1568 Water Drive Ne, Palm Bay, FL 32905

Palm Bay
Local realty services provided by:Better Homes and Gardens Real Estate Star
1568 Water Drive Ne,Palm Bay, FL 32905
$4,000,000
  • 2.46 Acres
  • Lots / Land
  • Active
Listed by: jennifer brown, scott loveridge
Office: relentless real estate co.
MLS#:1072015
Source:FL_SPACE

Price summary

  • Price:$4,000,000

About this home

Prime commercial development site (BMU) zoned land in one of Palm Bay's fastest-growing corridors. The City of Palm Bay has expressed strong interest in seeing this site activated, with support for multifamily, retail, mixed-use, hospitality, or service-oriented development (buyer to verify). Large, development-ready parcels like this are scarce in PB, that allows for flexible commercial and residential uses. As population growth and infrastructure investment continue to expand across Brevard County, demand for new housing, retail, medical, and lifestyle-oriented projects is accelerating. Opportunities to control nearly 2.5 acres in a strategic location are becoming extremely limited. This site presents developers and investors the ability to create a high-impact project like multifamily apartments, mixed-use residential and retail, hotel, medical or professional office, townhomes, or a destination retail center designed to serve the rapidly expanding surrounding communities.

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Home facts

  • Subdivision & Development:Palm Bay Map Number 1
  • Listing ID #:1072015
  • Added:149 day(s) ago

Rooms and interior

  • Kitchen Description:appl_

Structure and exterior

  • Lot area:2.46 Acres

Schools

  • High school:Palm Bay
  • Middle school:Stone
  • Elementary school:Palm Bay Elem

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$4,000,000
  • Tax amount:$2,818 (2025)

Features and amenities

  • Laundry features:appl_
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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