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    00 Unknown Off Lortie Ave Malabar, FL 32950

    Sponsored
    For Sale
    $150,000

    Prime Commercial/Residential Land, Owner Financing Available

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 59,677 square foot parcel presents a unique investment opportunity in Malabar, Florida. Located off Lortie Avenue, this property offers the potential for diverse development, blending commercial and residential uses. While situated just a short distance from the main road, it's important to note that the adjacent road, though appearing accessible, is not currently listed on the municipality's approved roads. Prospective buyers should contact the municipality to determine the requirements for development and road access. The property's strategic location provides convenient access to essential amenities. A short drive west on Malabar Road leads to a hospital, shopping centers, and I-95, ensuring easy connectivity. To the east, the picturesque Indian River offers stunning waterfront views. This presents a rare chance to create a peaceful country retreat or a thriving commercial venture. The seller is offering owner financing, making this an even more attractive proposition for qualified buyers. The property is located in Brevard County, Florida, with a zip code of 32950. The coordinates are 27.967753 latitude and -80.6062454 longitude. This is a remarkable opportunity to acquire a substantial land parcel in a desirable location with potential for significant return on investment.

    Property Features for 00 Unknown Off Lortie Ave

    General Information

    Property type
    Land

    HighLights

    • $150,000 asking price.
    • 59,677 square foot lot.
    • Located in Malabar, Florida (Brevard County, zip code 32950).
    • Commercial and residential zoning.
    • Owner financing available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Malabar
    County
    Brevard
    State
    Florida
    Longitude
    -80.6062454
    Latitude
    27.967753

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    FAQs

    What type of property is this?
    Land - Prime Commercial/Residential Land, Owner Financing Available
    Where is this land located?
    The property is located at 00 Unknown Off Lortie Ave Malabar, FL.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: $150,000 asking price.; 59,677 square foot lot.; Located in Malabar, Florida (Brevard County, zip code 32950).
    Request Owner's contact information
    00 Unknown Off Lortie Ave 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
    00 Unknown Off Lortie Ave Malabar, FL 32950
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