Rare opportunity to acquire ±12.12 acres of 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 and carrying both city water AND sewer. Preliminary due diligence package that de-risks months of feasibility work: a conceptual 33-lot RS-2 subdivision plan and a City of Palm Bay traffic/LOS analysis that confirms the site's 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.
The 33-lot concept is a floor, not a cap: the City's own traffic analysis modeled up to 41 dwelling units at maximum allowed density, giving an incoming builder or developer room to optimize the layout and maximize lot yield through the entitlement process. 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.
Lot/land
$2,500,000
0 Coply St SE, Palm Bay, FL 32909
--beds
--baths
12.12Acres
Unimproved Land
Built in ----
12.12 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 47 days
- 32
- 1
Zillow last checked:
Listing updated:
Listed by:
Meili Viera Porter 321-848-7344,
Waterman Real Estate Inc.
Source: Space Coast AOR,MLS#: 1082796
Facts & features
Interior
Features
- Has fireplace: No
Video & virtual tour
Property
Lot
- Size: 12.12 Acres
- Features: Many Trees, Other
Details
- Parcel number: 293705Gj0000b.00000.00
- Zoning description: Single Family
- Special conditions: Standard
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Water Available
Community & HOA
Community
- Subdivision: Port Malabar Unit 9
Location
- Region: Palm Bay
Financial & listing details
- Annual tax amount: $1,246
- Date on market: 7/17/2026
- Listing terms: Cash,Other
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/17/2026 | Listed for sale | $2,500,000 |
Source: Space Coast AOR #1082796 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: 32909
Nearby schools
Schools provided by the listing agent
- Elementary: Turner
- Middle: Southwest
- High: Palm Bay
Source: Space Coast AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.





