For SaleUnimproved LandActive
311 Mercury Avenue SE
Palm Bay, FL 32909
$440,000
28 Days On Site
- 1.65Acres
- BrevardCounty
- Subdivision
- Port Malabar Unit 40
- County
- Brevard
- MLS®
- 1089930
Overview
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.
Listing Snapshot
- Price
- $440,000
- Days On Site
- 28 Days
- Bedrooms
- N/A
- Inside Area (SqFt)
- N/A
- Total Baths
- N/A
- Full Baths
- N/A
- Partial Baths
- N/A
- Lot Size
- 1.65 Acres
- Year Built
- N/A
- MLS® Number
- 1089930
- Status
- Active
- Property Tax
- $1,544.14 (2025)
- HOA/Condo/Coop Fees
- N/A
- Sq Ft Source
- N/A
Property Details
General Features
8 items
- Acres
- 1.65
- Additional Property Use
- Other
- Property Sub Type
- Unimproved Land
- Security
- Other
- Sewer
- Unknown
- Special Circumstances
- Standard
- Utilities
- Other
- Water Source
- Other
Exterior Features
4 items
- Lot Features
- Other
- Road Frontage
- City Street
- View
- Other
- Waterview
- Other
Community Features
1 item
- MLS Area
- 342 - Malabar/Grant-Valkaria
Location
311 Mercury Avenue SE, Palm Bay, FL 32909 · 342 - Malabar/Grant-Valkaria
Neighborhood & Commute
ZIP Code 32909
- Median household income
- $69,701
- Income per person
- $31,496
- Households
- 14,890
- Average household size
- 2.64
- Median age
- 40.4
Source: Walk Score.
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
Schools
- Elementary School
- Port Malabar
- Middle School
- Stone
- High School
- Palm Bay
Price & Status History
- Listing updated with changes from the MLS®
- Status changed to Active
- Listing first seen on site
Friends & Family
Similar Listings
For sale in Palm Bay, unimproved land, within 20% of this price.
