449 Denmark St Palm Bay, FL 32908
This exceptional 10,019 square foot commercial and residential zoned lot presents a unique investment opportunity in Palm Bay, Florida. Located in Port Malabar Unit #37, this buildable lot offers convenient access to essential amenities. Just four miles from Publix shopping center, it provides easy access to daily necessities. Families will appreciate the proximity to Bayside High and Westside Elementary Schools, located within a six-minute drive. For shopping and entertainment, the Melbourne Square Mall is a 23-minute drive away, and the beaches of Indialantic are approximately a 36-minute drive. The property is zoned Rs2, making it suitable for single-family residential development. Detailed driving directions are available: From I-95 Exit 176, proceed west on Palm Bay Road NE, then left onto Minton Road, south for 2.5 miles. Turn right onto Malabar Road, west for 1 mile, then left onto Garvey Road for 1.2 miles. A left turn onto Damek Terrace SW, followed by another left onto Denmark Street SW, will lead directly to the property on the left. This is a rare opportunity to acquire a well-situated lot in a desirable area, perfect for building a new home or developing a residential project. The asking price is $42,999.
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
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.