3200 Cor Lot On Hainsworth Ave Palm Bay, FL 32909
This exceptional 12,197 square foot lot presents a unique investment opportunity in Palm Bay, Florida. Zoned for both commercial and residential development, this versatile property offers significant potential. Situated on a highly visible corner lot at 3200 Hainsworth Avenue SE, this parcel boasts convenient access to key amenities. It's a mere 7-minute drive to Westside Elementary School and an 8-minute drive to a Publix Supermarket, ensuring a strong local presence. Commuters will appreciate the proximity to Melbourne Airport (30-minute drive) and the beaches of Indialantic (32-minute drive). The property's location within Port Malabar Unit 25 provides a desirable residential setting while also offering commercial development potential. Detailed driving directions are available: From I-95 exit 173, travel west on Malabar Road for 0.2 miles, turn left onto San Filippo Drive for 6.3 miles, then left onto Lowry Boulevard for 0.5 miles. Turn right onto Hallmark Street for 0.1 mile to Hainsworth Avenue; the lot will be on the left at the southwest corner of Hallmark and Hainsworth. This is an ideal location for a variety of uses, making it an attractive proposition for both developers and investors seeking a strategic foothold in a growing Florida market. The asking price is $65,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.