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Property profile & analytics
OFF-MARKET
Commercial real estate

1061 Serenade St Palm Bay, FL 32907

Property ID
US18-3782007
Property summary
AI-generated overview

This exceptional 10,019 square foot commercial and residential land parcel is situated in the desirable Port Malabar Unit 14 area of Palm Bay, Florida. Priced at $44,000, this 0.23-acre lot presents a unique opportunity for development. Its northwest location offers added privacy due to a rear drainage canal. The property enjoys convenient proximity to essential amenities, including a Winn Dixie supermarket (2.6 miles/6 minutes), McAuliffe Elementary School (2.8 miles/6 minutes), Melbourne Airport (10 miles/22 minutes), and the beaches of Indialantic (13.1 miles/29 minutes). Access is straightforward: From I-95 exit 176, travel west on Palm Bay Road for 0.7 miles, turn left onto Minton Road for 0.2 miles, then right onto Emerson Drive for 1.5 miles. Turn left onto Jupiter Boulevard for 1.3 miles, and finally, turn right onto Serenade Street

Property profile
Verified
Property type Commercial real estate
UPID US18-3782007
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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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