0000 Pinewood Drive NE
Palm Bay, FL 32905

Description

This parcel of land is located just east of Babcock Street and north of Palm Bay Road in close proximity to shopping, restaurants, Florida Institute of Technology, main roads, the Indian River (Intra-Coastal Canal) and just 15 minutes from the beach. There are multiple condominium & apartment complexes in the area but with FIT continuing to expand, we are still experiencing a shortage of rentals. This is the perfect opportunity to fill that gap with a development of up to 60 individual units or 48 single family homes on this 3 acre, rectangular parcel of land with frontage on Pinewood Drive on all 4 sides.

Details

MLS#837734
Sub-TypeResale
StatusActive
Days On Site124

Features

Acreage3.00

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Area Information

StateFL
CountyBrevard
CityPalm Bay
Zip Code32905
Area340 - NE Palm Bay
Listing VS Median (in 32905)
Price:
$875,000
low | high
Med:
$139,638
100% of Average
On Site:
124
low | high
Med:
78.5
100% of Average
Listing Updated: 06/26/2019
MLS Number: 837734
Listing Provided By:
Sheryl West Fritz  of  Waterview Realty Services LLC

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