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Multifamily RM-20 Development Land
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1981 Convair Street SE, Palm Bay, FL 32909

RM-20 zoned multifamily land suitable for up to 36 affordable housing units.

Property SizeContact for details
Lot Size1.83 Acres
Days on Market121

Property Features for 1981 Convair Street SE

General Information

Standard status Active
Lot size 1.83 Acres
Property subtype Multifamily, Land
Zoning RM-20

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Multifamily Units 36
Listing Agency: Bird Realty Group, Inc
Listed By: Terry T Torres · License #BK502937 FL
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Apr 11 at 11:38PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Bird Realty Group, Inc

Investment Insights

Based on property information with market context.

This is 1.83 acres of multifamily land zoned RM-20, described as suitable for up to 36 affordable housing units. The site is bordered by residential properties to the west and south, with a lake to the north.

The property is located just south of the Malabar Road I-95 interchange, providing easy access to Babcock Road and I-95.

For buyers and developers focused on multifamily affordable housing, this tract offers a straightforward zoning-fit description and a clear surrounding residential-and-water context based on the available information.

Key Highlights

  • 1.83‑acre RM‑20 zoned multifamily land suitable for up to 36 affordable housing units.
  • Located just south of the Malabar Road I‑95 interchange with easy access to Babcock Road and I‑95.
  • Residential properties are to the west and south, with a lake to the north.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Grocery & Convenience Store (Bike/Boat/Book/etc) Store Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

36
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

619
Businesses Nearby

Demographics for 32909, FL

36,789
Population
14,278
Households
2.6
Avg Household Size
42
Median Age
23%
College-Educated
92%
High-School Grad
57.7 sq mi
ZIP Area
638
Density / Sq Mi
$76,708
Median Household Income
$36,071
Median Earnings
$1,502
Median Rent
$261,400
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - RM-20 zoned multifamily land suitable for up to 36 affordable housing units.
Where is this residential land & home lot located?
The property is located at 1981 Convair Street SE Palm Bay, FL.
What are key features of this property?
This property features: 1.83‑acre RM‑20 zoned multifamily land suitable for up to 36 affordable housing units.; Located just south of the Malabar Road I‑95 interchange with easy access to Babcock Road and I‑95.; Residential properties are to the west and south, with a lake to the north.
More about this property
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