±20.7 Acres Residential Development Land | By-Right RS-2 | Preliminary 34–36 Lot Potential | Palm Bay, FL
Rare opportunity to acquire approximately ±20.7 acres of by-right RS-2 residential land within one of Palm Bay's most active residential growth corridors.
Unlike many development sites requiring lengthy entitlement processes, this property is already zoned RS-2, allowing developers to focus on due diligence, engineering, platting, and permitting rather than rezoning. City water is available along Warrior Avenue, eliminating the need for costly off-site water main extensions. The property is not served by central sewer and is anticipated to utilize septic systems, subject to buyer verification and Health Department approvals.
Available Brevard County Natural Resources mapping and historical data indicate approximately 11.5 acres of uplands and approximately 9.15 acres of wetlands. The development concept is intended to preserve and design around the wetlands rather than mitigate them. Preliminary overview suggests the uplands may accommodate approximately 34–36 buildable RS-2 lots, subject to final engineering, governmental approvals, and agency review.
Investment Highlights:
±20.7 acres in an established residential corridor
By-right RS-2 zoning with no rezoning anticipated
City water available along Warrior Avenue
Preliminary development potential of approximately 34–36 residential lots (conceptual)
Strong surrounding residential growth and continued housing demand
Excellent access to Bayside Lakes, I-95, shopping, schools, healthcare, and employment centers
Property offered As-Is
This offering represents a scarce opportunity to acquire a large infill residential tract in a market experiencing continued population growth, expanding household formation, and limited supply of entitled residential land.
Property is owned by the Brevard County School Board. Any accepted contract and closing are contingent upon School Board approval and completion of all applicable statutory public disposition procedures.
Meili Viera Porter
MVP Sales Group of Waterman Real Estate
