Listing Agency: SUNCOAST PROPERTY MANAGEMENT L

Listed By: Kelly Hicks · License #3021641 Show Phone

Source: Compass

Added: Oct 12, 2025 Changed: Oct 16 Last Checked: Oct 24 at 8:04PM

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Investment Insights

Based on property information with market context.

This vacant lot in Palm Bay presents an investment opportunity with flexibility for development. Utilities are accessible via private well and septic. The location is near major roadways, shopping, and amenities, offering potential for long-term appreciation. This lot is suitable for a personal home or a rental property.

Key Highlights

• Prime investment opportunity in Palm Bay's thriving real estate market.
• Flexibility for development: ideal for a personal home or rental property.
• Utilities accessible via private well and septic.

Property Analytics

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Open Analytics

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Hair Salon Big Box & Wholesale Store Pharmacy

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

Location Intelligence

Trade Area within ½ mile

32

Businesses Nearby

Explore this area Business Placement

Demographics for 32908, FL

14,420

Population

5,140

Households

2.8

Avg Household Size

37

Median Age

21%

College-Educated

89%

High-School Grad

19.2 sq mi

ZIP Area

751

Density / Sq Mi

$66,589

Median Household Income

$40,503

Median Earnings

$1,822

Median Rent

$265,500

Median Home Value

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Frequently Asked Questions

What type of property is this?

Land - Investment opportunity: vacant lot near roadways, shopping, and amenities.

Where is this land located?

The property is located at 281 Farmington Street Palm Bay, FL.

What is the asking price?

The asking price for this property is $49,300.

What are key features of this property?

This property features: Prime investment opportunity in Palm Bay's thriving real estate market.; Flexibility for development: ideal for a personal home or rental property.; Utilities accessible via private well and septic.