Price: $349,000
SE Port Malabar 40 Lot 1 Blk StreetPalm Bay, FL 32905
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Square Foot
N/A
Bedrooms
0.00
Full Baths
N/A
½ Baths
No
Waterfront
Property Description:
Opportunity! Rare multifamily development parcel in one of the most desirable areas of Palm Bay. This 0.91-acre dry lot is zoned multifamily and allows for the construction of up to 18 apartment units, duplexes, or triplexes. The property features full city infrastructure, including city water, city sewer, electricity, and paved road frontage, making it ready for development.Conveniently located near major amenities and employment centers, the property is just minutes from Walmart, Eastern Florida State College, and Health First Hospital. Easy access to main roads, shopping, schools, and essential services supports strong long-term rental demand.Multifamily parcels of this size, zoning, and infrastructure are increasingly rare in Palm Bay. A prime opportunity for investors or developers seeking high growth potential in a strong, in-demand market.
Exterior Features
N/A
Interior Features:
N/A
Equipment / Appliances:
N/A
Utilities:
N/A
Property Details
Street Name:
County:
Brevard
Listing Status:
Active
Tax Year:
1788
Waterfront:
No
Zip Code:
Subdivision:
Port Malabar Unit 40
Tax Amount:
$1,788
HOA Dues:
$0.00
SE Port Malabar 40 Lot 1 Blk Street Palm Bay, FL 32905
This listing is courtesy of First Peak Real Estate.
Real Estate and Luxury homes in Melbourne Beach, Merritt Island, Cocoa Beach, Lansing Island, Tortoise Island, Vero Beach, Barefoot Bay, Cape Canaveral, Cocoa, Grant Valkaria, Indialantic, Indian Harbour Beach, Malabar, Melbourne, Palm Bay, Rockledge, Satellite Beach, Titusville, West Melbourne and surrounding areas in Brevard and Central Florida.
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