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    2208 Utopia Ave Palm Bay, FL 32908

    For Sale
    $35,000

    Affordable 10,019 SF lot, build your dream!

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 10,019 square foot vacant lot presents a unique investment opportunity in the desirable Palm Bay, Florida area. Located at 2208 Utopia Avenue SW, zip code 32908, this property offers the flexibility to pursue both commercial and residential development. The expansive lot size provides ample space for a variety of projects, catering to diverse needs and visions. Its prime location within Brevard County, Florida, ensures convenient access to local amenities, transportation routes, and a thriving community. The asking price of $35,000 makes this an attractive proposition for developers and investors seeking a cost-effective entry point into the Florida real estate market. The property's zoning allows for both commercial and residential uses, opening up a wide range of possibilities. Buyers are encouraged to conduct their own due diligence to determine the suitability of the land for their specific project. This is a rare opportunity to acquire a sizable lot in a growing area, ideal for those seeking to build their own home or develop a commercial venture. The property is conveniently located and easily accessible, making it an attractive option for a variety of uses. Don't miss this chance to secure this versatile and affordable land parcel.

    Property Features for 2208 Utopia Ave

    General Information

    Property type
    Land

    HighLights

    • 10,019 SF vacant lot in desirable Palm Bay, FL (32908).
    • Located at 2208 Utopia Avenue SW.
    • Zoned for commercial and residential use.
    • Asking price: $35,000.
    • Convenient access to amenities and transportation.
    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
    -80.708511
    Latitude
    27.943229

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    FAQs

    What type of property is this?
    Land - Affordable 10,019 SF lot, build your dream!
    Where is this land located?
    The property is located at 2208 Utopia Ave Palm Bay, FL.
    What is the asking price?
    The asking price for this property is $35,000.
    What are key features of this property?
    This property features: 10,019 SF vacant lot in desirable Palm Bay, FL (32908).; Located at 2208 Utopia Avenue SW.; Zoned for commercial and residential use.
    Request Owner's contact information
    2208 Utopia 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
    2208 Utopia Ave Palm Bay, FL 32908
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