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Property profile

1187 Hutchins St Palm Bay, FL 32909

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional 13,068 square foot lot presents a unique investment opportunity in Palm Bay, Florida. Located at 1187 Hutchins Street SE, 32909, this property is zoned for both commercial and residential use, offering incredible flexibility for developers or investors. Situated in Brevard County, the land enjoys a desirable location within an established neighborhood characterized by attractive homes, providing a peaceful setting while maintaining convenient proximity to local amenities such as shopping centers and restaurants. The property's size allows for a variety of development possibilities, catering to diverse project visions. Its quiet street location adds to its appeal, offering a tranquil environment for future residents or businesses. The asking price of $55,000 makes this a highly competitive offering in the current market. This versatile lot is ideal for those seeking to build a new home or establish a commercial venture in a thriving Florida community. The latitude and longitude coordinates are 27.9807651, -80.6388567, respectively, for precise location identification. This is a rare chance to acquire a substantial parcel of land in a prime location, presenting significant potential for future growth and return on investment. Don't miss this chance to secure this valuable asset.

Property profile

Verified
Property type Land

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1187 Hutchins St Palm Bay, FL 32909
Palm Bay metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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