Address
770 Coconut Street SE, Palm Bay, FL
Price
$ 1,275,000
Property Attributes
  • MLS#953737
  • TypeLand
  • CountyBREVARD
  • CityPalm Bay
  • AreaSE Palm Bay
  • NeighborhoodPort Malabar Unit 11
  • Zip32909
  • StyleUnimproved Land
  • Taxes$ 4118
  • Price$ 1,275,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size11.91 Acres
Data Source:
Space Coast AOR
Property Description

The Coconut Street Lot is a developers dream. This perfectly rectangular 11.91 acre parcel has been rezoned RS-2 and pre-approved to allow for 36 homes on the site. With RS-2 zoning approval for higher density, each lot will be minimum 7500 sq/ft. Environmental Study has been performed. Boundary, Topography and Plat Surveys have also been completed and available. Listing agent has project development pro-forma available with signed non-Disclosure. This could be the last of the Mohicans in this section SE Palm Bay to build multiple homes on one site. This is a fully developed community that offers nearby major roads and highway entrances, retail shopping centers, grocery stores and excellent schools.

Elementary School Middle School High School
Turner Elementary School Southwest Middle School Heritage High School
Price History
1/4/2023 Listed $1,550,000
8/18/2023 10% - $1,400,000
2/8/2024 9% - $1,275,000

General Features

Utilities Cable Available,Water Available
Possession Close Of Escrow
Property SubType Unimproved Land
Tax Year 2022
Current Use Residential,Single Family
County Brevard
Property Type Land
HOA / Comm Assn No
Subdivision Name Port Malabar Unit 11
Status Active
Directions From Emerson Drive head west on Coconut Street 500 ft. Coconut Street lot will be on your right hand or the South Side of the road.
High School Heritage
City Palm Bay
View Y/N No
Senior Community Y/N No
MLS Area 343 - SE Palm Bay
Lot Size Square Feet 518800.0
Waterfront Y/N No
Street Name Coconut
Elementary School Turner
Land Lease Y/N No
Tax Annual Amount 4118.54
Home Warranty Y/N No
Middle/Junior High School Southwest
Lease Renewal Y/N No
MLS Area Minor 343 - SE Palm Bay
Lease Considered Y/N No
Standard Status Active
MobileHomeRemainsYN No
Legal Description PORT MALABAR UNIT 11 TRACT A

Interior Features

Basement (Y/N) No
Street Suffix Street
Electric On Property Y/N No

Exterior Features

Lot Features Many Trees
Lot Size Area 11.91
Spa No
Lot Dimensions 858 x 605
Lot Size Acres 11.91
Road Surface Type Paved
Lot Size Units Acres
Number of Lots 36
Crops Included Y/N No
Open Parking Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 32909

Price
AVG $640K
$1.28M
Taxes
AVG $908
$4,118
Visits
AVG 157
422
Data Provided by Inside Real Estate®