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311 Mercury Avenue Se, 
Palm Bay, FL 32909

$440,000

—

Bed

—

Bath

-

Sq Ft

1.65

Acres (Lot)

Land

Virtual Tour

Active

Listed by

Cassandra Hartford

Reach Commercial Real Estate

MLS#

1089930

Source:

FL SPACE

About This Land

311 Mercury Avenue Se

The Mercury Ave pair is a 1.65-acre multifamily development site in Palm Bay: two contiguous lots (0.73 and 0.92 acres) zoned RM-20 with High Density Residential future land use. Multifamily is permitted by right at 20 units per acre, a yield of up to 33 units. The site is zoned but not entitled. No site plan, civil engineering, or building plans are in place, and the buyer will need to complete design, site plan approval, and permitting. Agora Village, one block north on the same Port Malabar plat, is site plan approved for 35 units at 19.6 units per acre on a similar footprint. The lots have about 225 feet of combined frontage on Mercury Ave SE and run 320 feet deep. Both are wooded and unimproved. City of Palm Bay water and sewer are available to both lots. Flood Zone X.

Land Facts

Description/Design:

Land

Lot Size (Acres)

1.65

MLS #:

1089930

Added:

2 day(s) ago

Finances & Disclosures

Finances

Price:

$440,000

Source:FL SPACE
Information deemed reliable but not guaranteed. Information is provided, in part, by Brevard MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.