Excellent opportunity to acquire 5 lots totaling 2.15 acres in a desirable NE Palm Bay location, with no wetlands. The seller has architectural drawings for both multifamily and townhome developments and has held multiple meetings with the City of Palm Bay, progressing toward site plan approval before deciding not to move forward for personal reasons. Potential Development Opportunities: Multifamily: Proposed 35-unit, 3-story apartment building, Townhomes: Proposed 18-unit townhome community, Residential: Build your own private estate on over 2 acres. With preliminary architectural plans and prior discussions with the city, this property offers an excellent head start for investors, developers, or buyers looking to build their dream home.
Listing courtesy of Blue Marlin Real Estate.