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0000 Pinewood Drive Ne, Palm Bay, FL – $875,000

  • $875k Price
  • 130,680 Sqft
  • 3 Acres
  • 124 DOM
  • $875k Price
  • 130,680 Sqft
  • 3 Acres
  • 124 DOM

0000 Pinewood Drive Ne

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.

Essential Information

  • MLS® #837734
  • Price$875,000
  • Square Footage130,680
  • Acres3.00
  • TypeVacant Land
  • Sub-TypeResidential
  • StatusActive

Community Information

  • Address0000 Pinewood Drive Ne
  • Area340 - NE Palm Bay
  • SubdivisionNone
  • CityPalm Bay
  • CountyBrevard
  • StateFL
  • Zip Code32905

Amenities

Utilities

City Water Available, Sewer Available

Exterior

Lot Description

Buildable, Corner Lot, Lot - City, Paved Street, Trees, West of US1, Wooded

School Information

  • ElementaryRiviera
  • MiddleStone
  • HighPalm Bay

Additional Information

  • HOA Fees0.00

Listing Details

  • OfficeWaterview Realty Services, LLC
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The information being provided by the Space Coast Association of REALTORS® is exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.