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!
Lot/land
$1,300,000
1224 Saint Andre Blvd SW, Palm Bay, FL 32908
--beds
--baths
15.57Acres
Unimproved Land
Built in ----
15.57 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 357 days
- on Zillow |
- 39 |
- 1 |
Zillow last checked: 7 hours ago
Listing updated: February 12, 2025 at 09:26am
Listed by:
Alexandra Shupe 321-345-1540,
Real Broker LLC
Source: Space Coast AOR,MLS#: 1022710
Travel times
Facts & features
Interior
Features
- Has fireplace: No
Video & virtual tour
Property
Lot
- Size: 15.57 Acres
- Features: Other
Details
- Zoning description: Commercial
- Special conditions: Standard
Utilities & green energy
- Sewer: Unknown
- Water: None
- Utilities for property: Cable Not Available, Electricity Not Available, Natural Gas Not Available, Sewer Not Available
Community & HOA
Community
- Subdivision: Port Malabar Unit 51
HOA
- Has HOA: No
Location
- Region: Palm Bay
Financial & listing details
- Annual tax amount: $1,989
- Date on market: 8/20/2024
- Listing terms: Cash,Conventional
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