1853 Wabun ST NE #Sfr, Palm Bay, FL 32905
1853 Wabun ST NE #Sfr, Palm Bay, FL 32905
1853 Wabun ST NE #Sfr, Palm Bay, FL 32905
1853 Wabun ST NE #Sfr, Palm Bay, FL 32905
1853 Wabun ST NE #Sfr, Palm Bay, FL 32905
1853 Wabun ST NE #Sfr, Palm Bay, FL 32905
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$ 1,495,000
Est. payment | /mo

1,184 SqFt


$ 1,495,000
Est. payment | /mo

1,184 SqFt

Key Details

Property Type Vacant Land, Commercial

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Square Footage 1,184 sqft

Price per Sqft $1,262

Subdivision Hiawatha Gardens Sec 2

MLS Listing ID 1081416

Total Fin. Sqft 1184

Year Built 1950

Annual Tax Amount $5,820

Tax Year 2025

Lot Size 1.770 Acres

Acres 1.77

Property Sub-Type Unimproved Land

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

Land Area 1184

Property Description

1853 Wabun St NE: 1.77 acres, direct Indian River Lagoon frontage, Palm Bay. Approved site plan in hand for 35 multifamily units -- 10 one-bed, 20 two-bed, 5 three-bed, averaging 1,149 SF, every unit facing water. Utilities are in. Entitlement risk is gone. A buyer breaks ground instead of fighting a two-year approval process.

Plan includes 65 parking spaces, 4 EV chargers, a resort-style pool, mailroom/parcel lockers, and outdoor grilling areas.

Palm Bay has land everywhere. It does not have entitled waterfront. Luxury rents run $1,500-$2,200. Waterfront units push $2,400-$3,000+. This site is the scarce side of that spread, already approved.

Location

State FL

County Brevard

Area 340 - Ne Palm Bay

Direction From Melbourne, head south on US-1 into Palm Bay, then turn east off Emerson Dr toward the Turkey Creek area onto Wabun St NE -- the property sits on the north side near San Filippo Dr.

Interior

Heating Other

Cooling Other

Flooring Other

Inclusions Land Only

Exterior

Exterior Feature ExteriorFeatures

Parking Features Other

Fence Other

Utilities Available Other

Roof Type Other

Present Use Other

Road Frontage City Street

Garage No

Building

Lot Description Other

Sewer Unknown

Water Other

Others

Senior Community No

Tax ID 28-37-13-50-0000c.0-0014.00

Virtual Tour https://www.virtualtourcafe.com/mls/10008196

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

Schools and Properties Nearby

Robin Miller

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1853 Wabun ST NE #Sfr