183 Massini Ave Palm Bay, FL 32907
This 10,019 square foot commercial and residential land parcel is located at 183 Massini Avenue NW, Palm Bay, Florida, 32907. Priced at $79,000, this property presents a unique opportunity for redevelopment. City water and sewer are already connected, simplifying the development process. While a previous structure was damaged by fire and subsequently cleared, the concrete slab and driveway remain. The property's convenient location offers easy access to a variety of amenities, including shopping centers, restaurants, theaters, schools, and parks. Residents will also appreciate the proximity to beaches, theme parks, and the Kennedy Space Center. Excellent transportation links are provided by the nearby I-95 and the new St. Johns Heritage Parkway. All vehicles and boats on the property will be removed prior to closing. This versatile lot is ideal for a range of commercial or residential projects, offering significant potential for investors and developers alike. The property's existing infrastructure and prime location make it an attractive investment opportunity in a thriving Florida community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.