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Property profile & analytics
OFF-MARKET
Commercial real estate

792 Ontario St Palm Bay, FL 32907

Property ID
US18-3619055
Property summary
AI-generated overview

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!

Property profile
Verified
Property type Commercial real estate
UPID US18-3619055
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
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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