Price: $4,950,000

6950 Babcock StreetPalm Bay, FL 32909


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0

Square Foot

N/A

Bedrooms

0.00

Full Baths

N/A

½ Baths

No

Waterfront

MLS # 1012051


Type: Unimproved Land

List Date: 04-25-2024

Homestead: N/A

Zoning: N/A

Property Description:

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.

Exterior Features

N/A


Interior Features:

N/A


Equipment / Appliances:

N/A


Utilities:

N/A

Property Details


Street Name:

County:

Brevard

Listing Status:

Active

Tax Year:

2023

Waterfront:

No

Zip Code:

Subdivision:

None

Tax Amount:

$6,604

HOA Dues:

$0.00

Broker Reciprocity
6950 Babcock Street Palm Bay, FL 32909

This listing is courtesy of M. David Moallem, Inc.

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