BMU-Zoned Development
1568 Water Drive Northeast Palm Bay, FL 32905
1568 Water Drive Northeast, Palm Bay, FL, 32905
$4,000,000
For Sale
$4,000,000
For-sale BMU-zoned commercial development site totaling nearly 2.5 acres at 1568 Water Drive NE in Palm Bay.
Property Size107,158 SF
Lot Size2.50 Acres
Price / SF$37.33
Days on Market139
Property Features for 1568 Water Drive Northeast
General Information
- Standard status
- Active
- Size
- 107,158 SF
- Lot size
- 2.50 Acres
- Property subtype
- Land / Unimproved Land
Listing agency
Relentless Real Estate Co.
(321) 412-4021
Listed by
Jennifer Brown · License #3592570
(321) 412-4021
Source
Compass
Added: Mar 4 Updated: Jul 20 at 9:14PM Checked: Jul 21 at 8:42AM
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 Relentless Real Estate Co.
Investment Insights
Based on property information with market context.
Offered for sale, this BMU-zoned commercial land parcel at 1568 Water Drive Northeast in Palm Bay, totaling nearly 2.5 acres. The site is presented as a development-ready opportunity suitable for a range of commercial and residential concepts, subject to buyer verification of specific approvals and uses.
Public remarks indicate the City of Palm Bay has expressed interest in seeing the property activated, with support noted for multifamily, retail, mixed-use, hospitality, and service-oriented development. Because the offering is positioned as a larger, flexible parcel, it may be appropriate for developers and investors seeking the ability to structure a project around multiple compatible use types, based on applicable entitlements.
The parcel’s size and BMU zoning are intended to provide flexibility for future site planning and program design. Buyer is advised to verify all development details, including permitted uses and any necessary approvals.
Public remarks indicate the City of Palm Bay has expressed interest in seeing the property activated, with support noted for multifamily, retail, mixed-use, hospitality, and service-oriented development. Because the offering is positioned as a larger, flexible parcel, it may be appropriate for developers and investors seeking the ability to structure a project around multiple compatible use types, based on applicable entitlements.
The parcel’s size and BMU zoning are intended to provide flexibility for future site planning and program design. Buyer is advised to verify all development details, including permitted uses and any necessary approvals.
Key Highlights
- BMU‑zoned commercial development site for sale at 1568 Water Drive NE in Palm Bay
- Nearly 2.5 acres of development‑ready land
- City of Palm Bay expressed interest in activating the site for multifamily, retail, mixed‑use, hospitality, or service‑oriented development (buyer to verify)
Property Analytics
Location Intelligence
Current Use by Public Records
Commercial land
Similar For Sale Nearby
FAQs
What type of property is this?
Commercial land - For-sale BMU-zoned commercial development site totaling nearly 2.5 acres at 1568 Water Drive NE in Palm Bay.
Where is this commercial land located?
The property is located at 1568 Water Drive Northeast Palm Bay, FL.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: BMU‑zoned commercial development site for sale at 1568 Water Drive NE in Palm Bay; Nearly 2.5 acres of development‑ready land; City of Palm Bay expressed interest in activating the site for multifamily, retail, mixed‑use, hospitality, or service‑oriented development (buyer to verify)
