$320,000

15811591 Lakewood Dr NE Palm Bay, FL 32905

0.8 acres
Land

Property details

About 15811591 Lakewood Dr NE

For Sale: 16-Unit Approved Multifamily Site Plan Approved - Prime Palm Bay Location - Only $20,000 Per Approved Unit! Unbeatable Value | Premium Location | Multiple Exit Strategies Offered at just $320,000 ($20,000 per approved unit), this is the best-priced, ready-to-build multifamily opportunity in Palm Bay's most dynamic growth corridor. - Site Plan Approved for 16 Units: - 8 spacious 3-bedroom, 2-bath units -8 well-designed 2-bedroom, 2-bath units - Each unit features in-unit washer and dryer hookups for maximum tenant appeal - All Utilities at the Curb: - Separate electric and water meters for each unit, allowing for easy individual billing, reduced operating costs, and flexibility for future condo sales or rental management. -Shovel-Ready: - Cleared lot, all city approvals in place, and utilities available—start building immediately and save months of permitting delays.

Highlights

Home typeUnimproved Land
StatusActive
Lot size0.83 Acres
MLS #1048129

Virtual tour

Summary

  • List Price: $320,000
  • Lot: Corner Lot, Other
  • Directions: I-95 to Palm Bay Rd NE, Lakewood Drive
  • Lot Size: 0.83 Acres
  • MLS Number: 1048129
  • MLS Name: Space Coast MLS (Space Coast Association of REALTORS®)
  • Office Name: Property360
  • Office Phone: (321) 999-9615
  • Office Email: ms@property360re.com
  • Listing Agent: Mariam Shapira

IDX Copyright © 2025 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX 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. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/10/2025, 8:40:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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15811591 Lakewood Dr NE, Palm Bay, FL 32905

$320,000

15811591 Lakewood Dr NE

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Price information

Property sales

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Tax history

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Nearby schools

5

Palm Bay Elementary School

Public District PK-6

1.5 mi

1200 Alamanda Rd NE

6

Riviera Elementary School

Public District PK-6

2.0 mi

351 Riviera Dr NE

2

University Park Elementary School

Public District PK-6

2.1 mi

500 W University Blvd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $21,614. Typical income of Palm Bay, FL residents is less than $<35k annually. Most families are single, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

71%
<35k
28%
35k-100k
1%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

72%
Single, No Kids
17%
Single, with Kids
8%
Married, No Kids
3%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
4%
12-17 yrs old
37%
18-34 yrs old
32%
35-64 yrs old
12%
65+ yrs old

What do the neighbors do for fun?

  • UFCUFC
  • Pro WrestlingPro Wrestling
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • BurlingtonBurlington
  • Forever 21Forever 21

Where do the neighbors go to eat?

  • Burger KingBurger King
  • Cicis PizzaCicis Pizza
  • Church's ChickenChurch's Chicken

What do the neighbors drive?

  • BuickBuick
  • PontiacPontiac
  • CadillacCadillac

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • JazzJazz
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 15811591 Lakewood Dr NE

The listing price of 15811591 Lakewood Dr NE property is $320,000.

The property 15811591 Lakewood Dr NE is land located in Palm Bay, Florida, 32905.

Active Listing: 15811591 Lakewood Dr NE is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 15811591 Lakewood Dr NE are: Palm Bay Elementary School (GreatSchools Rating 5/10), Riviera Elementary School (GreatSchools Rating 6/10), University Park Elementary School (GreatSchools Rating 2/10), Palm Bay Academy Charter School (GreatSchools Rating 3/10), Stone Magnet Middle School (GreatSchools Rating 2/10), Central Middle School (GreatSchools Rating 4/10), Palm Bay Magner High School (GreatSchools Rating 3/10), Melbourne High School (GreatSchools Rating 5/10), Pineapple Cove Classical Academy (GreatSchools Rating 6/10).

The property 15811591 Lakewood Dr NE is 0.83 acres.

This home is located at 15811591 Lakewood Dr NE in Palm Bay, FL and zip code 32905 in the Palm Bay Homes neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since June 5, 2025 and is currently priced at $320,000.

In May 2025, from all listings sold in Palm Bay, FL there were more than 48 sold above asking price, over 177 sold below and more than 108 were sold right at the asked price. Between April and May 2025, Palm Bay, FL real estate market has seen increase in the number of listings by 0.6%. The median list price of listings available in May 2025 was $329,996, while the average time on the real estate market was 78 days.

From Rocket Homes Real Estate and based on county public records data.

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