$2,900,000
Palm Bay, FL 32905
MLS# 1012628
1 / 13
Property Description
Rare Find! Over 7 acres commercial or mixed use development opportunity with 250 ft frontage on Palm Bay Road just east of Babcock St! Build office or retail space with great visibility and high traffic count on Palm Bay Rd and condos in the back. Only 3 Miles from Indian River. A+ Rated Schools, Retail Shops & Entertainment nearby.
Details
Maps
Location, Tax, and Legal
Tax Account: 2831706
Parcel Number: 28-37-22-00-00502.0-0000.00
General County Location: South
Elementary School: Riviera
Middle School: Stone
High School: Palm Bay
Tax Annual Amount: 8822.22
Tax Year: 2023
Tax Legal Description: LOT 10 OF PB 1 PG 164 EXC W 415 FT & RD R/W
Zoning Description: Commercial
Directions: From I-95, turn east on Palm Bay Rd. Property is just past Babcock St on the right.
General Property Information
Road Frontage Feet: 250
Lot Size Acres: 7.1
Lot Size Dimensions: 250X1237
Lot Dimensions Source: Other
Lot Size Square Feet: 309276
Association YN: No
Water Body Access YN: No
Waterfront YN: No
CDD Fee YN: No
List Price/Acre: 408450.7
Currently Not Used
Pool Private YN: No
Remarks and Miscellaneous
Public Remarks: Rare Find! Over 7 acres commercial or mixed use development opportunity with 250 ft frontage on Palm Bay Road just east of Babcock St! Build office or retail space with great visibility and high traffic count on Palm Bay Rd and condos in the back. Only 3 Miles from Indian River. A+ Rated Schools, Retail Shops & Entertainment nearby.
Current Use
Commercial: 1
Listing Terms
Cash: 1
Conventional: 1
Lot Features
Wooded: 1
Pool Features
None: 1
Possession
Close Of Escrow: 1
Road Frontage Type
City Street: 1
Sewer
Public Sewer: 1
Special Listing Conditions
Standard: 1
Utilities
Sewer Available: 1
Water Available: 1
Water Source
Public: 1
Development Status
Raw Land: 1
Showing Requirements
Call Listing Agent: 1
Contract Information
Current Price: $2,900,000
Original List Price: 3200000
List Price: $2,900,000
Status: Active
Listing Contract Date: 2024-05-01
Property Sub Type: Unimproved Land
Location Tax and Legal
Street Number: 1790
Street Name: Palm Bay
Street Suffix: Road
Street Direction Suffix: NE
County: Brevard
State: FL
Postal Code: 32905
MLS Area Major: 340 - NE Palm Bay
Subdivision Name: None
Status Change Information
Major Change Timestamp: 2025-09-22T18:41:34Z
Major Change Type: Price Reduced
Price Change Timestamp: 2025-09-22T18:41:33Z
Status Change Timestamp: 2025-05-02
Property Features
Current Use: Commercial
Development Status: Raw Land
Listing Terms: Cash; Conventional
Lot Features: Wooded
Pool Features: None
Possession: Close Of Escrow
Road Frontage Type: City Street
Sewer: Public Sewer
Showing Requirements: Call Listing Agent
Special Listing Conditions: Standard
Utilities: Sewer Available; Water Available
Water Source: Public
Listing Office: We Say Sold Inc
Last Updated: September - 22 - 2025
Information is deemed to be reliable, but is not guaranteed.