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    1039 Hooper Ave Palm Bay, FL 32905

    For Sale
    $79,900

    10,019 SF lot, ready to build.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 10,019 square foot commercial and residential lot is ideally situated in Northeast Palm Bay, Florida, at 1039 Hooper Avenue NE, zip code 32905. The property boasts convenient access to a wealth of amenities, including nearby hospitals, shopping centers, churches, and schools. Its location within a well-established neighborhood offers the benefit of existing sidewalks and infrastructure. City water and sewer services are readily available. The lot has already undergone surveying and clearing in September 2024, streamlining the development process. A 1200 square foot homestead plan is on file, accompanied by a pre-existing agreement with Native Homes for construction at an estimated cost of $200,000. This presents a unique opportunity for developers or investors seeking a prime location for either commercial or residential construction in a thriving Palm Bay community. The asking price for this exceptional property is $79,900. Don't miss this chance to acquire a ready-to-build lot in a highly desirable area.

    Property Features for 1039 Hooper Ave

    General Information

    Property type
    Land

    HighLights

    • 10,019 SF commercial/residential lot in Northeast Palm Bay, FL (32905) at 1039 Hooper Ave NE.
    • Convenient access to amenities (hospitals, shopping, schools).
    • Existing infrastructure (sidewalks, city water/sewer).
    • Surveyed and cleared September 2024.
    • 1200 SF homestead plan available; pre‑construction agreement with Native Homes (~$200,000).
    • $79,900 asking price.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Palm Bay
    County
    Brevard
    State
    Florida
    Longitude
    -80.626315
    Latitude
    28.02401

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    FAQs

    What type of property is this?
    Land - 10,019 SF lot, ready to build.
    Where is this land located?
    The property is located at 1039 Hooper Ave Palm Bay, FL.
    What is the asking price?
    The asking price for this property is $79,900.
    What are key features of this property?
    This property features: 10,019 SF commercial/residential lot in Northeast Palm Bay, FL (32905) at 1039 Hooper Ave NE.; Convenient access to amenities (hospitals, shopping, schools).; Existing infrastructure (sidewalks, city water/sewer).
    Request Owner's contact information
    1039 Hooper Ave Palm Bay, FL 32905
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    Palm Bay, FL 32905
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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
    1039 Hooper Ave Palm Bay, FL 32905
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