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    1286 San Matio St Palm Bay, FL 32909

    For Sale
    $60,000

    $60,000 - 10,019 sq ft lot

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 10,019 square foot lot presents a unique dual-use opportunity in Palm Bay, Florida. Zoned for both commercial and residential development, this 0.23-acre parcel offers significant potential for investors and developers alike. Its prime location in Port Malabar Unit 17 provides convenient access to essential amenities and services. A short 6-minute drive takes you to a Publix supermarket, while Columbia Elementary School is just a 5-minute drive away. For those needing air travel, Melbourne Airport is approximately a 28-minute drive (11.9 miles), and the beautiful beaches of Indialantic are a 28-minute drive (16.6 miles) away. The property's address is 1286 San Matio Street SE, Palm Bay, FL 32909, situated in Brevard County. Detailed driving directions are available: From I-95 exit 173, travel west on Malabar Road for 0.2 miles, turn left onto San Filippo Drive for 3.9 miles, then right onto Sandusky Street for 0.4 miles, followed by a right onto Sandia Road for 0.1 mile, and finally, a left onto San Matio Street. The lot will be on your left. This versatile property offers a compelling investment opportunity in a desirable location. Don't miss this chance to acquire a valuable piece of land with significant upside potential.

    Property Features for 1286 San Matio St

    General Information

    Property type
    Land

    HighLights

    • $60,000 asking price.
    • 10,019 square foot lot.
    • Located in Palm Bay, FL.
    • Commercial and residential zoning.
    • 0.23‑acre buildable lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Spa & Massage Hair Salon Building Supply Clothing Store Auto Repair Shop Wholesale Shop Skin Care Clinic Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Palm Bay
    County
    Brevard
    State
    Florida
    Longitude
    -80.634661
    Latitude
    27.947575

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    FAQs

    What type of property is this?
    Land - $60,000 - 10,019 sq ft lot
    Where is this land located?
    The property is located at 1286 San Matio St Palm Bay, FL.
    What is the asking price?
    The asking price for this property is $60,000.
    What are key features of this property?
    This property features: $60,000 asking price.; 10,019 square foot lot.; Located in Palm Bay, FL.
    Request Owner's contact information
    1286 San Matio St Palm Bay, FL 32909
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    Palm Bay, FL 32909
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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
    1286 San Matio St Palm Bay, FL 32909
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