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$440,000
Monthly Est:$2,190
-- Bed
-- Bath
1.65acres lot
311 Mercury Ave SE, Palm Bay, FL 32909
$440,000
$2,190/moEst:
Get Pre-Approved
Unimproved Land
Built in -
$-- HOA
1.65 acres lot
$266,667/acre
Description
The Mercury Ave pair is a 1.65-acre multifamily development site in Palm Bay: two contiguous lots (0.73 and 0.92 acres) zoned RM-20 with High Density Residential future land use. Multifamily is permitted by right at 20 units per acre, a yield of up to 33 units. The site is zoned but not entitled. No site plan, civil engineering, or building plans are in place, and the buyer will need to complete design, site plan approval, and permitting. Agora Village, one block north on the same Port Malabar plat, is site plan approved for 35 units at 19.6 units per acre on a similar footprint. The lots have about 225 feet of combined frontage on Mercury Ave SE and run 320 feet deep. Both are wooded and unimproved. City of Palm Bay water and sewer are available to both lots. Flood Zone X.
- Houzeo last checked: 12 hours ago
- Listing updated: October 13, 2026 at 7:15 pm
- Listing Provided by: Cassandra Hartford (321) 300-4773 | Reach Commercial Real Estate (321) 300-4773
- Source: Space Coast MLS (Space Coast Association of REALTORS®)-FL | MLS#: 1089930
Property Details
Status
Active
Type
Land
No. of Stories
-
County
City
Neighborhood
--
Year Built
-
HOA Fees
-
Finished Area
- sqft
Lot Size
1.65 acres lot
Basement Area
- sqft
MLS Name
Space Coast MLS (Space Coast Association of REALTORS®)
MLS Number
1089930
MLS Status
Active
Days on Market
21
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Sewer
Unknown
Utilities & Energy
Water Source
Other
Utilities
Other
Security Features
Other
Other Features
Subdivision Name
Port Malabar Unit 40
Lot Features
Other
Price History
| Date | Event | Price |
|---|---|---|
10/13/2026 Source: | Listed for Sale | $440,000 $0/sqft |
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Based on information from the Space Coast MLS through Nov 02, 2026, 02:15PM. Information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 Space Coast Association of Realtors®. All Rights Reserved.
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