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Property profile & analytics
OFF-MARKET
Commercial real estate

183 Massini Ave Palm Bay, FL 32907

Property ID
US18-6597759
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
UPID US18-6597759
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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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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