000 San Luis St Palm Bay, FL 32908
This exceptional .22-acre lot, encompassing 9,583.2 square feet, presents a unique investment opportunity in Palm Bay, Florida. Located at 000 San Luis SW, zip code 32908, this property is ideally situated between two existing residences, offering a tranquil yet accessible location. Currently zoned for both commercial and residential use, this versatile land parcel provides flexibility for a variety of development projects. A pre-existing well is situated on the property, potentially reducing infrastructure costs. Two sheds are currently on the lot and are negotiable for removal prior to closing. The parcel ID will be assigned upon closing. This prime location in Brevard County, Florida, offers easy access to local amenities and transportation routes. The asking price for this remarkable property is $65,000. This represents a compelling opportunity for investors seeking a strategically located parcel with significant potential for future development or immediate use. The property's dual zoning allows for a range of possibilities, making it an attractive investment for both residential and commercial ventures. Don't miss this chance to acquire a valuable piece of land in a thriving Florida community.
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
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.