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2374 Kentucky Dr Palm Bay, FL 32908

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0.24-acre lot, future development potential.

Description

Added:
Dec 11, 2024
Days on Market:
411
This exceptional 10,454 square foot commercial land parcel, located at 2374 SW Kentucky Drive, Palm Bay, Florida 32908, presents a unique investment opportunity. Situated in Port Malabar Unit 52, this 0.24-acre lot is currently unbuildable. However, it holds significant future potential for residential development, contingent upon the city's planned expansion and infrastructure improvements in the area. The property's proximity to Bayside Lakes, approximately 3 miles away, adds to its appeal. While the seller has limited knowledge of the property's specific details beyond its size and potential for future development, this presents a chance for a forward-thinking investor to capitalize on the anticipated growth and transformation of this section of Palm Bay. The asking price for this land is $21,500. This is a prime opportunity for an investor with a long-term vision to acquire a strategically located parcel with substantial upside potential. The property is zoned for commercial use, but future residential development is anticipated. All interested parties are encouraged to conduct their own due diligence regarding zoning regulations and future development plans.

Property Features for 2374 Kentucky Dr

General Information

Property type
Land

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Listing Contact
Norma Rhoden

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HighLights

  • $21,500 asking price.
  • 10,454 square foot commercial land parcel.
  • Located at 2374 SW Kentucky Drive, Palm Bay, FL 32908.
  • Currently unbuildable, but potential for future residential development.
  • Approximately 3 miles from Bayside Lakes.
Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Building Supply Auto Repair Shop Clothing Store Hotel & Motel Kitchen & Bath Travel Agency Bed & Breakfast Plumbing Service Carpet & Flooring Store Shoe Repair

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Palm Bay
County
Brevard
State
Florida
Longitude
-80.715292
Latitude
27.936991

FAQs

What type of property is this?
Land - 0.24-acre lot, future development potential.
Where is this land located?
The property is located at 2374 Kentucky Dr Palm Bay, FL.
What is the asking price?
The asking price for this property is $21,500.
What are key features of this property?
This property features: $21,500 asking price.; 10,454 square foot commercial land parcel.; Located at 2374 SW Kentucky Drive, Palm Bay, FL 32908.
More about this property
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