18 Acre Development Site Next to Palm Bay Hospital

1393 Malabar Road NE Palm Bay, FL

  • 18 Acres
  • Land Office Multifamily-Apartment Commercial-Specialty Residential
  • For Sale

Summary Description

The Palm Bay assemblage consists of approximately 18.4 acres of highly visible developable land, perfectly situated for senior or multifamily housing. The property is within walking distance to Palm Bay Hospital and minutes to all the area’s amenities including retail centers, golf courses, nature trails and a straight-shot east to the Atlantic Ocean.

Lot Size: 18 Acres

Area Available: 18 Acres


  • Zoning: RS-2, RM-15 and OP; residential and office
  • Highest and Best Use: Senior housing, multifamily or single family
  • 0.25 miles from Palm Bay Hospital
  • Less than 5 minute drive to all major area amenities
  • Named one of the fastest growing cities in the U.S.
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