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    792 Ontario St Palm Bay, FL 32907

    For Sale
    $56,900

    Two lots, canal frontage, no HOA.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional Palm Bay property offers two adjacent lots totaling 10,018.8 square feet (approximately 0.23 acres each), presenting a unique opportunity for residential or commercial development. Located at 792 Ontario Street NW, Palm Bay, FL 32907, this property boasts desirable canal frontage, ensuring privacy with no rear neighbors. The absence of a homeowner's association (HOA) provides flexibility and freedom in development plans. Buyers have the option to purchase either lot individually or both together, creating a combined parcel of nearly half an acre. The property's convenient location offers easy access to essential amenities. Grocery stores, restaurants, and schools are just a 10-minute drive away, while the beautiful beaches of Florida's coast are a short 30-minute drive. The asking price for both lots is $56,900. This is an excellent opportunity to build your dream home or explore commercial possibilities in a desirable Florida location. Drive by and envision the potential!

    Property Features for 792 Ontario St

    General Information

    Property type
    Land

    HighLights

    • $56,900 asking price.
    • 10,018.8 sq ft lot size.
    • Located at 792 Ontario Street NW, Palm Bay, FL 32907.
    • Commercial and residential zoning.
    • Two adjacent lots available, totaling nearly half an acre, with canal frontage and no HOA.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Dental Office Hair Salon Clothing Store Building Supply Auto Repair Shop Kitchen & Bath Hotel & Motel Department 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
    -80.692845
    Latitude
    28.006593

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    FAQs

    What type of property is this?
    Land - Two lots, canal frontage, no HOA.
    Where is this land located?
    The property is located at 792 Ontario St Palm Bay, FL.
    What is the asking price?
    The asking price for this property is $56,900.
    What are key features of this property?
    This property features: $56,900 asking price.; 10,018.8 sq ft lot size.; Located at 792 Ontario Street NW, Palm Bay, FL 32907.
    Request Owner's contact information
    792 Ontario St 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
    792 Ontario St Palm Bay, FL 32907
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