Listing Address:
0 SE Port Malabar 40 Lot 1 Blk Street, Palm Bay, FL 32905
Active
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Price: $349,000
MLS # 1067825
Property Type: Vacant Land
This property is Active. Please contact us for similar properties.
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.
Property Listing Details for 0 SE Port Malabar 40 Lot 1 Blk Street, Palm Bay, FL 32905
Lot Sub-Type
Unimproved Land
Gated?
HOA
HOA Dues
0.00 ()
Utilities
Subdivision
Frontage
Financing
Posession
Land Use
Adj. Land Use
Lot Desc.
Site Desc.
Tax Year
1788
Tax Amount
$1,788
55+ Community
Listing Status
Active
Property Status
Street
0 SE Port Malabar 40 Lot 1 Blk Street, Palm Bay, 32905
Zip Code
D. Basile Real Estate, LLC lists and sells Real Estate and Luxury homes in Melbourne Beach, Merritt Island, Cocoa Beach, Lansing Island, Tortoise Island, 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.
This listing is courtesy of First Peak Real Estate. Property Listing Data contained within the D Basile Real Estate website is the property of Brevard MLS and is provided for consumers looking to purchase real estate. Any other use is prohibited. We are not responsible for errors and omissions on this web site. All information contained herein should be deemed reliable but not guaranteed, all representations are approximate, and individual verification is recommended.
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