2486 Bimini Ave Palm Bay, FL 32908
This exceptional 10,019 square foot lot, located at 2486 Bimini Avenue SW in Palm Bay, Florida, presents a unique investment opportunity. Zoned for both commercial and residential use, this versatile property offers significant potential for a variety of development projects. Situated in a rapidly growing area, it enjoys convenient proximity to key amenities. Just five minutes away lies the Bayside Lakes District, a thriving commercial center boasting a Publix supermarket, Dunkin', Walgreens, and various restaurants. For golf enthusiasts, the prestigious Arnold Palmer Signature course at The Majors Golf Club is a short ten-minute drive. Families will appreciate the close proximity to Bayside High School and Westside Elementary School. The property utilizes a well water/septic system, offering cost-effective utility solutions. The property's address is 2486 Bimini Avenue SW, Palm Bay, FL 32908. With its prime location and flexible zoning, this land parcel represents a compelling investment in a vibrant and expanding community. The asking price is $28,900.
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
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.