Property summary
This exceptional 0.51-acre lot, located at 440 Thor Avenue SE in Palm Bay, Florida, presents a compelling investment opportunity for developers and business owners. The property, encompassing 22,216 square feet, is zoned for residential use but offers significant potential for multi-family development. Situated in the rapidly expanding southeastern area of Palm Bay, this land benefits from strong population and economic growth, making it an ideal location for a new project. Its convenient proximity to major transportation routes ensures excellent accessibility and positioning for any investment. The property's address is 440 Thor Avenue SE, Palm Bay, FL 32909, within Brevard County. The asking price for this strategically located parcel is $129,900. This represents a rare chance to capitalize on the thriving Palm Bay real estate market and secure a significant stake in one of Florida's most desirable areas. The property's classification includes Commercial, Apartment Building, and Residential uses, making it versatile and adaptable to a range of development plans. Don't miss this chance to acquire a piece of Palm Bay's burgeoning future.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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