792 Ontario St Palm Bay, FL 32907
This exceptional Palm Bay property offers two adjacent lots totaling 10,018.8 square feet (approximately 0.23 acres each), presenting a unique opportunity for residential or commercial development. Located at 792 Ontario Street NW, Palm Bay, FL 32907, this property boasts desirable canal frontage, ensuring privacy with no rear neighbors. The absence of a homeowner's association (HOA) provides flexibility and freedom in development plans. Buyers have the option to purchase either lot individually or both together, creating a combined parcel of nearly half an acre. The property's convenient location offers easy access to essential amenities. Grocery stores, restaurants, and schools are just a 10-minute drive away, while the beautiful beaches of Florida's coast are a short 30-minute drive. The asking price for both lots is $56,900. This is an excellent opportunity to build your dream home or explore commercial possibilities in a desirable Florida location. Drive by and envision the potential!
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.