Property profile

1460 Par St Northeast Palm Bay, FL 32905

FOR SALE
Residential land & home lots
Property ID
US18-Q017888
85,813 SF
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Property summary

AI-generated overview

Located between Port Malabar Blvd and Par St NE in Palm Bay this 1.97 acre lot is zoned RM 15, Multi-family allowing up to 25 Units. Perfect multifamily location with townhouses are on one side and condos on the other. Lot has City Water & City Sewer, Road and Utility infrastructure. Quiet neighborhood in Port Malabar Country Club area.

Property profile

Verified
Property type Residential land & home lots
Total area 85,813 SF
UPID US18-Q017888

Cap rate & NOI

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

Location

1460 Par St Northeast Palm Bay, FL 32905
Palm Bay metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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