1581 1591 Lakewood DR NE new Save Request In-Person Tour Request Virtual Tour
Palm Bay,FL 32905
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Subdivision Palm Bay Homes Subd
MLS Listing ID 1048129
Annual Tax Amount $1,688
Tax Year 2023
Lot Size 0.830 Acres
Acres 0.83
Property Sub-Type Unimproved Land
Source Space Coast MLS (Space Coast Association of REALTORS®)
Property Description
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.
Location
State FL
County Brevard
Area 340 - Ne Palm Bay
Direction I-95 to Palm Bay Rd NE, Lakewood Drive
Exterior
Exterior Feature ExteriorFeatures
Utilities Available Cable Available,Electricity Available,Sewer Available,Water Available
Present Use Unimproved,Other
Garage No
Building
Lot Description Corner Lot,Other
Sewer Public Sewer
Water Public
Schools
Elementary Schools University Park
High Schools Palm Bay
Others
Senior Community No
Tax ID 28-37-22-01-00005.0-0005.00
Acceptable Financing Cash,Conventional,Other
Listing Terms Cash,Conventional,Other
Special Listing Condition Standard
Virtual Tour https://www.propertypanorama.com/instaview/spc/1048129