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    938 Serenade St Palm Bay, FL 32907

    For Sale
    $45,000

    Commercial/Residential Lot - Excellent Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 10,019 square foot lot, located at 938 Serenade Street NW in Palm Bay, Florida, presents a unique investment opportunity. Zoned for both commercial and residential use, this versatile property offers significant potential for a variety of development projects. Its prime location in Brevard County, zip code 32907, provides easy access to a wealth of amenities. Residents and businesses will appreciate the proximity to shopping centers, diverse dining options, schools, churches, and recreational facilities such as golf courses and a library. The property's location within a well-established neighborhood ensures a peaceful and desirable setting. Furthermore, the close proximity to both the police and fire departments provides added peace of mind. The asking price for this remarkable property is $45,000. This represents a compelling opportunity to acquire a substantial parcel of land in a thriving Florida community. The property's versatility, combined with its convenient location and attractive price point, makes it an ideal investment for both residential and commercial developers. Don't miss this chance to secure a piece of Palm Bay's promising future. The coordinates are 28.012401 latitude and -80.697841 longitude.

    Property Features for 938 Serenade St

    General Information

    Property type
    Land

    HighLights

    • $45,000 asking price for 10,019 sq ft lot.
    • 10,019 square foot lot in Palm Bay, Florida.
    • Located in Palm Bay, Brevard County, FL 32907.
    • Commercial and residential zoning.
    • Convenient location near shopping, dining, schools, and other amenities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Auto Repair Shop Wholesale Shop Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Palm Bay
    County
    Brevard
    State
    Florida
    Longitude
    -80.697841
    Latitude
    28.012401

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    FAQs

    What type of property is this?
    Land - Commercial/Residential Lot - Excellent Location
    Where is this land located?
    The property is located at 938 Serenade St Palm Bay, FL.
    What is the asking price?
    The asking price for this property is $45,000.
    What are key features of this property?
    This property features: $45,000 asking price for 10,019 sq ft lot.; 10,019 square foot lot in Palm Bay, Florida.; Located in Palm Bay, Brevard County, FL 32907.
    Request Owner's contact information
    938 Serenade 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
    938 Serenade St Palm Bay, FL 32907
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