Property Description
1853 Wabun St NE: 1.77 acres, direct Indian River Lagoon frontage, Palm Bay. Approved site plan in hand for 35 multifamily units -- 10 one-bed, 20 two-bed, 5 three-bed, averaging 1,149 SF, every unit facing water. Utilities are in. Entitlement risk is gone. A buyer breaks ground instead of fighting a two-year approval process.Plan includes 65 parking spaces, 4 EV chargers, a resort-style pool, mailroom/parcel lockers, and outdoor grilling areas.Palm Bay has land everywhere. It does not have entitled waterfront. Luxury rents run $1,500-$2,200. Waterfront units push $2,400-$3,000+. This site is the scarce side of that spread, already approved.
Property Features
Feature Descriptions
Listed By / Shown By
Listed By
Agency Name: Reach Commercial Real Estate
Agency Phone: 321-300-4773
Shown By
Agent Name: Banke Ayanleke
Agent Phone: (850) 792-4919
Agency Title: Watson Realty Corp., REALTORS ®
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Estimated Payment
$ 7,971.99 per month $7,535.95 Principal & Interest $0.00 Property Tax (data not provided by mls) $436.04 Homeowner's InsuranceChange Payment Information
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1853 Wabun Street Ne, Unit Sfr | MLS# 1081416
This land located at 1853 Wabun Street Ne, Unit Sfr, Palm Bay, FL 32905 is currently listed for sale with an asking price of $1,495,000. The property has approximately 1.77 Acres. Search Palm Bay real estate on www.bankeayanleke.com today.