938 Serenade St, Palm Bay, FL 32907
This exceptional 10,019 square foot lot, located at 938 Serenade Street NW in Palm Bay, Florida, presents a unique investment opportunity. Zoned for both commercial and residential use, this versatile property offers significant potential for a variety of development projects. Its prime location in Brevard County, zip code 32907, provides easy access to a wealth of amenities. Residents and businesses will appreciate the proximity to shopping centers, diverse dining options, schools, churches, and recreational facilities such as golf courses and a library. The property's location within a well-established neighborhood ensures a peaceful and desirable setting. Furthermore, the close proximity to both the police and fire departments provides added peace of mind. The asking price for this remarkable property is $45,000. This represents a compelling opportunity to acquire a substantial parcel of land in a thriving Florida community. The property's versatility, combined with its convenient location and attractive price point, makes it an ideal investment for both residential and commercial developers. Don't miss this chance to secure a piece of Palm Bay's promising future. The coordinates are 28.012401 latitude and -80.697841 longitude.
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
Similar Nearby for Lease
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.