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    1056 Welco St Palm Bay, FL 32909

    For Sale
    $39,900

    0.23-acre lot, prime location, build your dream home.

    Property size:
    10,019 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 0.23-acre vacant land parcel presents a unique opportunity for building your dream home in desirable Palm Bay, Florida. Located at 1056 Welco Street SE, this 10,019 square foot lot is situated in a peaceful neighborhood that offers a tranquil lifestyle while maintaining convenient access to essential amenities. The property's prime location provides easy access to shopping centers and major highways, ensuring a seamless blend of serene living and urban convenience. This is an ideal location for those seeking a peaceful residential setting without sacrificing proximity to everyday necessities. The asking price for this remarkable property is $39,900. Whether you envision a forever home or a lucrative investment opportunity, this vacant land in Palm Bay offers exceptional potential. Don't miss the chance to secure this prime piece of real estate and create something truly special. The property is located in Brevard County, Florida, zip code 32909. Coordinates are 27.944805 latitude and -80.640856 longitude.

    Property Features for 1056 Welco St

    General Information

    Property type
    Land
    Square Feet
    10,019 SF
    Lot Size
    10,019 SF

    HighLights

    • $39,900 asking price.
    • 0.23‑acre vacant land parcel.
    • 10,019 square feet.
    • Located at 1056 Welco Street SE, Palm Bay, FL 32909.
    • Excellent investment opportunity in a quiet neighborhood with convenient access to shopping and highways.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Building Supply Clothing Store Auto Repair Shop Wholesale Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Palm Bay
    County
    12009
    State
    Florida
    Longitude
    -80.640856
    Latitude
    27.944805

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    FAQs

    What type of property is this?
    Land - 0.23-acre lot, prime location, build your dream home.
    Where is this land located?
    The property is located at 1056 Welco St Palm Bay, FL.
    What is the asking price?
    The asking price for this property is $39,900.
    What are key features of this property?
    This property features: $39,900 asking price.; 0.23-acre vacant land parcel.; 10,019 square feet.
    Request Owner's contact information
    1056 Welco St Palm Bay, FL 32909
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    Palm Bay, FL 32909
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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
    1056 Welco St Palm Bay, FL 32909
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