1853 Wabun ST NE #Sfr, Palm Bay, FL 32905
See all 15 photos
1853 Wabun ST NE #Sfr, Palm Bay, FL 32905
1853 Wabun ST NE #Sfr, Palm Bay, FL 32905
1853 Wabun ST NE #Sfr, Palm Bay, FL 32905
1853 Wabun ST NE #Sfr, Palm Bay, FL 32905
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,495,000
Est. payment /mo
New

1853 Wabun ST NE #Sfr Palm Bay, FL 32905

1,184 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,184 sqft

Price per Sqft $1,262

Subdivision Hiawatha Gardens Sec 2

MLS Listing ID 1081416

Total Fin. Sqft 1184

Year Built 1950

Annual Tax Amount $5,820

Tax Year 2025

Lot Size 1.770 Acres

Acres 1.77

Property Sub-Type Multi Family

Source Space Coast MLS (Space Coast Association of REALTORS®)

Land Area 1184

Property Description

1853 Wabun St NE: 1.77 acres, direct Indian River Lagoon frontage, Palm Bay. Approved site plan in hand for 35 multifamily units -- 10 one-bed, 20 two-bed, 5 three-bed, averaging 1,149 SF, every unit facing water. Utilities are in. Entitlement risk is gone. A buyer breaks ground instead of fighting a two-year approval process.

Plan includes 65 parking spaces, 4 EV chargers, a resort-style pool, mailroom/parcel lockers, and outdoor grilling areas.

Palm Bay has land everywhere. It does not have entitled waterfront. Luxury rents run $1,500-$2,200. Waterfront units push $2,400-$3,000+. This site is the scarce side of that spread, already approved.

Location

State FL

County Brevard

Area 340 - Ne Palm Bay

Direction From Melbourne, head south on US-1 into Palm Bay, then turn east off Emerson Dr toward the Turkey Creek area onto Wabun St NE -- the property sits on the north side near San Filippo Dr.

Interior

Heating Other

Cooling Other

Flooring Other

Inclusions Land Only

Exterior

Exterior Feature ExteriorFeatures

Parking Features Other

Fence Other

Utilities Available Other

Roof Type Other

Present Use Other

Road Frontage City Street

Garage No

Building

Lot Description Other

Sewer Unknown

Water Other

Others

Senior Community No

Tax ID 28-37-13-50-0000c.0-0014.00

Virtual Tour https://www.virtualtourcafe.com/mls/10008196


Space Coast Association of Realtors (Brevard MLS)
Listed by Reach Commercial Real Estate

NEARBY SCHOOLS & PROPERTIES

Eric Larkin

Eric Larkin

Broker Associate | BKBK3049217

+1(321) 795-1854

GET MORE INFORMATION

Name
Phone*
Message

Go tour this home

1853 Wabun ST NE #Sfr