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    691 Geddes St Palm Bay, FL 32908

    For Sale
    $49,777

    Oversized lot, ideal for commercial/residential development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 12,632 square foot lot, located at 691 Geddes Street SW in Palm Bay, Florida, presents a unique opportunity for discerning investors and developers. Zoned for both commercial and residential use, this .29-acre parcel offers unparalleled flexibility. Its prime location in Southwest Palm Bay provides easy access to a wealth of amenities, including Bayside's highly-rated schools, vibrant shopping centers, and the prestigious Major's golf course. Enjoy the convenience of being just a short drive from the beautiful beaches of Florida's Space Coast, approximately 30 minutes away. For those seeking Orlando's attractions, the property is conveniently located within an hour's drive. The property's versatility allows for a wide range of development possibilities, from constructing a single-family residence to developing a small-scale commercial venture. The asking price for this remarkable property is $49,777. Don't miss this chance to acquire a piece of desirable Palm Bay real estate. The property is situated in Brevard County, Florida, with a zip code of 32908. Its coordinates are 27.980057 latitude and -80.689604 longitude. Act quickly, as this opportunity won't last long.

    Property Features for 691 Geddes St

    General Information

    Property type
    Land
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Spa & Massage Building Supply Clothing Store Auto Repair Shop Kitchen & Bath Department Store HVAC Service Garden Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Palm Bay
    County
    Brevard
    State
    Florida
    Longitude
    -80.689604
    Latitude
    27.980057

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    FAQs

    What type of property is this?
    Land - Oversized lot, ideal for commercial/residential development.
    Where is this land located?
    The property is located at 691 Geddes St Palm Bay, FL.
    What is the asking price?
    The asking price for this property is $49,777.
    Request Owner's contact information
    691 Geddes St Palm Bay, FL 32908
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    Palm Bay, FL 32908
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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
    691 Geddes St Palm Bay, FL 32908
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