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Land for Sale in Palm Bay, Florida

Coply St SE, Palm Bay, FL 32909

$1,900,000
12.1 acres
Active sale
$600k drop
Est $13,476/mo

Rare opportunity to acquire +/-12.12 acres of fully 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 with both city water AND sewer, this site arrives with a preliminary due diligence package that de-risks months of feasibility work for an incoming builder or developer. Three independent conceptual subdivision designs have been completed, each demonstrating the site's flexibility and yield potential under RS-2 zoning. The baseline concept delivers 33 finished lots; alternative layouts push the yield to 41+ lots at maximum allowable density - giving a buyer multiple proven development paths to evaluate and optimize through the entitlement process. The City's own traffic and Level of Service (LOS) analysis confirms the site's primary 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. 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.

Location

Street address
Coply St SE
Zip code
32909
Community
Port Malabar Unit 9
Elevation
30 feet
Coordinates
27.9936, -80.6461

Directions

I-95 to Malabar Rd, east to Minton Rd, south to Coply St SE, east to property.

Property details

Acreage
12.12 acres
Zoning
Single Family
MLS #
SCAOR 1082796
Posted

Property taxes

2025
$1,247

Parcels

  • 29-37-05-gj-0000b.0-0000.00

Legal description

Details and features

Listing

Type
Land

Lot

Features
Many Trees

Structure

Water
Public
Sewer
Public Sewer

Property utilities

CategoryTypeStatus
WaterPublicAvailable

Nearby schools

NameType
TurnerElementary
SouthwestMiddle
Palm BayHigh

Listing history

DateEventPriceChangeSource
Sept 15, 2026Price drop$1,900,000$600,000 -24%SCAOR
July 17, 2026New listing$2,500,000—SCAOR
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This 12.12-acre property is located at Coply St SE in Palm Bay, FL 32909. The land is available for sale, priced at $1,900,000 — $156,766 per acre.

Listed by Waterman Real Estate, (321) 215-2100

Checked 2 hours agoUpdated Source

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