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    827 Lots St Palm Bay, FL 32909

    For Sale
    $99,900

    .47-acre commercial/residential land, Palm Bay, FL

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional .47-acre property in Palm Bay, Florida, presents a unique investment opportunity. Comprising two combined lots totaling 20,473 square feet, this land is ideally situated on a quiet southeastern street. Its prime location offers convenient access to numerous amenities. Just six minutes away is Bill Madden Park, featuring a playground and picnic pavilion. Within eight minutes, you'll find Bayside Lakes Plazas, home to Publix, Walgreens, and various restaurants. The new I-95 interchange is an eight-minute drive south, while the Malabar Road corridor, with its array of stores, restaurants, and medical services, is a thirteen-minute drive north. Schools are within a ten-minute radius. The property utilizes well water and a septic system. The neighborhood boasts newer paved roads, enhancing accessibility and curb appeal. This versatile land parcel is zoned for both commercial and residential use, making it suitable for a variety of development projects. The asking price is $99,900. The property's address is 827 Brookfield Street SE, Palm Bay, FL 32909.

    Property Features for 827 Lots St

    General Information

    Property type
    Land

    HighLights

    • $99,900 asking price.
    • 20,473 square foot lot.
    • Commercial and residential zoning.
    • Located at 827 Brookfield Street SE, Palm Bay, FL 32909.
    • .47‑acre corner lot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Palm Bay
    County
    Brevard
    State
    Florida
    Longitude
    -80.6247475
    Latitude
    27.9636464

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    FAQs

    What type of property is this?
    Land - .47-acre commercial/residential land, Palm Bay, FL
    Where is this land located?
    The property is located at 827 Lots St Palm Bay, FL.
    What is the asking price?
    The asking price for this property is $99,900.
    What are key features of this property?
    This property features: $99,900 asking price.; 20,473 square foot lot.; Commercial and residential zoning.
    Request Owner's contact information
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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
    827 Lots St Palm Bay, FL 32909
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