1581 1591 Lakewood
Palm Bay, FL 32905
Map
- – beds
- – baths
- – sqft
- ~3/4 acre lot
- – on site
For Sale: 16-Unit Approved Multifamily Site Plan Approved - Prime Palm Bay Location - Only $20,000 Per Approved Unit! Unbeatable Value | Premium Location | Multiple Exit Strategies Offered at just $320,000 ($20,000 per approved unit), this is the best-priced, ready-to-build multifamily opportunity in Palm Bay's most dynamic growth corridor. - Site Plan Approved for 16 Units: - 8 spacious 3-bedroom, 2-bath units -8 well-designed 2-bedroom, 2-bath units - Each unit features in-unit washer and dryer hookups for maximum tenant appeal - All Utilities at the Curb: - Separate electric and water meters for each unit, allowing for easy individual billing, reduced operating costs, and flexibility for future condo sales or rental management.
Last checked:
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Last updated Jun 9, 2025
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MLS# A11816604 —
The Building
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Building Features:NotApplicable
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Direction Faces:East
Financial & Terms
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Possession:CloseOfEscrow
The Property
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Parcel Number:281799
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Property Type:Land
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Property Subtype:Residential
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Property Subtype Additional:Residential
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# of Lots:1
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Lot Size Acres:0.83
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Lot Size Units:SquareFeet
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Waterfront:false
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Waterfront Features:Creek
Listing Agent
- Contact info:
- Agent phone:
- (321) 405-9050
- Office phone:
- (321) 999-9615
Taxes
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Tax Year:2024
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Tax Annual Amount:$1,688
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Tax Legal Description:PALM BAY HOMES SUBD LOTS 5,6 BLK 5
The Listing
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Virtual Tour Unbranded:
The Community
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Subdivision Name:Palm Bay Homes Subd
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Development Status:RawLand
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
6/5/25
Jun 5, 2025
|
Listed / Active | MLSM | $320,000 |
