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!
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.
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!
The median home value in Palm Bay, FL is $301,500. 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 $301,500. 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 32909 has a population of 118,709. Palm Bay 32909 is more family-centric than the surrounding county with 27.91% 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 32909 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 32909 is 40.9 years.
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.