Land location: ****, Coconut St SE Palm Bay, FL 32909
Parcel ID# 29-37-08-GL-A
Land has already been cleared.
Coconut Palms Village, Palm Bay, FL (Brevard County) Asking Price: $1,500,000 Estimated ARV: $11,500,000 - $13,000,000 (Finished Retail โ Buyer to Verify) Closing: December 15, 2026
Rare chance to land 11.91 acres of RS-2 zoned residential land with 36 planned homesites already mapped out. Feasibility groundwork is done โ this is a builder's or developer's dream entry point in one of Florida's fastest-growing metro corridors.
Property Snapshot
Property Type: Vacant Lot / Development Land
Total Acreage: 11.91 Acres
Zoning: RS-2 Residential
Planned Homesites: 36
Subdivision Name: Coconut Palms Village
Condition Overview
Raw land with proposed subdivision plat, surveys, engineering, and feasibility studies available. Development approvals subject to buyer verification. Strong head start โ due diligence period through October 26, 2026.
Why This Deal Works
โข 36 planned homesites on nearly 12 acres โ scale from day one
โข RS-2 zoning aligned with intended residential development
โข Plat, surveys & engineering already in progress
โข Palm Bay is one of Brevard County's highest-growth markets
โข $1.5M entry on a potential $13M+ retail buildout
Ideal for: Ground-Up Developer Builder/Investor Land Banking
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More About This Property
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Figures from the seller unless a line says otherwise. Verify before you close.