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    3119 Hempvine Ave Palm Bay, FL 32908

    • Specialty properties
    For Sale
    View listing
    $20,500
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Specialty properties

    Property Details for 3119 Hempvine Ave

    Property type
    Specialty properties

    Description

    This exceptional investment opportunity presents a 0.46-acre lot situated in Port Malabar Unit 51, Palm Bay, Florida, at 3119 Hempvine Ave SW, zip code 32908. Currently listed at $20,500, this property offers significant future potential despite its current limitations. The lot boasts convenient road access

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Palm Bay
    County
    Brevard
    State
    Florida
    Longitude
    -80.704
    Latitude
    27.9169

    Comparable in this City

    • Value Estimation by Request

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      256 SF

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      750 Osmosis Dr

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      2710 Widmer Ave

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      757 Sandlewood St

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      1903 Kaufman Ave

      Land
      1903 Kaufman Ave, Palm Bay, FL 32908
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      Palm Bay Investment Land - $20,500

      Prime 0.46-acre lot, potential rezoning.
      3119 Hempvine Ave, Palm Bay, FL 32908
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      Palm Bay Commercial/Residential Land

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    Similar Nearby for Lease

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    3119 Hempvine Ave
    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
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