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Property summary
This exceptional 10,454 square foot lot presents a unique investment opportunity in Palm Bay, Florida. Zoned Rs2, it's ideally suited for single-family residential development. Enjoy a desirable location in Port Malabar Unit #15, near Bayside Lakes and the PGA Majors Golf Course. Convenience is key with proximity to essential amenities: a Publix supermarket (3.3 miles/8 minutes), Bayside High and Westside Elementary Schools (4.7 miles/10 minutes), and the Shoppes of Palm Bay (2.0 miles/6 minutes). Beach lovers will appreciate the short 14.3-mile (24-minute) drive to the shores of Indialantic. The property's address is 984 Underhill Avenue SE, Palm Bay, FL 32909, easily accessible from I-95 Exit 173 via Malabar Road, San Filippo Drive SE, Foundation Park Boulevard SE, and Underhill Avenue SE. This lot offers a blend of residential tranquility and convenient access to shopping, schools, and recreational activities, making it an attractive proposition for builders and investors alike. The asking price for this remarkable property is $60,000. This is a rare opportunity to acquire a buildable lot in a highly sought-after area of Palm Bay. Don't miss out on this chance to secure your piece of Florida real estate.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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