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    750 Osmosis Dr Palm Bay, FL 32908

    Sponsored
    For Sale
    $1,750,000

    9-Acre Wedding Venue & Development Land

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Exceptional investment opportunity: a 9-acre (395,089 sq ft) commercial and farm property in Palm Bay, Florida (32908), located at 750 Osmosis Drive. Currently operating as a thriving wedding venue, this property boasts a stunning 5,000+ sq ft barn transformed into an elegant event space, complete with a pavilion and terrace. The barn itself features dedicated office space and bridal suites, enhancing its functionality and appeal. Situated on over 4.5 acres, with an additional 4+ acres available for expansion, the property presents significant development potential. Its convenient location, less than 15 minutes from I-95, provides easy access to Florida's beaches and attractions while retaining a desirable rural atmosphere. Built in 2002, this single-unit property is priced at $1,750,000 and offers numerous possibilities for future development, making it an attractive investment for discerning buyers. All visits must be scheduled in advance.

    Property Features for 750 Osmosis Dr

    General Information

    Property type
    Farms

    Building Details

    Year Built
    2002
    Units
    1

    HighLights

    • Exceptional 9‑acre commercial/farm property in Palm Bay, FL, currently operating as a wedding venue.
    • 5,000+ sq ft barn, converted into an elegant event space with pavilion and terrace, situated on 4.5+ acres with additional acreage for expansion.
    • Barn includes office space and bridal suites.
    • Convenient location, less than 15 minutes from I‑95, offering easy access to beaches and attractions while maintaining a rural feel.
    • Numerous development possibilities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Building Supply Auto Repair Shop Clothing Store Hotel & Motel Gym & Fitness Kitchen & Bath Daycare Center Travel Agency Carpet & Flooring 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
    -80.6903143
    Latitude
    27.9405815

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    FAQs

    What type of property is this?
    Farm - 9-Acre Wedding Venue & Development Land
    Where is this farm located?
    The property is located at 750 Osmosis Dr Palm Bay, FL.
    What is the asking price?
    The asking price for this property is $1,750,000.
    What are key features of this property?
    This property features: Exceptional 9-acre commercial/farm property in Palm Bay, FL, currently operating as a wedding venue.; 5,000+ sq ft barn, converted into an elegant event space with pavilion and terrace, situated on 4.5+ acres with additional acreage for expansion.; Barn includes office space and bridal suites.
    Request Owner's contact information
    750 Osmosis Dr Palm Bay, FL 32908
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    Palm Bay, FL 32908
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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
    750 Osmosis Dr Palm Bay, FL 32908
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