1505 Kerman Street Southwest Palm Bay, FL 32904

Listing agency Cheryl Smith Realty, Inc c***@lotlady.com Show Phone

Listed by Cheryl L Smith · License #426949 Show Phone

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Added: Mar 31, 2025 Updated: Jul 21 at 5:49AM Checked: Jul 22 at 10:40AM

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Investment Insights

Based on property information with market context.

This recreation land lot is located in an area described as “the compound.” The seller notes that the city is not currently issuing building permits because infrastructure is incomplete, and advises buyers to verify current conditions with the city.

The area is used by many residents for recreation such as riding 4-wheelers and flying model airplanes, subject to the city allowing access. The owner and broker provide no representations regarding if or when the area may become buildable.

Prospective buyers should perform due diligence regarding permitting status, infrastructure completion, and access requirements before proceeding.

Key Highlights

• Recreation lot in the area known as "the compound"
• City is reportedly not issuing building permits due to incomplete infrastructure
• Building use is subject to city approval, and the timing of any change is not guaranteed

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FAQs

What type of property is this?

Recreation land - Recreation lot where building permits are reportedly paused due to incomplete infrastructure; access is subject to city approval.

Where is this recreation land located?

The property is located at 1505 Kerman Street Southwest Palm Bay, FL.

What is the asking price?

The asking price for this property is Off market.

What are key features of this property?

This property features: Recreation lot in the area known as "the compound"; City is reportedly not issuing building permits due to incomplete infrastructure; Building use is subject to city approval, and the timing of any change is not guaranteed