Palm Bay FL Multi Family for Sale

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Type:
Duplex
Sq.Ft.:
1,290
Status:
Active
Beds:
2
Lot size:
0.14 Acres
Year built:
1963
Baths:
2.00
MLS#:
1031581
Subdivision:
Powells Subd

ADDITIONAL INFORMATION

This duplex is located in NE Palm Bay and has 1 bedroom 1 bath on each side. The units have an open floor plan, tile flooring, and is conveniently located near parks, shopping, dining, and less than 10 minutes away from the Indian River and the Beaches. This is a great opportunity to own income producing property.

Type:
Duplex
Sq.Ft.:
1,290
Status:
Active
Beds:
2
Lot size:
0.14 Acres
Year built:
1963
Baths:
2.00
MLS#:
1031580
Subdivision:
Powells Subd

ADDITIONAL INFORMATION

This duplex is located in NE Palm Bay and has 1 bedroom 1 bath on each side. The units have an open floor plan, tile flooring, new roof, and is conveniently located near parks, shopping, dining, and less than 10 minutes away from the Indian River and the Beaches. This is a great opportunity to own income producing property.

Type:
Duplex
Sq.Ft.:
1,290
Status:
Active
Beds:
2
Lot size:
0.28 Acres
Year built:
1963
Baths:
2.00
MLS#:
1031540
Subdivision:
Powells Subd

ADDITIONAL INFORMATION

This duplex is located in NE Palm Bay and has 1 bedroom 1 bath on each side. It sits on an oversized .28 acre lot. The units have an open floor plan, tile flooring, new roof, and is conveniently located near parks, shopping, dining, and less than 10 minutes away from the Indian River and the Beaches. This is a great opportunity to own income producing property.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
8
Lot size:
0.75 Acres
Year built:
1986
Baths:
8.00
MLS#:
1030352
Subdivision:
Port Malabar Unit 40

ADDITIONAL INFORMATION

Presenting a great investment opportunity in the heart of southeast Palm Bay with this four-plex apartment complex on City/Sewer! Each of the four spacious units features two bedrooms, two full baths, and a stackable washer and dryer. Newer ac's on 3 of the units. The interiors boast a mixture of laminate and tile. providing a blend of comfort and style. Each unit includes a dedicated dining room and a spacious living room, ensuring ample space for tenants to enjoy. Situated on a generous 0.75-acre lot, this property not only offers immediate rental income but also the potential for future multifamily development. Seize the chance to enhance your investment portfolio with this prime piece of real estate in a sought-after location. Seller offering ROOF replacement with solid offer!

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.61 Acres
Baths:
MLS#:
1029644
Subdivision:
Port Malabar Unit 40

ADDITIONAL INFORMATION

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.

Type:
Triplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1956
Baths:
MLS#:
R11033111
Subdivision:
High Point Unrec

ADDITIONAL INFORMATION

Discover a lucrative investment with this fully-occupied triplex, strategically positioned directly across the street from the tranquil river. This property offers not only a steady income stream but also significant potential for growth and future development.Collectively generating $5,000 in monthly rental income, the property provides a dependable cash flow. Its proximity to the river enhances the appeal for outdoor enthusiasts interested in boating, fishing, or simply enjoying the scenic waterfront views. Located less than 10 minutes from the beach and vibrant nightlife, this property appeals to individuals looking to enjoy a dynamic coastal lifestyle. Whether you are an investor eager to expand your portfolio or a visionary with grand plans, this opportunity is ripe for the takin

Type:
Duplex
Sq.Ft.:
4,392
Status:
Active
Beds:
8
Lot size:
0.52 Acres
Baths:
4.00
MLS#:
1026256
Subdivision:
Port Malabar Unit 46

ADDITIONAL INFORMATION

Discover the ideal chance to invest in a newly constructed duplex and start earning rental income. This energy-efficient property boasts 4 bedrooms, 2 bathrooms, and a 2-car garage on each side. Enjoy premium features like tile flooring throughout, impact doors and windows, and luxurious tile in the bathrooms. The kitchen comes equipped with stainless steel appliances and stunning granite countertops. The owner's suite offers his and her walk-in closets, while each unit benefits from its own dedicated septic system. It's scheduled for completion at the end of December. Don't miss out on this incredible opportunity—contact us today to schedule a tour of this beautiful duplex!

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Andrea Conner, License #BK3437731, Xome Inc., License #1043756, [email protected], 844-400-9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) Program of the Space Coast Association of REALTORS®, Inc. Real estate listings held by brokerage firms other than the owner of this site are marked with the Space Coast Association of REALTORS®, Inc. logo and detailed information about them includes the name of the listing brokers. Copyright 2024 Space Coast Association of REALTORS®, Inc. All rights reserved.


Andrea Conner, License #BK3437731, Xome Inc., License #1043756, [email protected], 844-400-9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067

All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2024 BeachesMLS, Inc.




Palm Bay Real Estate

The median home value in Palm Bay, FL is $334,995. This is lower than the county median home value of $357,500. The national median home value is $338,100. The average price of homes sold in Palm Bay, FL is $334,995. Approximately 70.99% of Palm Bay homes are owned, compared to 19.7% rented, while 9.32% are vacant. Palm Bay real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Palm Bay real estate agent to arrange a tour today!

Palm Bay, Florida has a population of 118,709. Palm Bay is more family-centric than the surrounding county with 26.32% of the households containing married families with children. The county average for households married with children is 24.34%.

The median household income in Palm Bay, Florida is $55,963. The median household income for the surrounding county is $63,632 compared to the national median of $69,021. The median age of people living in Palm Bay is 40.9 years.

Palm Bay Weather

The average high temperature in July is 90.7 degrees, with an average low temperature in January of 49.3 degrees. The average rainfall is approximately 54 inches per year, with 0 inches of snow per year.

Palm Bay Real Estate Market Conditions

  • Median sales price

    $334,995
    26.8% change since last quarter
  • # Active listings

    2,035
    30-day change

Palm Bay Schools and Demographics

Education near Palm Bay, FL

Metric City County
High School Graduates 89.22 92.49
College Degree - 2 year 12.92 12.61
College Degree - 4 year 21.28 31.68
Graduate Degree 6.2 9.6
Expenditures per Student 10,715 10,715
Students per Teacher 16.4 16.4

Elementary Schools near Palm Bay, FL

School Grades Students P/T Ratio ZIP
Christa McAuliffe Elementary School PK - 06 741 14.3 32907
Columbia Elementary School PK - 06 570 12.7 32909
Discovery Elementary School PK - 06 709 13.4 32907
Gemini Elementary School PK - 06 503 15.2 32951
Indialantic Elementary School PK - 06 762 15.2 32903
John F. Turner, Senior Elementary PK - 06 759 13.3 32909
Jupiter Elementary School PK - 06 844 14.3 32908
Lockmar Elementary School PK - 06 786 13.8 32907
Odyssey Preparatory Charter Academy KG - 06 234 16.7 32909
Palm Bay Academy Charter School KG - 08 621 13.2 32905
Palm Bay Elementary School PK - 06 863 13.1 32905
Port Malabar Elementary School PK - 06 772 13.5 32907
Riviera Elementary School PK - 06 714 13 32905
Royal Palm Charter School KG - 08 354 16.9 32909
South Area Head Start PK - PK 33 16.5 32905
Sunrise Elementary School PK - 06 847 14.4 32909
University Park Elementary School PK - 06 635 12.4 32901
Westside Elementary School PK - 06 769 14.2 32908

Middle Schools near Palm Bay, FL

School Grades Students P/T Ratio ZIP
Herbert C. Hoover Middle School 07 - 08 564 17.1 32903
Southwest Middle School 07 - 08 905 17.1 32909
Stone Magnet Middle School 07 - 08 783 15.7 32901

High Schools near Palm Bay, FL

School Grades Students P/T Ratio ZIP
Bayside High School 09 - 12 1,643 20.8 32908
Heritage High School 09 - 12 1,825 19.8 32907
Melbourne Senior High School 09 - 12 2,131 20.1 32901
Palm Bay Magnet Senior High School 08 - 12 1,598 18.4 32901

Ungraded Schools near Palm Bay, FL

School Grades Students P/T Ratio ZIP
Easter Seals Florida, Inc. AE - AE 0 32909
Odyssey Charter School KG - 12 940 10.3 32909
Odyssey Space Coast Academy UG - UG 0 32909
Palm Bay High Adult Education AE - AE 0 32901
Riverdale Country Day School KG - 12 136 7.6 32905
South Area Adult Education-Day Program AE - AE 0 32901
South Area Adult Education-Night Program AE - AE 0 32901

Demographics near Palm Bay, FL

Metric City County
Neighborhood Type Suburban
Population 118,709 601,573
Population Density 1,214 593
Median Age 40.9 47
People per Household 2.8 2.5
Median Household Income 55,963 63,632
Average Income per Capita 27,695 36,278