6950 Babcock Street, Palm Bay, FL 32909
About Property
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.
Essential Property Information
- Price: $4,950,000
- Property Type: Vacantland
- Acres: 18
- Country: USA
- City: Palm Bay
Additional Property Info
- List Price/Acres: $270,935.96 / acre
- Listing ID: 1012051
- Listing Status: Active
- Lot Dimensions: 133 X 600
- Property Type: Vacantland
- State/Province: FL
- Status: Active
- Status Change Date: Thursday, April 25th, 2024
- Street Name: Babcock
- Street Number: 6950
- Street Suffix: Street
- Sub Type: Unimproved Land
- Subdivision: None
- Suffix Dir: SE
- Tax Year: 2023
- Taxes: $6,604.01
- Virtual Tour: Click Here
- Waterfront: No
- Zip Code: 32909
Properties
Search Listings
Use the link to search for more listings near you!
