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Property profile

1516 Norman NE St Palm Bay, FL 32907

OFF-MARKET
Office buildings
Property ID
US18-3962445
3,256 SF 0.61 ac lot Built 1991
Last sale Nov 2023 · $1,720,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$244
Tax billed · 2023
Assessed value$388k
Assessed land$93k
Assessed improvement$295k
Effective rate0.06%

Value estimate

· Oct 2026
$2.25M
$2.02M – $2.47M
AI approach$2.24M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$200/SF
Submarket average, outlier-cleaned · 326 recorded sales of this use type
Observed band · Q1–Q3$140 – $294

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CC
The intent of this district is to permit the development of commercial activities which offer a wide range of goods and services to the s...
General categoryCOMMERCIAL
JurisdictionBREVARD

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm20.9
Realty agency19.3
Dental Office19.1

Location

1516 Norman NE St Palm Bay, FL 32907-2504
County assessor Recorded deeds · 8 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1491 Emerson NE, Palm Bay, FL 32907-3293 $4,700,000 Jul 2025 2,250 SF
852 Jupiter NW, Palm Bay, FL 32907-8208 $1,500,000 Mar 2025 5,668 SF
828 Malabar SE, Palm Bay, FL 32907-3207 $150,000 Nov 2024 2,414 SF
695 Malabar NW, Palm Bay, FL 32907-2851 $550,000 Jul 2022 1,612 SF
5030 Minton NW, Palm Bay, FL 32907-1100 $1,050,000 May 2022 4,592 SF
277 Malabar NE, Palm Bay, FL 32907-3091 $55,000 Dec 2021 2,196 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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