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0 SE Port Malabar 40 Lot 1 Blk Street Ne, Palm Bay, FL 32905

Local realty services provided by:CENTURY 21 Lighthouse Realty
0 SE Port Malabar 40 Lot 1 Blk Street Ne,Palm Bay, FL 32905
$349,000
  • 0.91 Acres
  • Lots / Land
  • Active
Listed by: ana claudia dos santos
Office: first peak real estate
MLS#:1067825
Source:FL_SPACE

Price summary

  • Price:$349,000

About this home

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.

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Home facts

  • Listing ID #:1067825
  • Added:1 day(s) ago

Structure and exterior

  • Lot area:0.91 Acres

Schools

  • High school:Palm Bay
  • Middle school:Stone
  • Elementary school:Port Malabar

Utilities

  • Sewer:Public Sewer, Sewer Available

Finances and disclosures

  • Price:$349,000
  • Tax amount:$1,788 (1788)
Information deemed reliable but not guaranteed. Information is provided, in part, by Brevard MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.

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