1581 1591 Lakewood Drive

Palm Bay, FL 32905

  • 0 Sqft
  • 0.83
    Acre(Lot)
$320,000

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 strategies

offered 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.

  • Property Type

    Land
  • Subdivision

    Palm Bay Homes Subd
  • County

    Brevard
  • Style

    Land
  • AD ID

    50087936

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BuyOwner last updated this listing 06/07/2025 @ 13:35

  • MLS: 1048129
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: Space Coast MLS (Space Coast Association of REALTORSĀ®)

is a Land, with bedrooms which is for sale, it has 0 sqft, 1 sized lot, and 0 parking. are nearby neighborhoods.