6950 Babcock Street, Palm Bay, FL 32909

Price: $4,950,000

MLS # 1012051

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Type: Vacantland

Bedrooms: N/A

Full Baths: N/A

Half Baths: N/A

List Date: 04-25-2024

Year Built: N/A

Homestead: N/A

Zoning: N/A

Property Images:

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Property Description:

Discover a prime real estate opportunity in the thriving city of Palm Bay, Florida. This remarkable property offers 18 acres of unentitled land, providing a blank canvas for single or multi-use development. Whether you seek a substantial parcel or a more tailored portion. The future potential for this land is vast, making it an attractive investment opportunity for various prospects: a quaint 55+ community with a density of 4 to 6 units per acre, senior living accommodations, town homes, and multifamily housing with a density of up to 20 units per acre. Also, Commercial, or a mix of the two. Situated along Babcock Street, a well-traveled thoroughfare in Southeast Palm Bay, this property benefits from its proximity to planned future widening projects. The expansion is a response to the growing number of residents in the area, access to major infrastructure and with the newly built I-95 interchanges (166 and 173) nearby are the key features of this location.

Exterior Features

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Interior Features

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Equipment / Appliances

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Utilities

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Property Details

Street Name

County

Brevard

Listing Status

Active

Tax Year

2023

Waterfront

No

ZipCode

Subdivision

None

Tax Amount

$6,604

HOA Dues

$0.00

6950 Babcock Street Palm Bay, FL 32909

This listing is courtesy of M. David Moallem, Inc.

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