1581 1591 Lakewood Drive, Palm Bay, FL 32905
0.83
ACREAGE
$320,000
LISTING PRICE
Unimproved Land
TYPE
Road Surface: N/A
MLS#: 1048129
Status: Active
For More Information Call:
321-255-4242
Property Details
For Sale: 16-Unit Approved Multifamily Site Plan Approved - Prime Palm Bay Location - Only $20,000 Per Approved Unit!Unbeatable Value | Premium Location | Multiple Exit StrategiesOffered at just $320,000 ($20,000 per approved unit), this is the best-priced, ready-to-build multifamily opportunity in Palm Bay's most dynamic growth corridor.- Site Plan Approved for 16 Units: - 8 spacious 3-bedroom, 2-bath units -8 well-designed 2-bedroom, 2-bath units- Each unit features in-unit washer and dryer hookups for maximum tenant appeal- All Utilities at the Curb:- Separate electric and water meters for each unit, allowing for easy individual billing, reduced operating costs, and flexibility for future condo sales or rental management.-Shovel-Ready: - Cleared lot, all city approvals in place, and utilities available--start building immediately and save months of permitting delays.

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- Acreage0.83
- Area340 - NE Palm Bay
- CityPalm Bay
- CountyBrevard
- DirectionsI-95 to Palm Bay Rd NE, Lakewood Drive
- General County LocationSouth
- List Price/Acres$385,542.17 / acre
- Listing ID1048129
- Listing StatusActive
- Property TypeVacantland
- State/ProvinceFL
- StatusActive
- Status Change DateThursday, June 5th, 2025
- Street NameLakewood
- Street Number1581 1591
- Street SuffixDrive
- Sub TypeUnimproved Land
- SubdivisionPalm Bay Homes Subd
- Suffix DirNE
- Tax Year2023
- Taxes$1,688.09
- UnBranded Virtual TourClick Here
- Zip Code32905
- ZoningResidential