
1224 Street Andre Blvd SW Palm Bay, FL 32908
Southwest Palm Bay NeighborhoodEstimated payment $7,422/month
About This Lot
This 15.57-acre parcel offers a long-term investment opportunity in the rapidly growing city of Palm Bay at a bargain value. The parcel is located in an area of SW Palm Bay that the locals call ''The Compound.'' Currently, there are no utilities in the area, so the land is not buildable at this time. But, it won't be this way for long. As the development of St. Johns Heritage Parkway extends, this area is positioned to become a key hub of commercial development. The parcel's close proximity to the projected Parkway's location and limited commercial zoning along the Parkway, ensure future land value appreciation and a prime location for business. Currently, vacant commercial parcels of land in the City of Palm Bay are selling for around $200,000 an acre or more. This parcel is being offered for a fraction of that. Now is a prime time to invest, before this land significantly appreciates. Invest in tomorrow's growth today!
Property Details
Property Type
- Land
Est. Annual Taxes
- $1,990
Lot Details
- 15.57 Acre Lot
- Zoning described as Commercial
Schools
- Westside Elementary School
- Southwest Middle School
- Bayside High School
Utilities
- Electricity Not Available
- Natural Gas Not Available
- Water Not Available
- Sewer Not Available
- Cable TV Not Available
Community Details
- No Home Owners Association
- Port Malabar Unit 51 Subdivision
Listing and Financial Details
- Seller Concessions Not Offered
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/20/2024 08/20/24 | For Sale | $1,300,000 | -- | -- |
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Source: Space Coast MLS (Space Coast Association of REALTORS®)
MLS Number: 1022710

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