1568 Water DR NE Palm Bay, FL 32905
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Subdivision Palm Bay Map Number 1
MLS Listing ID 1072015
Annual Tax Amount $2,818
Tax Year 2025
Lot Size 2.460 Acres
Acres 2.46
Property Sub-Type Unimproved Land
Source Space Coast MLS (Space Coast Association of REALTORS®)
Property Description
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.
Location
State FL
County Brevard
Area 340 - Ne Palm Bay
Direction Just North of Palm Bay Rd and US1 on Water Dr.
Exterior
Exterior Feature ExteriorFeatures
Utilities Available Water Available
Present Use Mixed Use
Road Frontage Highway
Garage No
Building
Lot Description Other
Sewer Public Sewer
Water Public
Schools
Elementary Schools Palm Bay Elem
High Schools Palm Bay
Others
Senior Community No
Tax ID 28-37-24-27-00005.0-0005.00
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
Special Listing Condition Corporate Owned
NEARBY SCHOOL & BUSINESS
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