$249,000
$31K PRICE DROP

Estimated payment $1,493/month

Total Views 3,130
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 0.61 Acre Lot
  • No HOA
  • No Heating

About This Home

Prime Multi-Family Residential Vacant Land - Shovel Ready 8-Unit Building Plan.

- Zoning: RM-20, up to 20 units per acre.

- A fully engineered 8 unit site plan with
building plans are included w/ sale.

- Size: 0.61 acres, platted and ready for
development.

- Utilities: City water and sewer connections
available for hookup.

- Dimensions: 100 feet of frontage with a
depth of 260 feet (approx.).

Seize this incredible opportunity to purchase a fully approved, shovel-ready plan for an 8-unit apartment building. Located just minutes from Palm Bay Hospital, Eastern Florida State College, Home Depot, Chick-fil-A, Lowe's, and I-95, this prime parcel of land offers unmatched convenience and accessibility. Best of all, it's only a short distance to the stunning east coast of Florida, with direct access to the Indian River and Atlantic Ocean.
Ideal for developers and investors, this vacant lot provides a rare, ready-to-build site. Easy access to essential amenities and infrastructure. With approvals in place, you can start construction almost immediately. Don't miss out on this fantastic opportunity! Renderings of the approved 8 unit apartments are shown in the photos.

Listing Agent

Jerry Bailey

EXP Realty, LLC License #3434178

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,270

Lot Details

  • 0.61 Acre Lot

Home Design

Schools

  • Port Malabar Elementary School
  • Stone Middle School
  • Palm Bay High School

Utilities

  • No Cooling
  • No Heating

Community Details

  • No Home Owners Association
  • Port Malabar Unit 40 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 29-37-03-26-01981.0-0008.00
  • Seller Concessions Offered

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,270

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Reso Property Sub Type: Multi Family
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Port Malabar Unit 40
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Exterior Features

  • Acres: 0.61
  • Construction Type: Other
  • Construction Materials:Other15: Yes

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Cooling: None
  • Utilities: Sewer Available, Water Available
  • Heating: None
  • Cooling Y N: No
  • HeatingYN: No
  • Water Source: Public
  • Heating:None3: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Stone

Lot Info

  • Current Use: Multi-Family
  • Lot Size Sq Ft: 26572.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2922931
  • Parcel #: 29-37-03-26-01981.0-0008.00
  • Zoning Description: Multi Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 1270.18

Multi Family

MLS Schools

  • Elementary School: Port Malabar
  • High School: Palm Bay

Map

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $1,047 $60,000 $0 $0
2022 $921 $48,000 $0 $0
2021 $507 $36,000 $36,000 $0
2020 $2,087 $26,400 $26,400 $0
2019 $2,189 $24,000 $24,000 $0
2018 $2,172 $24,000 $24,000 $0
2017 $2,182 $24,000 $24,000 $0
2016 $1,942 $12,000 $12,000 $0
2015 $1,948 $12,000 $12,000 $0
2014 -- $12,000 $12,000 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2025 02/14/25 Price Changed $249,000 -11.1% --
11/14/2024 11/14/24 For Sale $280,000 -- --
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Deed History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed $55,900 State Title Partners Llp
Source: Public Records

Source: Space Coast MLS (Space Coast Association of REALTORS®)

MLS Number: 1029644

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 29-37-03-26-01981.0-0008.00