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    1341 Laredo St Palm Bay, FL 32908

    For Sale
    Contact for pricing

    0.23-acre vacant lot, needs development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This 10,019 square foot vacant lot, located at 1341 Laredo Street SW in Palm Bay, Florida (zip code 32908), presents a unique investment opportunity. Priced at $25,000, this property is designated for both commercial and residential use, although it is currently not buildable in its as-is condition. No utilities are available on the site. The sellers have disclosed they possess no specific knowledge of the property's history or condition beyond the title. The property is situated in Port Malabar Unit #51. Directions from I-95 exit 176 involve traveling west on Palm Bay Road NE, turning left onto Minton Road, then south for 3.3 miles. A right turn onto Jupiter Boulevard SW, followed by a left onto DeGroodt Road SW for 4.6 miles, is necessary. Finally, turn right onto St. Andre Boulevard for 2.2 miles, left onto Wakow Circle for 0.1 mile, and right onto Laredo Street SW. The lot will be on the right. The property is sold as-is. Buyers are responsible for conducting their own due diligence.

    Property Features for 1341 Laredo St

    General Information

    Property type
    Land

    HighLights

    • $25,000 asking price for a vacant land parcel.
    • 10,019 square foot lot.
    • Located at 1341 Laredo Street SW, Palm Bay, FL 32908.
    • Commercial and residential zoning.
    • Property is currently not buildable and lacks utilities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Building Supply Auto Repair Shop Clothing Store Hotel & Motel Kitchen & Bath Travel Agency Bed & Breakfast Plumbing Service 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
    -80.710446
    Latitude
    27.920995

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    FAQs

    What type of property is this?
    Land - 0.23-acre vacant lot, needs development.
    Where is this land located?
    The property is located at 1341 Laredo St Palm Bay, FL.
    What is the asking price?
    The asking price for this property is $25,000.
    What are key features of this property?
    This property features: $25,000 asking price for a vacant land parcel.; 10,019 square foot lot.; Located at 1341 Laredo Street SW, Palm Bay, FL 32908.
    Request Owner's contact information
    1341 Laredo 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
    1341 Laredo St Palm Bay, FL 32908
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