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Property profile

1337 Rabbit St SE Palm Bay, FL 32909

FOR SALE
Land
Property ID
US18-3466403
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1337 Rabbit St SE, Palm Bay, FL 32909 For Sale
$35,000
1337 Rabbit St SE, Palm Bay, FL 32909
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Property summary

AI-generated overview

This exceptional 10,019 square foot commercial and residential land parcel presents a unique investment opportunity in Palm Bay, Florida. Situated in Port Malabar unit 22, this 0.23-acre lot offers convenient access to essential amenities and services. City water is readily available. The property's strategic location provides easy commutes to nearby schools, shopping centers, and recreational areas. Columbia Elementary School is a mere 2.7 miles (approximately 6 minutes) away, while a Publix Supermarket is just 2.9 miles (about 8 minutes) from the property. For travelers, Melbourne Airport is conveniently located 11.8 miles (around 25 minutes) away, and the beautiful beaches of Indialantic are a short 14-mile (approximately 30-minute) drive. The property is easily accessible, with clear directions from I-95 exit #173: travel west on Malabar Road for 0.2 miles, turn left onto San Filippo Drive for 4.4 miles, turn right onto Ramsdale Drive for 0.1 mile, and finally, turn left onto Rabbit Street. The lot will be on your right. This versatile property is perfect for a variety of commercial and residential uses, making it an attractive investment in a thriving Florida community. The asking price is $65,000.

Property profile

Verified
Property type Land
UPID US18-3466403

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1337 Rabbit St SE Palm Bay, FL 32909
Palm Bay metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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