310 Mercury Ave Palm Bay, FL 32909

This exceptional 28,314 square foot lot, located at 310 Mercury Avenue SE in Palm Bay, Florida (zip code 32909), presents a remarkable investment opportunity. Zoned for multifamily development, this property offers significant potential for building apartments in a high-demand market. The land is conveniently situated and boasts readily available city water and electric connections, streamlining the development process and minimizing upfront infrastructure costs. A key advantage is the lot's ideal grade, eliminating the need for expensive land filling or leveling, thus saving considerable time and resources during construction. This translates to a faster project timeline and enhanced profitability. The property's classification includes Commercial, Apartment Building, and Residential designations, reflecting its versatility and suitability for various development plans. This is a rare chance to capitalize on the thriving Palm Bay real estate market and build a substantial investment portfolio. Act quickly to secure this exceptional opportunity before it's gone. The asking price for this prime lot is $159,900.