3238 Aspen Rd Palm Bay, FL 32909
This exceptional .46-acre (20,037.6 sq ft) lot, located at 3238 Aspen Rd SE in Palm Bay, Florida (zip code 32909), presents a unique opportunity for both residential and commercial development. Situated in a desirable area near Bayside Lakes, this property boasts convenient access to excellent schools, dining, and shopping. The lot offers ample space for a substantial home, with room for additional features such as a pool, boat storage, RV parking, or a shed. The quiet residential neighborhood features paved roads and many recently constructed homes, ensuring a peaceful yet convenient lifestyle. The property is easily accessible, with a visible sign on-site for easy identification. While no survey or environmental study is currently available, the expansive lot size provides significant potential for various development projects. Buyers should conduct their own due diligence. The asking price for this remarkable property is $85,000. This is a rare opportunity to acquire a versatile lot in a thriving Florida community.
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
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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.