00 Unknown Off Lortie Ave Malabar, FL 32950
This exceptional 59,677 square foot parcel presents a unique investment opportunity in Malabar, Florida. Located off Lortie Avenue, this property offers the potential for diverse development, blending commercial and residential uses. While situated just a short distance from the main road, it's important to note that the adjacent road, though appearing accessible, is not currently listed on the municipality's approved roads. Prospective buyers should contact the municipality to determine the requirements for development and road access. The property's strategic location provides convenient access to essential amenities. A short drive west on Malabar Road leads to a hospital, shopping centers, and I-95, ensuring easy connectivity. To the east, the picturesque Indian River offers stunning waterfront views. This presents a rare chance to create a peaceful country retreat or a thriving commercial venture. The seller is offering owner financing, making this an even more attractive proposition for qualified buyers. The property is located in Brevard County, Florida, with a zip code of 32950. The coordinates are 27.967753 latitude and -80.6062454 longitude. This is a remarkable opportunity to acquire a substantial land parcel in a desirable location with potential for significant return on investment.
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
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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.