1581 1591 Lakewood Drive Ne, Palm Bay, FL 32905

For Sale: 16-Unit Approved Multifamily Site Plan Approved - Prime Palm Bay Location - Only $20,000 Per Approved Unit! Unbeatable Value | Premium Location | Multiple Exit Strategies Offered at just $320,000 ($20,000 per approved unit), this is the best-priced, ready-to-build multifamily opportunity in Palm Bay's most dynamic growth corridor. - Site Plan Approved for 16 Units: - 8 spacious 3-bedroom, 2-bath units -8 well-designed 2-bedroom, 2-bath units - Each unit features in-unit washer and dryer hookups for maximum tenant appeal - All Utilities at the Curb: - Separate electric and water meters for each unit, allowing for easy individual billing, reduced operating costs, and flexibility for future condo sales or rental management. -Shovel-Ready: - Cleared lot, all city approvals in place, and utilities available—start building immediately and save months of permitting delays.