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Property profile & analytics
OFF-MARKET
Commercial real estate

1357 Union St Palm Bay, FL 32909

Property ID
US18-8594874
Property summary
AI-generated overview

This exceptional 10,019 square foot lot presents a unique investment opportunity in Palm Bay, Florida. Zoned for both commercial and residential use, this 0.23-acre parcel offers incredible flexibility for developers and investors. Situated in the desirable Port Malabar Unit 15, the property enjoys a convenient location, just a short distance from essential amenities and major transportation routes. A mere three minutes from Columbia Elementary School and seven minutes from a Publix Supermarket, this lot provides easy access to daily necessities. Commuters will appreciate its proximity to Melbourne Airport (22 minutes) and the beautiful beaches of Indialantic (26 minutes). The property's address is 1357 Union Street SE, Palm Bay, FL 32909, within Brevard County. Detailed driving directions are available: From I-95 exit 173, travel west on Malabar Road for 0.2 miles, turn left onto San Filippo Drive for 1.6 miles, and then left again onto Union Street. The lot is located on the left. The asking price for this versatile property is $41,000. This presents a compelling opportunity to capitalize on the growing Palm Bay market. Don't miss this chance to acquire a highly desirable lot with significant potential.

Property profile
Verified
Property type Commercial real estate
UPID US18-8594874
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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