1581 1591 Lakewood Drive
Palm Bay, FL 32905
MLS #: 1048129
Property Type: Vacantland
List Date: 06-05-2025
0 Sq. Ft.
Zoning: Residential
Property Description
For Sale: 16-Unit Approved Multifamily Site Plan Approved - Prime Palm Bay Location - Only $20, 000 Per Approved Unit!Unbeatable Value | Premium Location | Multiple Exit StrategiesOffered at just $320, 000 ($20, 000 per approved unit), this is the best-priced, ready-to-build multifamily opportunity in Palm Bay's most dynamic growth corridor.- Site Plan Approved for 16 Units: - 8 spacious 3-bedroom, 2-bath units -8 well-designed 2-bedroom, 2-bath units- Each unit features in-unit washer and dryer hookups for maximum tenant appeal- All Utilities at the Curb:- Separate electric and water meters for each unit, allowing for easy individual billing, reduced operating costs, and flexibility for future condo sales or rental management.-Shovel-Ready: - Cleared lot, all city approvals in place, and utilities available--start building immediately and save months of permitting delays.
1581 1591 Lakewood DrivePalm Bay, FL 32905
This listing is courtesy of Property360.
Real Estate and Luxury homes in Melbourne Beach, Merritt Island, Cocoa Beach, Lansing Island, Tortoise Island, Vero Beach, Barefoot Bay, Cape Canaveral, Cocoa, Grant Valkaria, Indialantic, Indian Harbour Beach, Malabar, Melbourne, Palm Bay, Rockledge, Satellite Beach, Titusville, West Melbourne and surrounding areas in Brevard and Central Florida.
Property Listing Data contained within this site is the property of Brevard MLS and is provided for consumers looking to purchase real estate. Any other use is prohibited. We are not responsible for errors and omissions on this web site. All information contained herein should be deemed reliable but not guaranteed, all representations are approximate, and individual verification is recommended.