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Vacant Land

17 Acres Mixed-Use and Residential Land

961 Palm Bay Road NE, Melbourne, Florida 32904

Sold: $1,900,000
Updated Sep 30, 2026
Categories Multi-Family Mixed Use

About this property

MIXED USE DEVELOPMENT LAND – Commercial • Retail • Multifamily

USES:
Mixed Use – front 11± acres
Medium Density Residential – back 6± acres

FRONTAGE: 480 feet road frontage

PARCEL ID: 28-37-20-00-00009.0-0000.00

TAX ACCOUNT: 2829532

ZONED: FLU – Mixed Use/Med Density Residential – City of Melbourne

ACCESS: Palm Bay Rd.

UTILITIES: Telephone – Multiple carriers
Electric – FP&L
Water & Sewer – Melbourne Utilities

FLOOD ZONE: X

INCOME: Billboard lease – Clear Channel Outdoor, Inc.

LOCATION: Palm Bay Rd. is a six-lane east/west corridor and Palm Bay’s major retail artery. Palm Bay Rd extends from US 1 to the east all the way to Minton Rd to the west with I-95 only .7 miles to the west of the subject site.

DISTANCES:
.7 mile I-95 & Palm Bay Rd. interchange
4 miles US 1
3.6 miles US 192 via Dairy Rd.
5.9 miles Melbourne International Airport

TRAFFIC COUNTS: Palm Bay Rd. NE 41,820 AADT (2013)

Property details

Property Type
Land
Building Type
Freestanding
Land Size
17.15 acres
Zoning
FLU - Mixed Use/Med. Den Resid

Documents 1 file

961-Palm-Bay-Rd.-Sale-Flyer.pdf 2.4 MB

Last updated: Sep 30, 2026

Location

Address
961 Palm Bay Road NE
Melbourne, Florida 32904
The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.