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    1175 Siboney St Palm Bay, FL 32907

    For Sale
    $44,000

    Buildable Lot, 10,019 sq ft, $44,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 10,019 square foot lot presents a unique opportunity for commercial or residential development in the desirable Port Malabar Unit 14 area of Palm Bay, Florida. Located at 1175 Siboney Street NW, this 0.23-acre parcel offers convenient access to essential amenities and services. Enjoy proximity to Winn Dixie Supermarket (2.5 miles, 6 minutes), McAuliffe Elementary School (2.7 miles, 6 minutes), and Melbourne Airport (10.7 miles, 22 minutes). The beautiful beaches of Indialantic are also within easy reach, just 13.8 miles (30 minutes) away. The property's northwest location within the community provides a tranquil setting while maintaining convenient access to major roadways. Detailed directions are available: From I-95 exit 176, travel west on Palm Bay Road for 0.7 miles, turn left onto Minton Road for 0.2 miles, then right onto Emerson Drive for 1.5 miles. Turn left onto Jupiter Boulevard for 1.7 miles, and finally, turn right onto Siboney Street. The lot is on the right. The asking price for this prime piece of land is $44,000. This is an excellent investment opportunity in a thriving Florida community. The property is zoned for both commercial and residential use, offering flexibility for a variety of development projects. The lot's size and location make it ideal for building a single-family home or a small commercial enterprise.

    Property Features for 1175 Siboney St

    General Information

    Property type
    Land

    HighLights

    • $44,000 asking price for 10,019 SF of land.
    • Located in Palm Bay, FL, in the Port Malabar Unit 14 area.
    • Conveniently located near shopping, schools, and Melbourne Airport.
    • Zoned for commercial and residential use.
    • 0.23‑acre buildable lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Spa & Massage Building Supply Auto Repair Shop Accounting Firm Hotel & Motel Auto Parts Store Kitchen & Bath Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Palm Bay
    County
    Brevard
    State
    Florida
    Longitude
    -80.705523
    Latitude
    28.007056

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    FAQs

    What type of property is this?
    Land - Buildable Lot, 10,019 sq ft, $44,000
    Where is this land located?
    The property is located at 1175 Siboney St Palm Bay, FL.
    What is the asking price?
    The asking price for this property is $44,000.
    What are key features of this property?
    This property features: $44,000 asking price for 10,019 SF of land.; Located in Palm Bay, FL, in the Port Malabar Unit 14 area.; Conveniently located near shopping, schools, and Melbourne Airport.
    Request Owner's contact information
    1175 Siboney 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
    1175 Siboney St Palm Bay, FL 32907
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