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    1631 Waldrep St Palm Bay, FL 32909

    For Sale
    $89,999

    10,454 sq ft lot, dual residential potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 10,454 square foot commercial and residential land parcel presents a unique investment opportunity in Palm Bay, Florida. Located at 1631 Waldrep Street SE, zip code 32909, this property offers the potential for dual development, ideal for side-by-side residential construction. The lot's generous size provides ample space for building, while its location in a quiet, well-maintained neighborhood ensures peace and privacy. The property benefits from its proximity to key amenities, including Babcock Street, schools, major shopping centers, hospitals, restaurants, churches, and recreational parks. A drainage canal at the rear of the property provides added seclusion. This property is conveniently situated in Brevard County, Florida, at latitude 27.949383 and longitude -80.62485. The asking price for this prime land is $89,999. Don't miss this chance to acquire a versatile property with significant development potential in a desirable location. Act quickly, as properties like this are in high demand and won't remain available for long.

    Property Features for 1631 Waldrep St

    General Information

    Property type
    Land

    HighLights

    • $89,999 asking price for 10,454 sq ft of land.
    • Located at 1631 Waldrep Street SE, Palm Bay, FL 32909.
    • Zoned for Commercial and Residential use.
    • Convenient location near schools, shopping, and major roadways.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Clothing Store Auto Repair Shop Wholesale Shop Accounting Firm Kitchen & Bath Bar & Pub

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

    Location Insight

    • Map
    • Local Demand
    City
    Palm Bay
    County
    Brevard
    State
    Florida
    Longitude
    -80.62485
    Latitude
    27.949383

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    FAQs

    What type of property is this?
    Land - 10,454 sq ft lot, dual residential potential.
    Where is this land located?
    The property is located at 1631 Waldrep St Palm Bay, FL.
    What is the asking price?
    The asking price for this property is $89,999.
    What are key features of this property?
    This property features: $89,999 asking price for 10,454 sq ft of land.; Located at 1631 Waldrep Street SE, Palm Bay, FL 32909.; Zoned for Commercial and Residential use.
    Request Owner's contact information
    1631 Waldrep St 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
    1631 Waldrep St Palm Bay, FL 32909
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