For Sale
Property summary
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
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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