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    579 Fountain St Palm Bay, FL 32908

    For Sale
    $43,000

    10,019 sq ft lot, prime location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This 10,019 square foot commercial and residential land parcel in Palm Bay, Florida, presents a unique investment opportunity. Located at 579 Fountain Street SW, zip code 32908, this property boasts convenient access to local amenities and major transportation routes. It's just five minutes from Westside Elementary and Bayside High schools, and a short drive to Southwest Middle School. The Bayside Lakes District, with its shops, businesses, and restaurants, is only nine minutes away. For even more options, bustling Malabar Road, offering a wide array of stores, restaurants, and medical services, along with access to I-95, is a twelve-minute drive. The new I-95 South Interchange is a thirteen-minute trip. The property benefits from freshly paved roads and enjoys ample sunshine. The rear drainage canal provides added privacy. Building requirements in this area mandate a minimum of 1,800 square feet of under-air living space, contributing to strong property values. The site utilizes well water and a septic system. This versatile lot offers significant potential for various commercial and residential developments. The asking price is $43,000.

    Property Features for 579 Fountain St

    General Information

    Property type
    Land

    HighLights

    • $43,000 asking price.
    • 10,019 sq ft lot.
    • Commercial and residential zoning.
    • Located at 579 Fountain Street SW, Palm Bay, FL 32908.
    • Minutes from schools and Bayside Lakes District amenities.
    • Close proximity to I‑95.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Building Supply Hair Salon Clothing Store Hotel & Motel Pharmacy Kitchen & Bath Garden Center Barber Shop Assisted Living Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Palm Bay
    County
    Brevard
    State
    Florida
    Longitude
    -80.68735
    Latitude
    27.926029

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    FAQs

    What type of property is this?
    Land - 10,019 sq ft lot, prime location
    Where is this land located?
    The property is located at 579 Fountain St Palm Bay, FL.
    What is the asking price?
    The asking price for this property is $43,000.
    What are key features of this property?
    This property features: $43,000 asking price.; 10,019 sq ft lot.; Commercial and residential zoning.
    Request Owner's contact information
    579 Fountain 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
    579 Fountain St Palm Bay, FL 32908
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