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    1958 New York Ave Palm Bay, FL 32908

    For Sale
    $55,000

    10,019 SF Buildable Lot, $55K

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 10,019 square foot commercial lot presents a remarkable opportunity in Palm Bay, Florida. Located at 1958 New York Avenue SW, in the desirable Port Malabar Unit 49, this 0.23-acre parcel is ideally situated for immediate development. Its southwest location offers convenient access to schools, shopping centers, and essential amenities, ensuring high visibility and strong potential for a variety of commercial ventures. The property's zoning (not specified in provided information) should be verified with the city of Palm Bay to determine permitted uses. The asking price is $55,000, representing a compelling investment in a thriving Florida community. This buildable lot is ready for your vision, offering a blank canvas to create a successful commercial enterprise. The property's address is precisely 1958 New York Avenue, Palm Bay, FL 32908, within Brevard County. Its geographical coordinates are latitude 27.950012 and longitude -80.690614. Serious inquiries are encouraged to explore the possibilities this prime commercial land offers. Act quickly, as opportunities like this are rare.

    Property Features for 1958 New York Ave

    General Information

    Property type
    Land

    HighLights

    • 10,019 SF commercial lot in Palm Bay, FL, priced at $55,000.
    • Located at 1958 New York Avenue SW, Port Malabar Unit 49, Palm Bay, FL 32908.
    • 0.23‑acre parcel ready for immediate development.
    • Convenient access to schools, shopping, and amenities.
    • Zoning verification required with the City of Palm Bay.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Building Supply Auto Repair Shop Clothing Store Gym & Fitness Hotel & Motel Kitchen & Bath Travel Agency Bed & Breakfast Plumbing Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Palm Bay
    County
    Brevard
    State
    Florida
    Longitude
    -80.690614
    Latitude
    27.950012

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    FAQs

    What type of property is this?
    Land - 10,019 SF Buildable Lot, $55K
    Where is this land located?
    The property is located at 1958 New York Ave Palm Bay, FL.
    What is the asking price?
    The asking price for this property is $55,000.
    What are key features of this property?
    This property features: 10,019 SF commercial lot in Palm Bay, FL, priced at $55,000.; Located at 1958 New York Avenue SW, Port Malabar Unit 49, Palm Bay, FL 32908.; 0.23-acre parcel ready for immediate development.
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    1958 New York Ave 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
    1958 New York Ave Palm Bay, FL 32908
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