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1568 Water Drive

Palm Bay, FL 32905

MLS #: 1072015


Property Type: Vacantland

List Date: 03-16-2026

0 Sq. Ft.


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.


Street

Water Drive

County

Brevard

Listing Status

Active

Tax Year

2025

ZipCode

Subdivision

Palm Bay Map Number 1

Tax Amount

$2,818.43

HOA Dues

$0.00


1568 Water DrivePalm Bay, FL 32905

This listing is courtesy of Relentless Real Estate Co..

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