311 Mercury AVE SE, Palm Bay, FL 32909
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311 Mercury AVE SE, Palm Bay, FL 32909
311 Mercury AVE SE, Palm Bay, FL 32909
311 Mercury AVE SE, Palm Bay, FL 32909
311 Mercury AVE SE, Palm Bay, FL 32909
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Brooke Stanfill

Brooke Stanfill

+1(865) 216-5875
$ 440,000
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311 Mercury AVE SE Palm Bay, FL 32909

1.65 Acres Lot

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Subdivision Port Malabar Unit 40

MLS Listing ID 1089930

Annual Tax Amount $1,544

Tax Year 2025

Lot Size 1.650 Acres

Acres 1.65

Property Sub-Type Unimproved Land

Source Space Coast MLS (Space Coast Association of REALTORS®)

Property Description

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.

Location

State FL

County Brevard

Area 342 - Malabar/Grant-Valkaria

Direction East side of Mercury Ave SE in Port Malabar, one block south of Agora Circle SE.

Exterior

Exterior Feature ExteriorFeatures

Utilities Available Other

View Other

Present Use Other

Road Frontage City Street

Garage No

Building

Lot Description Other

Sewer Unknown

Water Other

Schools

Elementary Schools Port Malabar

High Schools Palm Bay

Others

Senior Community No

Tax ID 29-37-03-26-01986.0-0012.00

Security Features Other

Acceptable Financing Other

Listing Terms Other

Special Listing Condition Standard

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Space Coast Association of Realtors (Brevard MLS)
Listed by Reach Commercial Real Estate
Brooke Stanfill

Brooke Stanfill

Agent

+1(865) 216-5875

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311 Mercury AVE SE