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    2108 Alwar Ave Palm Bay, FL 32908

    For Sale
    $33,000

    10,019 sq ft lot, dual zoning potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 10,019 square foot lot, located at 2108 Alwar Avenue SW in Palm Bay, Florida, presents a unique investment opportunity. Zoned for both commercial and residential use, this property offers significant flexibility for developers or investors. The quiet setting provides extra privacy, enhanced by a rear drainage canal. The property's convenient location offers easy access to a variety of amenities. Just seven minutes away lies the Bayside Lakes District, home to a Publix supermarket, Dunkin', Walgreens, restaurants, and medical services. Families will appreciate the proximity to Bayside High and Westside Elementary schools, both a short six-minute drive. Commuters will benefit from the new South I-95 interchange, only 13 minutes away, and the bustling Malabar Road corridor, less than 15 minutes away, offering a wide array of shopping, dining, and everyday conveniences. The property utilizes well water and a septic system. This versatile land parcel is ready for your vision, offering a blend of tranquility and accessibility in a thriving Florida community. The property is situated in Brevard County, Florida, zip code 32908.

    Property Features for 2108 Alwar Ave

    General Information

    Property type
    Land

    HighLights

    • $33,000 asking price.
    • 10,019 square foot lot.
    • Located at 2108 Alwar Avenue SW, Palm Bay, FL 32908.
    • 7 minutes from Bayside Lakes District with Publix, Dunkin', Walgreens, and restaurants.
    • Short commute to Bayside High and Westside Elementary schools.
    • 13 minutes from I‑95 interchange and under 15 minutes from Malabar Road corridor.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Building Supply Auto Repair Shop Clothing Store Hotel & Motel Travel Agency Carpet & Flooring Store Shoe Repair

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

    Location Insight

    • Map
    • Local Demand
    City
    Palm Bay
    County
    Brevard
    State
    Florida
    Longitude
    -80.69626
    Latitude
    27.946166

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    FAQs

    What type of property is this?
    Land - 10,019 sq ft lot, dual zoning potential.
    Where is this land located?
    The property is located at 2108 Alwar Ave Palm Bay, FL.
    What is the asking price?
    The asking price for this property is $33,000.
    What are key features of this property?
    This property features: $33,000 asking price.; 10,019 square foot lot.; Located at 2108 Alwar Avenue SW, Palm Bay, FL 32908.
    Request Owner's contact information
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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
    2108 Alwar Ave Palm Bay, FL 32908
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