Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET
    Commercial real estate

    555 Fernwood Ave, Palm Bay, FL 32907

    Property ID
    US18-5555399
    Property summary
    AI-generated overview

    Exceptional opportunity to acquire a 10,019 square foot lot in Palm Bay, Florida. This versatile property is zoned Rs2, suitable for both commercial and residential development. Located in the highly desirable northwest section of Palm Bay, this 0.23-acre parcel offers convenient access to essential amenities. It's a short 7-minute drive to Winn Dixie supermarket and McAuliffe Elementary School. Commuting is also easy, with Melbourne Airport just a 21-minute drive (10.2 miles) and the beaches of Indialantic a 29-minute drive (13.3 miles) away. The property includes a drainage right-of-way easement canal at the rear. Detailed directions are available: From I-95 exit 176, travel west on Palm Bay Road for 0.7 miles, turn left onto Minton Road for 0.2 miles, then right onto Emerson Drive for 1.5 miles. Continue left onto Jupiter Boulevard for 1.3 miles, then right onto Serenade Street for 0.3 miles, and finally left onto Fernwood Avenue. The lot is on the left. The asking price for this attractive property is $45,000.

    Property profile
    Verified
    Property type Commercial real estate
    UPID US18-5555399
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 555 Fernwood Ave?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message