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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
7779189
7779188

401 Thor Ave SE, Palm Bay, FL 32909

VR
FL BK3454072
PALM BAY LAND
Listed by PALM BAY LAND
$328,500
1431 days on market
Updated 22 days ago

Multi family 14 unit site401 Thor Avenue SE

Details
APN 29-37-03-26-01988.0-0012.00
Property Type Land
Sub Type Commercial, Residential
Acreage 0.730
Zoning Multi-Family

"Prime Investment Opportunity: Unlock the Potential of Multifamily Living"

Marketing description


🌟
Investor's Dream in Palm Bay: Prime Multifamily Opportunity! 🌟

Are you ready to capitalize on the sizzling multifamily market? Look no further than 401 Thor Ave SE, Palm Bay. This exceptional property is a golden ticket for investors, boasting a zoning classification of MF-20, allowing for up to 20 units per acre. With a generous .75-acre parcel, you could potentially develop up to 15 units, paving the way for substantial positive cash flow.

In today's inflationary economy, there's no safer bet than a rental investment, and this property promises to deliver robust returns. Situated in a thriving area, with burgeoning demand for multifamily housing, you'll be at the forefront of a lucrative market trend.

Location is key, and 401 Thor Ave SE doesn't disappoint. Conveniently located near two I-95 interchanges and shopping hubs, tenants will enjoy easy access to amenities and transportation routes, ensuring high occupancy rates and steady rental income.

Don't miss out on this incredible opportunity to dive into Palm Bay's booming multifamily market. Seize the chance to secure your financial future and schedule a viewing today!

Investment highlights

  • Investor's Dream in Palm Bay: Prime Multifamily Opportunity!

    1. Location:

      • Address: 401 Thor Ave SE, Palm Bay

      • Conveniently located near two I-95 interchanges and shopping hubs.

    2. Zoning Advantage:

      • Zoned for MF-20, allowing up to 20 units per acre.

      • With a .75-acre parcel, potential for up to 15 units, maximizing positive cash flow.

    3. Market Potential:

      • Thriving area with growing demand for multifamily housing.

      • Positioned in a market where many multifamily developments are underway.

    4. Investment Appeal:

      • Rental investment in an inflationary economy offers stability and growth potential.

      • Seize the opportunity to capitalize on the booming multifamily market in Palm Bay.

    5. Convenience:

      • Proximity to essential amenities and transportation routes ensures high tenant demand.

    6. Actionable Step:

      • Schedule a viewing to explore the potential of 401 Thor Ave SE and secure your position in Palm Bay's lucrative multifamily market.


Listing Contacts

VR
FL BK3454072
PALM BAY LAND
Listed by PALM BAY LAND

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Additional Information

Name
Vahid Rajabian
License
BK3454072
Brokerage
M. David Moallem, Inc.
Brokerage Phone
321-333-7230
Title
Real Estate Broker Associate
Brokerage Address
1663 Georgia Street Northeast
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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