Prime Development Land in Palm
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6950 Babcock St SE, Palm Bay, FL 32909
18-acre parcel in Palm Bay, Florida, with diverse development potential.
Property SizeContact for details
Lot Size18.00 Acres
Days on Market1428
Property Features for 6950 Babcock St SE
General Information
Standard status
Active
Lot size
18.00 Acres
Property subtype
Land
Zoning
Residential
Listing Agency:
PALM BAY LAND
(321) 333-7230
Listed By:
Vahid Rajabian · License #BK3454072
Source:
Crexi
Added: Sep 12, 2022
Changed: Aug 8
Last Checked: Aug 8 at 11:32AM
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 PALM BAY LAND
Investment Insights
Based on property information with market context.
This 18-acre parcel of unentitled land is located along Babcock Street in Southeast Palm Bay. The property is positioned to benefit from planned infrastructure improvements, including future road widening projects. It offers the option to develop as a single parcel or divide into 4-14 or 5-13-acre plots. The current residential land use, coupled with flexible zoning options, opens possibilities for 55+ communities, senior living accommodations, townhome developments, multifamily housing with up to 20 units per acre, and mixed-use developments combining commercial and residential elements. Brevard County recently approved a 3,000-home community just minutes south of this property. Proximity to newly constructed I-95 interchanges (166 and 173) and Palm Bay Hospital, as well as major retailers such as Walmart, Publix, Home Depot, and Lowe’s, adds to the location's appeal. The property is strategically positioned between Jacksonville and Miami, with Orlando just an hour's drive west, and is located along Babcock Street, a key route connecting to Micco, Fellsmere, and Sebastian southward, and Melbourne northward. Water is available at the property, and sewer is readily available nearby. A land study was performed in 2023 along with a survey.
Key Highlights
- Prime 18‑acre development opportunity in rapidly expanding Palm Bay, Florida.
- Flexible development options: can be developed as a single parcel or divided into 4‑14 or 5‑13‑acre plots.
- Diverse development potential: suitable for 55+ communities, senior living, townhomes, multifamily housing (up to 20 units/acre), or mixed‑use developments.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
51
Businesses Nearby
Explore this area
Business Placement
Demographics for 32909, FL
36,789
Population
14,278
Households
2.6
Avg Household Size
42
Median Age
23%
College-Educated
92%
High-School Grad
57.7 sq mi
ZIP Area
638
Density / Sq Mi
$76,708
Median Household Income
$36,071
Median Earnings
$1,502
Median Rent
$261,400
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Land - 18-acre parcel in Palm Bay, Florida, with diverse development potential.
Where is this land located?
The property is located at 6950 Babcock St SE Palm Bay, FL.
What is the asking price?
The asking price for this property is $4,950,000.
What are key features of this property?
This property features: Prime 18‑acre development opportunity in rapidly expanding Palm Bay, Florida.; Flexible development options: can be developed as a single parcel or divided into 4‑14 or 5‑13‑acre plots.; Diverse development potential: suitable for 55+ communities, senior living, townhomes, multifamily housing (up to 20 units/acre), or mixed‑use developments.
