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    Xxx Castanada St Palm Bay, FL 32907

    Sponsored
    For Sale
    $170,000

    1.13-Acre Lot, City Subdivision Approved

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 49,223 square foot commercial and residential land parcel presents a unique investment opportunity in Palm Bay, Florida. Located at Xxx Castanada Street NW, zip code 32907, this 1.13-acre lot boasts city approval for subdivision, unlocking significant potential for developers and investors. The property's flexible zoning allows for the creation of a customized project tailored to meet current market demands. The approved subdivision plan offers the distinct advantage of dividing and selling individual parcels, maximizing profitability and return on investment. Situated in Brevard County, this prime location offers easy access to local amenities and infrastructure. The property's large size provides ample space for a variety of development projects, from residential homes to commercial ventures. This is a rare opportunity to acquire a sizable, strategically located lot with pre-approved subdivision plans, making it an attractive proposition for those seeking a high-return investment in the thriving Palm Bay real estate market. The asking price for this exceptional property is $170,000. Detailed plans and specifications are available upon request. Don't miss this chance to capitalize on this promising investment opportunity.

    Property Features for 0 Xxx Castanada St

    General Information

    Property type
    Land

    HighLights

    • 1.13‑acre commercial and residential land parcel in Palm Bay, FL (32907), located at Xxx Castanada Street NW.
    • City‑approved subdivision plan allows for maximizing ROI by selling individual parcels.
    • Flexible zoning permits diverse development projects, from residential to commercial.
    • Prime Brevard County location offers convenient access to amenities and infrastructure.
    • 49,223 square foot lot offers ample space for various development options.
    • Asking price: $170,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Palm Bay
    County
    Brevard
    State
    Florida
    Longitude
    -80.6918265
    Latitude
    28.0027178

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    FAQs

    What type of property is this?
    Land - 1.13-Acre Lot, City Subdivision Approved
    Where is this land located?
    The property is located at Xxx Castanada St Palm Bay, FL.
    What is the asking price?
    The asking price for this property is $170,000.
    What are key features of this property?
    This property features: 1.13-acre commercial and residential land parcel in Palm Bay, FL (32907), located at Xxx Castanada Street NW.; City-approved subdivision plan allows for maximizing ROI by selling individual parcels.; Flexible zoning permits diverse development projects, from residential to commercial.
    Request Owner's contact information
    Xxx Castanada St Palm Bay, FL 32907
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    Palm Bay, FL 32907
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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
    Xxx Castanada St Palm Bay, FL 32907
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