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    0000 Unknown Malabar, FL 32950

    For Sale
    $89,000

    1.23 Acres, Build Your Dream!

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 53,579 square foot lot presents a unique opportunity in Malabar, Florida. Zoned for both commercial and residential use, this 1.23-acre parcel offers unparalleled versatility. Imagine building your dream home amidst a luxurious neighborhood where surrounding properties value from $700,000 to over $2 million. The property's tranquil setting is enhanced by its proximity to rivers and beaches, providing a serene escape while remaining conveniently located. A significant advantage is the recent road extension, offering convenient access via two potential connection points: approximately 650 feet to Prosperity Lane or approximately 1,650 feet to Booth Road. The asking price is $89,000, making this a compelling investment in a desirable Florida location. The property is situated in Brevard County, Florida, with a 32950 zip code and precise coordinates available upon request. This is a rare chance to acquire a substantial lot with both commercial and residential potential in a high-value area. Don't miss this opportunity to secure your piece of paradise.

    Property Features for 0000 Unknown

    General Information

    Property type
    Land

    HighLights

    • $89,000 asking price.
    • 1.23‑acre commercial and residential land parcel.
    • Located in Malabar, FL, Brevard County, zip code 32950.
    • 53,579 square foot lot size.
    • Minutes from rivers and beaches.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Malabar
    County
    Brevard
    State
    Florida
    Longitude
    -80.5771737
    Latitude
    27.9873577

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    FAQs

    What type of property is this?
    Land - 1.23 Acres, Build Your Dream!
    Where is this land located?
    The property is located at 0000 Unknown Malabar, FL.
    What is the asking price?
    The asking price for this property is $89,000.
    What are key features of this property?
    This property features: $89,000 asking price.; 1.23-acre commercial and residential land parcel.; Located in Malabar, FL, Brevard County, zip code 32950.
    Request Owner's contact information
    0000 Unknown Malabar, FL 32950
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    Malabar, FL 32950
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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
    0000 Unknown Malabar, FL 32950
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