Palm Bay Development
For Sale
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3370 Dixie Hwy NE, Palm Bay, FL 32905
21.83 acre development site approved for multifamily and commercial use.
Property SizeContact for details
Lot Size21.83 Acres
Days on Market738
Property Features for 3370 Dixie Hwy NE
General Information
Standard status
Active
Lot size
21.83 Acres
Property subtype
Land
Listing Agency:
Franklin Street
(904) 899-0310
Listed By:
Cooper Folds · License #SL3615766
Source:
Crexi
Added: Aug 1, 2024
Changed: Aug 8
Last Checked: Aug 8 at 4:20AM
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 Franklin Street
Investment Insights
Based on property information with market context.
This 21.83 acre property in Palm Bay, Florida, presents a development opportunity. It is zoned, entitled, and site plan approved for over 300 multifamily units, and includes a 1.9 acre commercial outparcel. The county has indicated support for a variance or modification that could allow for additional commercial acreage, offering flexibility for mixed-use or expanded retail components. Situated at a signalized intersection, the site benefits from approximately 31,500 vehicles per day on Old Dixie Highway NE and 11,400 vehicles per day on the intersecting corridor, providing frontage, visibility, and access. Palm Bay is experiencing residential growth and employment expansion, creating sustained demand for multifamily housing and neighborhood retail.
Key Highlights
- Site plan approved and entitled for 300+ multifamily units and a 1.9± acre commercial outparcel.
- Located at a signalized intersection with high traffic counts (31,500± VPD on Old Dixie Hwy NE and 11,400± VPD on intersecting corridor).
- Zoned for multifamily development with potential for additional commercial acreage.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
200
Businesses Nearby
Explore this area
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - 21.83 acre development site approved for multifamily and commercial use.
Where is this commercial land located?
The property is located at 3370 Dixie Hwy NE Palm Bay, FL.
What is the asking price?
The asking price for this property is $11,000,000.
What are key features of this property?
This property features: Site plan approved and entitled for 300+ multifamily units and a 1.9± acre commercial outparcel.; Located at a signalized intersection with high traffic counts (31,500± VPD on Old Dixie Hwy NE and 11,400± VPD on intersecting corridor).; Zoned for multifamily development with potential for additional commercial acreage.
