3090 Dixie NE Hwy Palm Bay, FL 32905-2514
This exceptional investment opportunity presents two standalone commercial buildings totaling 1702 square feet situated on a lot in Palm Bay, Florida, at 3090 Dixie Highway NE, zip code 32905. The property, built in 1947 and featuring one story, is zoned Highway Commercial, offering diverse usage potential. The buildings are centrally located off US1, providing excellent visibility and accessibility. Building 1 encompasses 1130 square feet and includes a reception area, private office, conference room, supply room, and private bathroom. Building 2 offers 572 square feet of open space with a private bathroom. Ample parking is available in front of each building, with additional storage space located behind. Both buildings are structurally sound and have undergone updates, resulting in a favorable insurance rate. The property's layout allows for owner-occupancy in one building and rental income from the other. Furniture is negotiable. This is a prime opportunity to acquire a well-maintained, versatile commercial property in a desirable location. The asking price is $410,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
RS3 · Palm Bay, FLCosts & 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.