7
Map
$39,750
●
Land -
Off Market
1801 Coco Plum Street NE
Palm Bay, FL 32905
Studio
0 Bath
$42,080
RealtyHop Estimate
5.86%
Since Feb 1, 2023
National-US
Primary Model
About This Property
0.11 acre cleared lot zoned for a manufactured home with driveway
in place with city water and sewer available located in the highly
desirable 55+ Community of Palm Bay Colony in Palm Bay. This
community features a Clubhouse with many ongoing activities...such
as a Community Pool, Shuffleboard, Tennis and Pickleball Courts.
Palm Bay Colony is a Deed Restricted Community; and the HOA
membership is voluntary. Just 2.2 miles -7 minutes to Publix
Shopping and about 2 miles to the Indian River!! From U.S. #1 go
west on Robert J. Conlan Boulevard NE. Turn left on Ersoff
Boulevard NE and right o Coco Plum
Street NE. The lot will be on the left.
Street NE. The lot will be on the left.
Unit Size
-
Days on Market
31 days
Land Size
0.11 acres
Price per sqft
-
Property Type
Land
Property Taxes
$52
HOA Dues
$35
Year Built
1979
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 months ago (Space Coast MLS #953626)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 27, 2025 | Sold | ||
| Sold | |||
| Aug 15, 2025 | In contract | - | |
| In contract | |||
| Aug 11, 2025 | Listed by RLL Real Estate Group | $49,900 | |
| Listed by RLL Real Estate Group | |||
| | |||
|
Your Dream Home Starts Here - Move-In Ready Lot in a 55+ Resort-Style Community!! This cleared, build ready, 0.11-acre lot is nestled in a charming senior community, offering endless possibilities for your dream manufactured home!! This lot is already equipped with city water and electric, impact fees paid, and sewer/water fees covered. Plus, the poured driveway adds extra value, making the transition even smoother. Building your perfect retreat has never been easier.
Enjoy a carefree lifestyle with resort-style amenities, including a heated pool, shuffleboard, tennis courts, and a lively clubhouse where you can connect with neighbors and enjoy activities year-round. Whether you're seeking a peaceful retreat or an active social lifestyle, this community has it all.
Don't miss this affordable, hassle-free opportunity to create your perfect home. Secure this lot today and start building your future!
| |||
| Aug 5, 2025 | In contract | - | |
| In contract | |||
| Feb 5, 2025 | Listed | $54,999 | |
| Listed | |||
| | |||
|
Your Dream Home Starts Here - Move-In Ready Lot in a 55+ Resort-Style Community!! This cleared, build ready, 0.11-acre lot is nestled in a charming 55+ community, offering endless possibilities for your dream manufactured home—built for under $200K! This lot is already equipped with city water and electric, impact fees paid, and sewer/water fees covered. Plus, the poured driveway adds extra value, making the transition even smoother. Building your perfect retreat has never been easier.
Enjoy a carefree lifestyle with resort-style amenities, including a heated pool, shuffleboard, tennis courts, and a lively clubhouse where you can connect with neighbors and enjoy activities year-round. Whether you're seeking a peaceful retreat or an active social lifestyle, this community has it all.
Don't miss this affordable, hassle-free opportunity to create your perfect home. Secure this lot today and start building your future!
| |||
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Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
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Baths
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Price/ft²
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Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Palm Bay Colony
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Philip L Rotondo, Coldwell Banker Realty
Last Updated: 4 months ago
Data Source: Space Coast MLS, MLS# 953626
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Last Updated: 4 months ago
Data Source: Space Coast MLS, MLS# 953626
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