brakes, and Advance Auto Parts.
    • Strong retail presence nearby, including Publix, McDonald's, Dunkin', AutoZone, and Dollar Tree.
    • High traffic counts of 13,800 vehicles daily.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Palm Bay
    County
    Brevard
    State
    Florida
    Longitude
    -80.654270274574
    Latitude
    27.952824599379

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    FAQs

    What type of property is this?
    Land - 1.5-acre commercial lot, prime location.
    Where is this land located?
    The property is located at 3425 Bayside Lake Blvd Palm Bay, FL.
    What is the asking price?
    The asking price for this property is $1,700,000.
    What are key features of this property?
    This property features: 1.5-acre commercial land parcel in Palm Bay, FL (APN: 29-37-20-26-*-7).; PUD zoning allows for significant development opportunities.; High-visibility location in a thriving commercial corridor with excellent accessibility.
    Request Owner's contact information
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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
    3425 Bayside Lake Blvd Palm Bay, FL 32909
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