974 Dorinda St Palm Bay, FL 32908
This exceptional 11,326 square foot lot presents a unique investment opportunity in Palm Bay, Florida. Located at 974 Dorinda Street SW, in Brevard County, zip code 32908, this property is zoned for both commercial and residential use, offering versatility for potential buyers. The lot's size is approximately 0.26 acres. Currently, the property lacks utilities and the City of Palm Bay has no plans to extend services to this area, rendering it unsuitable for immediate construction. Access is available via road. The seller is conveying the property "as is," with no representations beyond the title. Detailed directions are available: From exit 173 on I-95, travel west on Malabar Road for 0.2 miles, turn left onto San Filippo Drive for 7.5 miles, turn left onto St. Andre Boulevard for 1.6 miles, turn right onto Drude Park Avenue for 0.3 miles, and finally turn right onto Dorinda Street. The lot is situated on the right. This property is being offered at an asking price of $14,000. The property is located in Port Malabar Unit #51, in the southwest section of Palm Bay. This is a unique opportunity for investors seeking land in a rapidly developing area. Note that the property's buildability is limited due to the lack of utilities.
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.