Palm Bay Development
4527 S Babcock Street, Palm Bay, FL 32905
For Sale
$3,950,000
Vacant land for development in Palm Bay, Florida.
Property SizeContact for details
Days on Market972
Property Features for 4527 S Babcock Street
General Information
Standard status
Property subtype
Lease Term
Listing Agency:
EXP Realty LLC
Listed By:
Armando Reis · License FL #3286486
(954) 650-2149
Source:
Onesothebysrealty
Added: Mar 14, 2024
Changed: Nov 10
Last Checked: Nov 10 at 8:23AM
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 EXP Realty LLC
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Investment Insights
Based on property information with market context.
This 8.16-acre vacant land development opportunity is located in Palm Bay, Brevard County, Florida. The property is dual zoned, with approximately 2 acres zoned HC (Highway Commercial) and featuring about 500 feet of frontage on Babcock Street. The remaining approximately 6 acres are zoned RM-20, offering the potential for over 100 units. The site is located approximately 3 miles from the Indian River and provides access to highly rated schools, retail shops, and entertainment options within minutes. This property presents a workforce housing opportunity.
Key Highlights
- Dual zoned (HC & RM‑20) 8.16 acre development opportunity.
- RM‑20 zoning allows potential for 100+ units.
- Approximately 2 acres zoned HC (highway commercial) with 500 feet of frontage on Babcock Street.
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Location Intelligence
Trade Area within ½ mile
392
Businesses Nearby
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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
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Frequently Asked Questions
What type of property is this?
Land - Vacant land for development in Palm Bay, Florida.
Where is this land located?
The property is located at 4527 S Babcock Street Palm Bay, FL.
What is the asking price?
The asking price for this property is $3,950,000.
What are key features of this property?
This property features: Dual zoned (HC & RM‑20) 8.16 acre development opportunity.; RM‑20 zoning allows potential for 100+ units.; Approximately 2 acres zoned HC (highway commercial) with 500 feet of frontage on Babcock Street.
