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Property profile & analytics
OFF-MARKET
Commercial real estate

3057 Tropical Cir Palm Bay, FL 32909

Property ID
US18-3855899
Property summary
AI-generated overview

This exceptional 21,344 square foot lot, located at 3057 Tropical Circle SE in Palm Bay, Florida (zip code 32909), presents a unique investment opportunity. Zoned for both commercial and residential use, this property offers significant flexibility for developers or investors. A key feature is the added space provided by a bordering drainage canal, ensuring privacy and distance from potential neighbors. The property currently utilizes well water and a septic system. Its prime location offers unparalleled convenience. Enjoy quick access to recreational amenities, such as Bill Madden Park (5 minutes away), featuring playgrounds, picnic areas, and athletic fields. Daily necessities are readily available, with Bayside Lakes Publix, Walgreens, and various restaurants just 7 minutes away. Commuting is a breeze, with the new I-95 interchange only 5 minutes south and the Malabar Road Corridor, boasting numerous stores, restaurants, medical facilities, and everyday conveniences, a short 14-minute drive north. This versatile property is ideally situated to capitalize on the growth and development in the Palm Bay area. The asking price is $64,799. Don't miss this chance to acquire a substantial parcel of land in a thriving Florida community.

Property profile
Verified
Property type Commercial real estate
UPID US18-3855899
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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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