367 Silver Frost St Palm Bay, FL 32909
This exceptional 10,019 square foot lot, located at 367 Silver Frost Street SE in Palm Bay, Florida (zip code 32909), presents a unique investment opportunity. Zoned for both commercial and residential use, this versatile property offers significant potential for development. The land is beautifully wooded, providing a tranquil setting while still enjoying proximity to key amenities. The area is experiencing substantial growth, with new construction and improved infrastructure, including recently paved roads, enhancing accessibility and desirability. Conveniently located within a 10-15 minute drive of the bustling Bayside Lakes commercial area and the Malabar Road corridor, residents and businesses will have easy access to a wide array of shopping, banking, and medical services. The Malabar Road corridor also provides convenient access to I-95, simplifying daily commutes. The property utilizes a well water system and septic system. This prime location and the potential for diverse development make this a compelling investment prospect in a thriving Florida market. Take advantage of this opportunity to build your dream project in a rapidly developing area. The asking price is $45,000.
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.