$295,000
1998 AGORA Circle SE, Palm Bay, FL 32909, Palm Bay, FL 32909
Port Malabar
- Price
- $295,000
- Beds / Baths
- 0 / 0
- Living area
- 0 sqft
- Year built
- 0
- Type
- Land
- Lot
- 1.87 ac
- Garage
- 0
- HOA
- None
- CDD
- No
- Flood zone
- Unknown
- County
- Brevard
- Days on market
- 96
Rare 1.87-acre RM-2 multifamily residential development opportunity in Palm Bay. Centrally located near Malabar Rd and San Filippo Dr SE with convenient access to shopping, dining, schools, and major roadways. Property is zoned multifamily residential and offers potential for residential development subject to buyer verification with the City of Palm Bay. Existing due diligence materials including surveys and environmental reports available upon request. Excellent opportunity for builders, investors, or multifamily developers.
What to check on this one
- Verify RM-2 zoning permits intended multifamily density and unit count with City of Palm Bay
- Obtain and review existing survey and environmental reports from seller
- Confirm flood zone designation and elevation requirements with Brevard County
- Verify utility availability, capacity, and connection costs for proposed development
- Review site plan approval process, permitting timeline, and developer impact fees
- Confirm property access rights and any easements affecting buildable footprint
Flagged from the listing itself — not an inspection, and no substitute for one. Bring these to the showing.
What this home really costs per month
Loan $236,000 at 6.75% · 30 yr
Not a loan quote. Rate, insurance, and tax are stated assumptions — a lender and an insurance agent give real numbers. Homestead exemption lowers taxes after you file.
Listing courtesy of DOUGLAS ELLIMAN FLORIDA. Data via realMLS (Northeast Florida MLS), updated Jun 16, 2026, 5:17 PM.
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