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ActiveUnimproved Land

000 Coply Street SE, Palm Bay, FL 32909

Palm Bay, FL 32909 · MLS #1082796
Offered at$2,500,000 Save property

The residence

About this property

Rare opportunity to acquire ±12.12 acres of city-served residential development land in the heart of southeast Palm Bay -- Brevard County's largest and fastest-growing city. Zoned RS-2 single-family and carrying both city water AND sewer. Preliminary due diligence package that de-risks months of feasibility work: a conceptual 33-lot RS-2 subdivision plan and a City of Palm Bay traffic/LOS analysis that confirms the site's arterial connection -- Emerson Drive SE, a four-lane divided minor arterial carrying 17,270 AADT -- operates well within capacity at buildout (V/C 0.47), with no concurrency roadblock to entitlement. The 33-lot concept is a floor, not a cap: the City's own traffic analysis modeled up to 41 dwelling units at maximum allowed density, giving an incoming builder or developer room to optimize the layout and maximize lot yield through the entitlement process. Full central sewer removes the septic-density constraint that limits most Palm Bay land, allowing full RS-2 yield to be realized. The seller is also open to collaborating on final entitlements, and adjacent land may be available for green space, buffer, or open space -- flexibility that can shorten the approval timeline and structure a lower-risk transaction. Access is easy to Malabar Road and I-95.

At a glance

Property details

Property type
Unimproved Land
Listing type
For sale
Status
Active
Lot size
527,947.2 sq. ft.
Subdivision
Port Malabar Unit 9
County
Brevard
Original list price
$2,500,000
Listing date
July 17, 2026
Annual property tax
$1,247 (2025)
Listing agent
Meili Viera Porter
Listing office
Waterman Real Estate Inc.
MLS number
1082796

Neighborhood & location

Explore Port Malabar Unit 9

SubdivisionPort Malabar Unit 9
CityPalm Bay
CountyBrevard
ZIP code32909

Review nearby homes, local services, commute routes, schools, flood information, and community rules as part of your due diligence. Neighborhood information can change and should be verified with the appropriate local authority.

Property location000 Coply Street SE, Palm Bay, FL 32909Open directions

Schools

School information

Elementary school
Turner
Middle school
Southwest
High school
Palm Bay
School district
Brevard Public Schools
School boundaries, programs, ratings, and assignments can change. Confirm directly with the applicable school district.

Plan your purchase

Mortgage calculator

Estimated monthly payment$13,995
Principal & interest
$12,641
Property taxes
$104
Homeowners insurance
$1,250
Estimated total
$13,995

Estimate only. Taxes, insurance, association fees, PMI, interest rate, and lender terms vary. Confirm the actual payment and closing costs with a licensed mortgage professional. Review Florida mortgage and pre-approval guidance.

Listing courtesy of Waterman Real Estate Inc., 321-244-7653.

Data provided by Space Coast MLS. Information is deemed reliable but is not guaranteed accurate by the MLS and should be independently verified. Property availability, price, and details are subject to change without notice.

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