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    196 Wisteria Ave Palm Bay, FL 32907

    For Sale
    $50,000

    .29-acre wooded lot, ideal for residential or commercial development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional .29-acre (12,632 sq ft) lot presents a unique opportunity in Palm Bay, Florida. Situated at the end of a cul-de-sac on Wisteria Avenue NW, this corner lot offers a tranquil setting with the convenience of nearby amenities. The property is zoned for both commercial and residential use, providing flexibility for a variety of development projects. Its wooded character provides a peaceful atmosphere, perfect for creating a private oasis. The location is highly desirable, offering proximity to Heritage High School, parks, and everyday conveniences. Imagine building your dream home or developing a small commercial venture in this serene neighborhood, just minutes from the heart of Palm Bay. The lot's size and location make it an attractive investment, ready for immediate development. The asking price is $50,000. The property is located in Brevard County, Florida, zip code 32907. Coordinates are 28.001412 latitude and -80.723692 longitude. This is a rare opportunity to acquire a versatile property in a sought-after location.

    Property Features for 196 Wisteria Ave

    General Information

    Property type
    Land
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Hair Salon Building Supply Auto Repair Shop Gym & Fitness Accounting Firm Auto Parts Store Department Store Grocery 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
    -80.723692
    Latitude
    28.001412

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    FAQs

    What type of property is this?
    Land - .29-acre wooded lot, ideal for residential or commercial development.
    Where is this land located?
    The property is located at 196 Wisteria Ave Palm Bay, FL.
    What is the asking price?
    The asking price for this property is $50,000.
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    196 Wisteria Ave 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
    196 Wisteria Ave Palm Bay, FL 32907
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