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1984 Agora Cir SE - Development Parcel 1.87 Acres of Residential Land Offered at $410,130 CAD in Palm Bay, FL 32909



Investment Highlights
- Multifamily Development Opportunity in Rapidly Growing Palm Bay
- Existing Due Diligence Package Available to Qualified Buyers
- Strong Space Coast Growth Corridor Near Major Employers & I-95
Executive Summary
Data Room Click Here to Access
Property Facts
| Price | $410,130 CAD | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 1.87 AC |
| Property Type | Land | ||
| Zoning | RM-2 - RM-2 Multifamily Residential zoning intended for medium-density multifamily residential development. Buyer to verify allowable use. | ||
| Price | $410,130 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 1.87 AC |
| Zoning | RM-2 - RM-2 Multifamily Residential zoning intended for medium-density multifamily residential development. Buyer to verify allowable use. |
1 Lot Available
Lot
| Price | $410,130 CAD | Lot Size | 1.87 AC |
| Price Per AC | $219,320.67 CAD |
| Price | $410,130 CAD |
| Price Per AC | $219,320.67 CAD |
| Lot Size | 1.87 AC |
1.87-acre RM-2 Multifamily Residential Development Opportunity
Description
Rare 1.87-acre multifamily residential development opportunity located in the rapidly growing Palm Bay market of Brevard County, Florida. Zoned RM-2 Multifamily Residential, the property is strategically positioned near Malabar Road and San Filippo Drive SE, providing convenient access to major retail corridors, medical services, schools, and regional transportation routes. The surrounding area continues to experience significant residential and commercial growth driven by expansion throughout the Space Coast region, including continued demand for workforce and multifamily housing supporting aerospace, defense, technology, and healthcare employment sectors. Nearby employers and economic drivers include L3Harris Technologies, Northrop Grumman, Health First, and the broader Space Coast aerospace corridor. The site consists of approximately 1.87 acres of vacant residential land with existing due diligence materials available, including surveys, environmental reports, and feasibility-related documentation. The parcel offers an attractive opportunity for multifamily developers, builders, and investors seeking infill residential development within one of Florida’s fastest-growing regions. Conveniently located within minutes of: Malabar Road retail and dining corridor I-95 interchange access Palm Bay Regional Park Eastern Florida State College Major employment centers throughout Melbourne and Palm Bay Approximately 20 minutes to Melbourne Orlando International Airport Buyer to independently verify zoning, density, utilities, development requirements, and intended use with the City of Palm Bay.
Property Taxes
| Parcel Number | 29-37-03-26-01981.0-0011.00 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $408,450 CAD |
Property Taxes
Presented by
1984 Agora Cir SE - Development Parcel
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