Listing Agency: RE/MAX Elite

Listed By: Lina Alvarez

Source: Crexi

Added: Jun 27, 2024 Changed: Aug 23 Last Checked: Aug 23 at 2:38AM

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Investment Insights

Based on property information with market context.

This vacant land lot is located in the area known as "The Compound." It is suitable as a long-term future investment or for recreational activities. Many owners use these lots to ride ATVs, run dogs, fly kites, or play sports. The property is a short drive to the Bayside Lakes Commercial Center, The Majors Golf Course, Bayside High, and Westside Elementary. Please note that this area is not buildable at this time as the infrastructure was never completed. No utilities are available.

Key Highlights

• Opportunity for recreational use (ATVs, dogs, kites, sports).
• Potential long‑term investment opportunity.
• Close proximity to Bayside Lakes Commercial Center.

Property Analytics

Property Profile

Current Use

Land

Suggested Use

Top Pick Auto Repair Shop Plumbing Service (Bike/Boat/Book/etc) Store Building Supply Carpet & Flooring Store Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

11

Businesses Nearby

Explore this area Business Placement

Demographics for 32908, FL

14,420

Population

5,140

Households

2.8

Avg Household Size

37

Median Age

21%

College-Educated

89%

High-School Grad

19.2 sq mi

ZIP Area

751

Density / Sq Mi

$66,589

Median Household Income

$40,503

Median Earnings

$1,822

Median Rent

$265,500

Median Home Value

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Frequently Asked Questions

What type of property is this?

Land - Vacant land lot ideal for recreational use and future investment.

Where is this land located?

The property is located at 1512 Kerman Street SW Palm Bay, FL.

What are key features of this property?

This property features: Opportunity for recreational use (ATVs, dogs, kites, sports).; Potential long‑term investment opportunity.; Close proximity to Bayside Lakes Commercial Center.