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$4,950,000
170 Days Online

6950 Babcock Street SE
Palm Bay, FL 32909

For Sale|Unimproved Land|Active
0
Beds
0
Full Baths
0
Partial Baths

SqFt

/SqFt

Built
Subdivision:
None
County:
Brevard

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321-254-0688
6950 Babcock Street SE6950 Babcock Street SE6950 Babcock Street SE6950 Babcock Street SE
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Discover a prime real estate opportunity in the thriving city of Palm Bay, Florida. This remarkable property offers 18 acres of unentitled land, providing a blank canvas for single or multi-use development. Whether you seek a substantial parcel or a more tailored portion. The future potential for this land is vast, making it an attractive investment opportunity for various prospects: a quaint 55+ community with a density of 4 to 6 units per acre, senior living accommodations, town homes, and multifamily housing with a density of up to 20 units per acre. Also, Commercial, or a mix of the two. Situated along Babcock Street, a well-traveled thoroughfare in Southeast Palm Bay, this property benefits from its proximity to planned future widening projects. The expansion is a response to the growing number of residents in the area, access to major infrastructure and with the newly built I-95 interchanges (166 and 173) nearby are the key features of this location. Discover a prime real estate opportunity in the thriving city of Palm Bay, Florida. This remarkable property offers 18 acres of unentitled land, providing a blank canvas for single or multi-use development. Whether you seek a substantial parcel or a more tailored portion, this offering can be divided into 4-14 or 5-13-acre plots, allowing for endless possibilities. The future potential for this land is vast, making it an attractive investment opportunity. Consider the various prospects: a quaint 55+ community with a density of 4 to 6 units per acre, senior living accommodations, town homes, and multifamily housing with a density of up to 20 units per acre. Situated along Babcock Street, a well-traveled thoroughfare in Southeast Palm Bay, this property benefits from its proximity to planned future widening projects. The expansion is a response to the growing number of residents in the area, access to major infrastructure is a key feature of this location, with the newly built I-95 interchanges (166 and 173) nearby. Additionally, Palm Bay Hospital, and major retail giants such as Walmart, Publix, Home Depot, and Lowes, are all just minutes away. Babcock Street serves as a crucial route to destinations southward to Micco, Fellsmere, and Sebastian, and northward to Melbourne. Palm Bay itself is experiencing significant growth and is strategically positioned in eastern central Florida, making it an ideal hub between Jacksonville and Miami. With its proximity to Orlando, just an hour's drive west, and its easy access to major highways, The current land use is residential, with zoning subject to your desired specifications. Utilities are close by, and the city gives concessions for the cost through credit on impact fees and future rebates. To explore this unique opportunity further, take advantage of our 30-day free look period. For inquiries and additional information, please contact Vahid Rajabian at 321-333-7230 or via email at vahid@palmbayland.com. Invest in the future of Palm Bay, where growth knows no bounds, and seize this exceptional real estate offering today.

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Listing Snapshot
Price 
$4,950,000
Days Online 
170 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
18.27 Acres
Year Built 
N/A
MLS® Number 
1012051
Status 
Active
Property Tax 
$6,604.01
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
6 months agoStatus changed to Active
6 months agoListing first seen online
6 months agoListing updated with changes from the MLS®
General Features
Acres 
18.27
Additional Property Use 
Unimproved
Property Sub Type 
Unimproved Land
Sewer 
Septic Tank
Special Circumstances 
Standard
Utilities 
Electricity AvailableSewer Not AvailableWater Available
Water Source 
Public
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Exterior Features
Lot Features 
Corner LotSplit PossibleWooded
Pool Features 
None
Road Frontage 
City Street
Community Features
Financing Terms Available 
Cash
MLS Area 
343 - SE Palm Bay
Roads 
AsphaltPaved
Schools
School District
Unknown
Elementary School
Columbia
Middle School
Stone
High School
Bayside
Listing courtesy of M. David Moallem, Inc

The data relating to real estate shown on this website comes in part from the Internet Data Exchange (IDX) program of Space Coast Association of REALTORS®, Inc. 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. All data is deemed reliable but is not guaranteed accurate.

Neighborhood & Commute
Source: Walkscore
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