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    834 Sailboat St Palm Bay, FL 32908

    For Sale
    $45,000

    10,019 SF Lot, $45,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 10,019 square foot commercial and residential lot presents a unique investment opportunity in the rapidly growing South Palm Bay, Florida area. Located at 834 Sailboat Street SW, Palm Bay, FL 32908, this property offers a blank canvas for development, combining the tranquility of a peaceful neighborhood with the convenience of proximity to shopping, schools, and major roadways. The lot is situated in a quiet, private setting, yet is less than five miles from various amenities. Future development plans in the area include road paving (Phase 5 scheduled) and the construction of St. Johns Heritage Pkwy and Emerald Lakes (a new town), promising even greater convenience and accessibility to shopping, restaurants, and other services. This prime location offers the best of both worlds: a serene environment with easy access to a vibrant community. The asking price for this versatile property is $45,000. Buyers are encouraged to conduct their own due diligence and verify all information. GPS coordinates are available for easy location identification.

    Property Features for 834 Sailboat St

    General Information

    Property type
    Land

    HighLights

    • 10,019 SF commercial/residential lot in South Palm Bay, FL.
    • Located at 834 Sailboat Street SW, Palm Bay, FL 32908.
    • Quiet neighborhood near shopping, schools, and major roadways.
    • Future development includes road paving and new town construction.
    • Asking price: $45,000.
    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
    -80.693786
    Latitude
    27.934092

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    FAQs

    What type of property is this?
    Land - 10,019 SF Lot, $45,000
    Where is this land located?
    The property is located at 834 Sailboat St Palm Bay, FL.
    What is the asking price?
    The asking price for this property is $45,000.
    What are key features of this property?
    This property features: 10,019 SF commercial/residential lot in South Palm Bay, FL.; Located at 834 Sailboat Street SW, Palm Bay, FL 32908.; Quiet neighborhood near shopping, schools, and major roadways.
    Request Owner's contact information
    834 Sailboat 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
    834 Sailboat St Palm Bay, FL 32908
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