Palm Bay Multifamily Development
For Sale
$720,000
1460 Par Street Northeast, Palm Bay, FL 32905
1.97-acre lot zoned for multifamily development with city utilities.
Property Size85,813 SF
Lot Size1.97 Acres
Price / SF$8.39
Days on Market997
Property Features for 1460 Par Street Northeast
General Information
Standard status
Active
Size
85,813 SF
Lot size
1.97 Acres
Property subtype
Land / Unimproved Land
Zoning
Multi Family
Taxes and HOA fees
Annual Taxes
$3,035
Listing Agency:
We Say Sold Inc
(321) 265-9901
Listed By:
Sue Borrelli · License #3308750
(321) 265-9901
Source:
Compass
Added: Nov 29, 2023
Changed: Aug 8
Last Checked: Jul 16 at 8:01AM
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 We Say Sold Inc
Investment Insights
Based on property information with market context.
This 1.97-acre lot is located between Port Malabar Blvd and Par St NE in Palm Bay. Zoned RM 15, Multi-family, the property allows for up to 25 units. The site benefits from city water and city sewer services, along with existing road and utility infrastructure. The surrounding area features townhouses on one side and condos on the other. It is situated in a quiet neighborhood within the Port Malabar Country Club area, making it suitable for multifamily development.
Key Highlights
- 1.97 acre lot zoned RM 15, multi‑family allowing up to 25 units.
- Located in a desirable area between Port Malabar Blvd and Par St NE in Palm Bay.
- City water & city sewer available.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
497
Businesses Nearby
Explore this area
Business Placement
Demographics for 32905, FL
26,064
Population
12,635
Households
2.1
Avg Household Size
45
Median Age
27%
College-Educated
91%
High-School Grad
9.7 sq mi
ZIP Area
2,687
Density / Sq Mi
$56,671
Median Household Income
$31,688
Median Earnings
$1,361
Median Rent
$206,200
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Residential land & home lot - 1.97-acre lot zoned for multifamily development with city utilities.
Where is this residential land & home lot located?
The property is located at 1460 Par Street Northeast Palm Bay, FL.
What is the asking price?
The asking price for this property is $720,000.
What are key features of this property?
This property features: 1.97 acre lot zoned RM 15, multi‑family allowing up to 25 units.; Located in a desirable area between Port Malabar Blvd and Par St NE in Palm Bay.; City water & city sewer available.
