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    629 Saltwater St Palm Bay, FL 32908

    For Sale
    $39,000

    10,019 sq ft lot, mixed-use potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This 10,019 square foot lot, located at 629 Saltwater Street SW in Palm Bay, Florida (zip code 32908), presents a unique opportunity for commercial and/or residential development. The property is zoned for both commercial and residential uses, offering flexibility for a variety of projects. Situated in a convenient location, it enjoys a quiet, country feel while being just minutes away from essential amenities. A short 8-minute drive takes you to the vibrant Bayside Lakes Commercial Center, home to a Publix supermarket, Dunkin', Walgreens, and various restaurants. For leisure activities, the scenic Majors Golf Club, featuring a championship course, is also nearby. Families will appreciate the proximity to schools, with Bayside High School and Westside Elementary School within a 5-minute commute, and Southwest Middle School a 13-minute drive. Adding to the area's appeal is a local paintball park, offering family-friendly entertainment. The property utilizes well water and a septic system. This versatile lot offers significant potential for investors and developers seeking a prime location in a growing community. The latitude and longitude coordinates are 27.933743 and -80.68952 respectively. The asking price for this exceptional property is $39,000.

    Property Features for 629 Saltwater St

    General Information

    Property type
    Land
    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
    -80.68952
    Latitude
    27.933743

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    FAQs

    What type of property is this?
    Land - 10,019 sq ft lot, mixed-use potential.
    Where is this land located?
    The property is located at 629 Saltwater St Palm Bay, FL.
    What is the asking price?
    The asking price for this property is $39,000.
    Request Owner's contact information
    629 Saltwater 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
    629 Saltwater St Palm Bay, FL 32908
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