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    1383 Machado St Palm Bay, FL 32908

    For Sale
    $35,000

    10,019 SF lot, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 10,019 square foot commercial and residential land parcel presents a unique investment opportunity in the desirable Palm Bay, Florida area. Located at 1383 Machado Street SW, zip code 32908, this undeveloped lot offers significant potential for various uses. Its strategic location provides convenient access to local amenities, including Bayside High School (approximately 3.5 miles away) and the Bayside Lakes shopping center (under 5 miles). The property's zoning allows for both commercial and residential development, providing flexibility for investors seeking diverse project options. This presents a rare chance to acquire undeveloped land in a growing area of Palm Bay, making it an attractive proposition for those looking to build or develop. The lot's size provides ample space for a variety of projects, from small-scale commercial ventures to larger residential developments. The property is situated in Brevard County, Florida, and its coordinates are 27.935768 latitude and -80.711477 longitude. The asking price for this prime piece of land is $35,000. This represents a compelling investment opportunity in a thriving Florida community. Serious inquiries are encouraged.

    Property Features for 1383 Machado St

    General Information

    Property type
    Land
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Palm Bay
    County
    Brevard
    State
    Florida
    Longitude
    -80.711477
    Latitude
    27.935768

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    FAQs

    What type of property is this?
    Land - 10,019 SF lot, prime location.
    Where is this land located?
    The property is located at 1383 Machado St Palm Bay, FL.
    What is the asking price?
    The asking price for this property is $35,000.
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    1383 Machado St 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
    1383 Machado St Palm Bay, FL 32908
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