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    1573 Fogarty St Palm Bay, FL 32908

    For Sale
    $30,000

    0.23-acre lot, commercial/residential potential. No utilities.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This 10,019 square foot lot presents a unique investment opportunity in Palm Bay, Florida. Located at 1573 Fogarty Street SW, this 0.23-acre parcel is zoned for both commercial and residential use. Currently, the property lacks utilities and the City of Palm Bay has no plans for future utility installation in this area, rendering it unsuitable for immediate construction. Road access is available. The seller has limited knowledge of the property and offers no warranties beyond title. The property's location offers proximity to local schools, being approximately three miles from Bayside High and Westside Elementary Schools. Directions from I-95 Exit 176 involve traveling west on Palm Bay Road, turning left onto Minton Road, then south for 3.3 miles. A left turn onto DeGroodt Road SW, followed by a right onto JA Bombardier Boulevard, leads to a westward journey of two miles. Finally, turn right onto Wingham Drive SW, left onto Angora, and left onto Fogarty Street SW

    Property Features for 1573 Fogarty St

    General Information

    Property type
    Land

    HighLights

    • 10,019 SF lot in Palm Bay, FL.
    • 0.23‑acre parcel zoned for commercial and residential use.
    • Lacks utilities; no city plans for future utility installation.
    • Road access available.
    • Seller offers no warranties beyond title.
    • Near Bayside High and Westside Elementary Schools (approx. 3 miles).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Building Supply Auto Repair Shop Clothing Store Hotel & Motel Kitchen & Bath Travel Agency Bed & Breakfast Plumbing Service Carpet & Flooring Store Shoe Repair

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

    Location Insight

    • Map
    • Local Demand
    City
    Palm Bay
    County
    Brevard
    State
    Florida
    Longitude
    -80.716497
    Latitude
    27.953885

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    FAQs

    What type of property is this?
    Land - 0.23-acre lot, commercial/residential potential. No utilities.
    Where is this land located?
    The property is located at 1573 Fogarty St Palm Bay, FL.
    What is the asking price?
    The asking price for this property is $30,000.
    What are key features of this property?
    This property features: 10,019 SF lot in Palm Bay, FL.; 0.23-acre parcel zoned for commercial and residential use.; Lacks utilities; no city plans for future utility installation.
    Request Owner's contact information
    1573 Fogarty 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
    1573 Fogarty St Palm Bay, FL 32908
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