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    000 Fain Ln Mims, FL 32754

    Sponsored
    For Sale
    $240,000

    5.61 acres, ready to build, no HOA.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 5.61-acre parcel, totaling 244,371.6 square feet, presents a unique opportunity in Mims, Florida. Located in Brevard County, at 000 Fain Lane, zip code 32754 (latitude 28.7303943, longitude -80.8892922), this property boasts stunning waterfront access to a private, 10-acre spring-fed lake. The land has already undergone significant clearing, making it ideal for immediate development. The absence of a homeowner's association (HOA) offers unparalleled freedom and flexibility in design and construction. Enjoy the tranquility of this peaceful setting while benefiting from proximity to the Florida trail system, perfect for walking, running, biking, or horseback riding. This commercial and residential zoned land is priced at $240,000 and presents a compelling investment opportunity for those seeking a waterfront property with significant development potential. Financing options for vacant land are available. Don't miss this chance to own a piece of paradise.

    Property Features for 000 Fain Ln

    General Information

    Property type
    Land

    HighLights

    • 5.61‑acre parcel (244,371.6 sq ft) in Mims, FL.
    • Waterfront access to a private 10‑acre spring‑fed lake.
    • Cleared land ready for immediate development.
    • No HOA.
    • Commercial and residential zoning.
    • $240,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Pharmacy Food Market Grocery Store Car Rental Travel Agency Supermarket Parking Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Mims
    County
    Brevard
    State
    Florida
    Longitude
    -80.8892922
    Latitude
    28.7303943

    Nearby Comparable

    • $189,000
      Pending

      Mims, Florida Lakefront Property

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      5000 Blounts Ridge Rd, Mims, FL 32754
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    • Contact for pricing

      Mims Land: 2.42 Acres, $15k

      Raw Land Investment Opportunity in Mims, FL
      00000 Of Mdws Grn Rd, Mims, FL 32754
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    • $45,000

      Prime Mims Land - $45K

      69,696 sq ft Commercial/Residential Lot
      0000 April Ln, Mims, FL 32754
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    Nearby Similar for Sale

    • $999,000
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      MIMS Mixed-Use Commercial Property

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    FAQs

    What type of property is this?
    Land - 5.61 acres, ready to build, no HOA.
    Where is this land located?
    The property is located at 000 Fain Ln Mims, FL.
    What is the asking price?
    The asking price for this property is $240,000.
    What are key features of this property?
    This property features: 5.61-acre parcel (244,371.6 sq ft) in Mims, FL.; Waterfront access to a private 10-acre spring-fed lake.; Cleared land ready for immediate development.
    Request Owner's contact information
    000 Fain Ln Mims, FL 32754
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    Mims, FL 32754
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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
    000 Fain Ln Mims, FL 32754
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