3 Lots for Sale in Palm Bay, FL

Three Beautiful lots located in Brevard County Florida! Build now or buy for investment. With nearly 103,000 residents, Palm Bay is the second-largest city in Central Florida. Palm Bay is also the 18th most populous city in the Sunshine State and the largest city in Brevard County. The “bass fishing capital of the world” is still growing though. Palm Bay is only 30 percent built out, which leaves room for much more growth in all its sectors. In fact, the city’s website states that Forbes ranked Palm Bay America’s 15th Fastest-Growing City in 2014. According to the Palm Bay Community Guide, 562 citizens organized through the Palm Bay Volunteer Service Corp have saved the city nearly $1 million dollars since 2010.

Zoning: RS-2 — Single-family residential district

Permitted Uses: Single-family dwellings, accessory dwelling units, public parks, playgrounds and other public recreational facilities, public utility equipment and facilities located within a utility easement or right-of-way.

Minimum Setbacks: Front — 25 feet, Side interior — 8 feet, Side corner — 25 feet, Rear — 25 feet.

In order to get approved for a building permit, electricity should be available onsite. As per the planner, electricity may not be available.

Impact fees are around $6,700 for a single family dwelling

The properties are in Flood Zone AE and need to obtain a floodplain permit from Land Development, prior to issuance of a building permit.

Property can close through title company and include warranty deed with title insurance. Closing costs are approx $600 - $800 . Inhouse closing is available with warranty deed for $99. (Property can be insured after purchase).

Owner Finance Options

5 years (10% APR), down payment of $12,000 - monthly payment of $541.80

No credit check. Everyone can buy it. No pre-payment penalty.