Property Overview

Discover an affordable land investment opportunity in Port Malabar Unit 52 (The Compound), one of Palm Bay's areas attracting attention for future growth and development. This 0.23-acre (10,019 SF) residentially zoned lot offers two potential investment strategies: purchase now as a long-term buy-and-hold investment or explore the possibility of building a single-family residence, subject to zoning, utility availability, permitting, and city approval. Why Consider This Property? Residential Zoning (RS-2): Potential for future single-family residential construction, subject to city requirements. Buy & Hold Potential: An opportunity to acquire land at an affordable entry price while positioning for possible long-term appreciation. Future Development: Located in The Compound, near the planned Phoenix Business Park, where the City of Palm Bay is investing in infrastructure to support future industrial and commercial growth. Growing Market: Palm Bay continues to attract attention for residential and commercial development. Investment Flexibility: Hold for the future, explore residential development, or add vacant land to your investment portfolio. Whether you're a land investor, builder, or someone looking to secure property for the future, this lot is worth exploring.

Property Features

Zoning & Development

Utilities & Hookups

Property Location