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1568 Water Drive Northeast

Palm Bay FL 32905

107158 sq. ft.
Land
Currently for sale - view listing

Overview

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.

Features

107158 sq. ft. lot size
Land

Happy sellers in Palm Bay

84%
84% of sellers in Palm Bay reported that their sale price either exceeded or met their price expectations.

Palm Bay stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 21 reviews in Palm Bay over the last 12 months.

Local market activity for land plots in Palm Bay

In the last 12 months, 9 land plots similar to 1568 Water Drive Northeast, have been sold.

This represents a 31% increase in land plots sales when compared to the previous 12 months.

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Sales:
(619) 566-0008
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