Virtual TourMap

For SaleUnimproved LandActive

1853 Wabun Street NE Sfr

Palm Bay, FL 32905

$1,495,000

135 Days On Site

  • 1.77Acres
  • 1950Built
  • BrevardCounty
Subdivision
Hiawatha Gardens Sec 2
County
Brevard
MLS®
1081416

Overview

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.

Listing Snapshot

Price
$1,495,000
Days On Site
135 Days
Bedrooms
N/A
Inside Area (SqFt)
1,184 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
0
Lot Size
1.77 Acres
Year Built
1950
MLS® Number
1081416
Status
Active
Property Tax
$5,820.7 (2025)
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A

Property Details

General Features

8 items
Acres
1.77
Additional Property Use
Other
Parking
Other
Property Sub Type
Unimproved Land
Sewer
Unknown
SqFt Total
1,184
Utilities
Other
Water Source
Other

Interior Features

3 items
Cooling
Other
Flooring
Other
Heating
Other

Exterior Features

5 items
Construction Details
Other
Fencing
Other
Lot Features
Other
Road Frontage
City Street
Roof
Other

Community Features

1 item
MLS Area
340 - NE Palm Bay

Location

1853 Wabun Street NE Sfr, Palm Bay, FL 32905 · 340 - NE Palm Bay

$2.1M
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Neighborhood & Commute

ZIP Code 32905

Median household income
$55,141
Income per person
$30,870
Households
12,462
Average household size
2.10
Median age
44.9

Source: Walk Score.

Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.

Price & Status History

  1. Listing updated with changes from the MLS®
  2. Listing first seen on site
  3. Status changed to Active

Friends & Family

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Listing courtesy of Reach Commercial Real Estate (321) 300-4773

Stellar MLS

Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2026, Stellar MLS.

Last checked: 2026-11-13 05:45 PM EST

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