FL
Brevard
Palm Bay
32905
1568 Water NE Drive
1568 Water NE Drive, Palm Bay, FL 32905
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Listing Type
Lots/Land
Listing Status
Active
5
$4,000,000

Home Details for 1568 Water NE Drive

Price
$4,000,000
Type
Land
Lot size acres
2.46
County
Brevard
Days on site
89
MLS Listing#
1072015
Property Description

Prime commercial development site (BMU) zoned land in one of Palm Bay's fastest-growing corridors. The City of Palm Bay has expressed strong interest in seeing this site activated, with support for multifamily, retail, mixed-use, hospitality, or service-oriented development (buyer to verify). Large, development-ready parcels like this are scarce in PB, that allows for flexible commercial and residential uses. As population growth and infrastructure investment continue to expand across Brevard County, demand for new housing, retail, medical, and lifestyle-oriented projects is accelerating. Opportunities to control nearly 2.5 acres in a strategic location are becoming extremely limited. This site presents developers and investors the ability to create a high-impact project like multifamily apartments, mixed-use residential and retail, hotel, medical or professional office, townhomes, or a destination retail center designed to serve the rapidly expanding surrounding communities.

Property Features
  • Water Features
    • Public
  • Utilities
    • Water Available
School Information
School Information for 1568 Water NE Drive, Palm Bay, FL 32905
Elementary School
Palm Bay Elem
Middle School
Stone
High School
Palm Bay
Listing Courtesy: Relentless Real Estate Co. - 321-302-0763
The data relating to real estate for sale on this website comes in part from the Internet Data exchange program of Brevard MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2026 Brevard MLS. All Rights Reserved.
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Neighborhood Market Statistics
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Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Brevard County MLS (Melborn/Space Coast).
EXIT RIGHT REALTY
2036 14th Ave Ste 103, Vero Beach, FL 32960
Office
772 404 4450
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