6950 Babcock Street Se, Palm Bay, FL 32909

Palm Bay
Local realty services provided by:Better Homes and Gardens Real Estate Star
6950 Babcock Street Se,Palm Bay, FL 32909
$4,950,000
Virtual Tour
  • 18.27 Acres
  • Lots / Land
  • Active
Listed by: vahid reza rajabian
Office: m. david moallem, inc
MLS#:1012051
Source:FL_SPACE

Price summary

  • Price:$4,950,000

About this home

Discover a prime real estate opportunity in the thriving city of Palm Bay, Florida. This remarkable property offers 18 acres of unentitled land, providing a blank canvas for single or multi-use development. Whether you seek a substantial parcel or a more tailored portion. The future potential for this land is vast, making it an attractive investment opportunity for various prospects: a quaint 55+ community with a density of 4 to 6 units per acre, senior living accommodations, town homes, and multifamily housing with a density of up to 20 units per acre. Also, Commercial, or a mix of the two. Situated along Babcock Street, a well-traveled thoroughfare in Southeast Palm Bay, this property benefits from its proximity to planned future widening projects. The expansion is a response to the growing number of residents in the area, access to major infrastructure and with the newly built I-95 interchanges (166 and 173) nearby are the key features of this location. Discover a prime real estate...

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Home facts

  • Listing ID #:1012051
  • Added:757 day(s) ago

Rooms and interior

  • Kitchen Description:appl_

Structure and exterior

  • Lot area:18.27 Acres
  • Lot Features:Wooded

Schools

  • High school:Bayside
  • Middle school:Stone
  • Elementary school:Columbia

Finances and disclosures

  • Price:$4,950,000
  • Tax amount:$6,604 (2023)

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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