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9500 Babcock St W
Palm Bay, FL 32909

$90,000,000 USD

Land For Sale  •  2,123 AC

Property Details

  • Property Type Land
  • Lot Size 2,123 AC
  • Zoning GU
10 Walk Score

Description 

The Property consists of 2,121+- acres with over one mile of Babcock Street Frontage. Overall concept plan currently submitted to the City of Palm Bay.  Residential Proposed: 2,513 Lots 50 x120 typical lot size. 

Proposed Multi Family:  NORTH PARCEL SURROUNDING THE EXSITING POND: Acreage: 57.7+- (TEN 10) 64 UNIT BUILDINGS. Each Building: (16) 1 Bedrooms , (32)  2 Bedrooms, (16) 3 Bedrooms,  All 4 story buildings. 640 Units Nine(9) 56 UNIT BUILDING. Each Building:(16) 1 Bedrooms, (24) 2 Bedrooms, (16) 3 Bedrooms. All 4 story buildings. 504 Units Total Units: 1,144  SOUTH PARCEL SURROUNDING THE EXISTING POND Acreage: 50+- Ten (18) 64 UNIT BUILDINGS. Each Building (16) 1 Bedrooms, (32) 2 Bedrooms, (16) 3 Bedrooms, All 4 story buildings. 1,604 Units. Total: 2,216. Total Combined Units - 3360 

Current Concept Plan: https://tinyurl.com/yfvff8n5
Property Video and Highlights: https://vimeo.com/ccvideoproductions/review/736863759/b099f34fdd

Highlights

Income-Producing Land Opportunity! A current geological study shows appx $180,000,000 worth of extractible coquina rock.
Property is 2,123 ± acres with over a mile of frontage on Babcock Street 5,800
Project density: 1.5 units per acre / cap of 3,184 living units /Commercial and office use limited to 180,000 sf
Located North of the intersection Babcock Street and the Saint John's Heritage Parkway, with Publix and other national retailers.

Property Flyers

Public Transportation

AirportDriveWalkDistance
Melbourne Orlando International 35 min - 21.0 mi
Michael Dreyer CCIM, ALC 321-508-6422 Dreyer & Associates Real Estate Group
Michael Dreyer CCIM, ALC 321-508-6422 Dreyer & Associates Real Estate Group