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    1069 Rouse Cir Palm Bay, FL 32908

    For Sale
    Contact for pricing

    0.23-acre lot, future development potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    Exceptional opportunity to acquire a 10,018.8 square foot vacant lot located at 1069 Rouse Circle SW, Palm Bay, Florida, 32908. This commercially and residentially zoned property presents a compelling investment prospect in the Port Malabar Unit #51 area. Currently unimproved, the land offers significant long-term potential. While road access is available, it's important to note that city utilities are not yet installed, rendering the lot currently unbuildable. This factor contributes to its attractive price point of $15,000. Prospective buyers should conduct thorough due diligence to assess future development possibilities. The property's location offers convenient access to a variety of attractions, promising both recreational and investment appeal. This 0.23-acre parcel represents a strategic investment in the growth and future development of Palm Bay. The buyer is responsible for all due diligence related to the property's development potential and compliance with all applicable regulations. This is a unique opportunity to secure a piece of land in a rapidly developing area.

    Property Features for 1069 Rouse Cir

    General Information

    Property type
    Land

    HighLights

    • $15,000 asking price.
    • 10,018.8 sq ft lot size.
    • Located at 1069 Rouse Circle SW, Palm Bay, FL 32908.
    • Vacant commercial and residential land.
    • Road access; utilities not yet installed; currently unbuildable.
    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
    -80.703457
    Latitude
    27.913829

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    FAQs

    What type of property is this?
    Land - 0.23-acre lot, future development potential.
    Where is this land located?
    The property is located at 1069 Rouse Cir Palm Bay, FL.
    What is the asking price?
    The asking price for this property is $15,000.
    What are key features of this property?
    This property features: $15,000 asking price.; 10,018.8 sq ft lot size.; Located at 1069 Rouse Circle SW, Palm Bay, FL 32908.
    Request Owner's contact information
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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
    1069 Rouse Cir Palm Bay, FL 32908
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