2807 Eldron Blvd SE Palm Bay, FL 32909
For Sale
This exceptional 10,890 square foot lot presents a unique investment opportunity in Palm Bay, Florida. Located at 2807 Eldron SE, this property is zoned for both commercial and residential use, offering incredible flexibility for developers or individual investors. The land is already cleared, providing a significant advantage for immediate development. A key feature is access to city water, simplifying construction and reducing upfront costs. The lot is situated in a desirable area surrounded by newer homes, suggesting a strong and growing neighborhood. Its convenient location offers easy access to Babcock Street, placing residents within a 10-15 minute drive of a variety of shops and restaurants. The property's dual zoning allows for a wide range of development possibilities, from a single-family residence to a small commercial venture. With its prime location, readily available utilities, and cleared status, this lot represents a compelling opportunity to build in a thriving community. The asking price for this versatile property is $59,000. The property is located in Brevard County, Florida, zip code 32909. Coordinates are 27.931886 latitude and -80.633903 longitude.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.