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OFF-MARKET
Specialty properties

00000 Unknown Palm Bay, FL 32976

Property ID
Property summary
AI-generated overview

This unique 3,484.8 square foot commercial/recreational land parcel in Micco, Florida presents an exceptional investment opportunity. Located in Brevard County, zip code 32976, this property boasts immediate access to both the Indian River and the Atlantic Ocean, offering unparalleled waterfront living and recreational potential. Electricity is already on-site, simplifying development plans. A pre-existing 25-foot staircase leads to a 14x16 foot deck, providing convenient access to the sandy shoreline. Enjoy the benefits of your own private beach, perfect for securing a boat and enjoying sun-filled days. This property is a separate parcel, independent of any homeowner's association (HOA) and is not part of Snug Harbor Villages, ensuring freedom from HOA regulations and fees. The asking price for this exceptional waterfront property is $150,000. Its prime location and unique features make it an ideal investment for those seeking a private waterfront retreat or a lucrative commercial venture. The coordinates are 27.858918 latitude and -80.5660657 longitude.

Property profile
Verified
Property type Specialty properties
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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