Land For Sale • 26.59 AC
Exclusive off-market opportunity in Palm Bay, Florida—a 26.5-acre, site plan approved 292 unit garden style development site priced at just $17,000 per buildable unit, with an additional hotel site included at no cost. This project offers a strong mix of residential and hospitality uses, aligning with the area’s growing demand driven by major employers in aerospace, defense, and tech. Current market rents are averaging $2.17/SF. $5M Target price with 2% cooperating broker commission.
| L3Harris HQ – 1.5 miles (±4,900 employees) |
| Renesas Electronics – 0.6 miles |
| Northrop Grumman – 2 miles (±2,000 employees) |
| Palm Bay Road Retail – 1 mile |
| I-95/Malabar Rd Interchange – 2.5 miles |
| Downtown Melbourne – 10 mins, Melbourne Intl. Airport – 7 miles, Beaches – 15 mins |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Melbourne Orlando International | 16 min | - | 6.6 mi |