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    1607 Talavera St Palm Bay, FL 32909

    For Sale
    $63,900

    .27-acre lot, build your dream home

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional .27-acre (11,761.2 sq ft) commercial and residential lot is situated in a desirable Southeast Palm Bay neighborhood at 1607 Talavera SE, Palm Bay, FL 32909. Priced at $63,900, this spacious corner lot presents a unique opportunity to build a new home without the added expense of HOA or CDD fees. The property boasts convenient access to Babcock Street and I-95, ensuring easy commutes and proximity to everyday amenities. A newly constructed Publix Plaza, Dollar General, Ace Hardware, and various other shops and schools are located nearby, making this an attractive option for families and individuals. The area is experiencing significant growth in new construction, indicating strong investment potential. The lot's legal description is PORT MALABAR UNIT 16 LOTS 1 BLK 781, with a parcel ID of 29-37-16-GP-781-1, which will be split at closing. City water and septic are available. Don't miss this chance to build in a thriving community – similar properties are in high demand.

    Property Features for 1607 Talavera St

    General Information

    Property type
    Land
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Wholesale 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
    -80.6263827
    Latitude
    27.9680904

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    FAQs

    What type of property is this?
    Land - .27-acre lot, build your dream home
    Where is this land located?
    The property is located at 1607 Talavera St Palm Bay, FL.
    What is the asking price?
    The asking price for this property is $63,900.
    Request Owner's contact information
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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
    1607 Talavera St Palm Bay, FL 32909
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