1581 1591 Lakewood Drive Ne, Palm Bay, FL 32905
Local realty services provided by:CENTURY 21 Circle
Listed by: mariam shapira
Office: property360
MLS#:1048129
Source:FL_SPACE
Price summary
- Price:$299,000
About this home
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.
Contact an agent
Home facts
- Subdivision & Development:Palm Bay Homes Subd
- Listing ID #:1048129
- Added:433 day(s) ago
Rooms and interior
- Kitchen Description:appl_
Structure and exterior
- Lot area:0.83 Acres
Schools
- High school:Palm Bay
- Middle school:Stone
- Elementary school:University Park
Utilities
- Sewer:Public Sewer, Sewer Available
Finances and disclosures
- Price:$299,000
- Tax amount:$1,688 (2023)
Features and amenities
- Laundry features:appl_
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