Hi everyone. Does anyone know the market cap rate in Palm Bay, FL? It's about an hour southeast of Orlando near Melbourne, FL.

I don't know that market, but I suspect you'll have to specify what asset class you're looking at. Cap rates probably vary between: - multifamily - industrial - retail - office - mixed use - other/specialty What asset class are you interested in?

Yes ,very low under 6% I live 5 minutes away. I will not buy anything in FL its all way overpriced. I do all my business OOS with 20% ish net caps based on cash purchases.

@Danielle Lynch What is your investment strategy here? I am very familiar with Palm Bay but as @Danny Simard mentioned, we need some more info on what you are looking at and trying to accomplish

@Danielle Lynch Cap Rate is great for you and your investors to understand the cost/value of the property. Areas will have an AVG cap rate. But if you focus on a area cap rate you can miss deals. Not all sellers are looking to squeeze every penny out of the new owners.

PALM BAY*** FL -- it won't let me edit the title.

CAP Rate in Palm City FL?CAP Rate in Palm City FL?

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CAP Rate in Palm City FL?

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