1 year on rocket

770 Coconut St SE, Palm Bay, FL, 32909

$1,275,000

11.91 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeUnimproved Land
MLS #953737
Lot Size11.91 Acres
StatusActive

About 770 Coconut St SE

The Coconut Street Lot is a developers dream. This perfectly rectangular 11.91 acre parcel has been rezoned RS-2 and pre-approved to allow for 36 homes on the site. With RS-2 zoning approval for higher density, each lot will be minimum 7500 sq/ft. Environmental Study has been performed. Boundary, Topography and Plat Surveys have also been completed and available. Listing agent has project development pro-forma available with signed non-Disclosure. This could be the last of the Mohicans in this section SE Palm Bay to build multiple homes on one site. This is a fully developed community that offers nearby major roads and highway entrances, retail shopping centers, grocery stores and excellent schools.

Property Details

Property Features

Listing Office:

  • Office Name: BRS Real Estate Company
  • Office Phone: (786) 456-3668
  • Listing Agent: Alexander M. Fundora

Lot Features

Lot Information:

  • Lot: Many Trees
  • Lot Size: 11.91 Acres

Other

Directions Information:

  • Directions: From Emerson Drive head west on Coconut Street 500 ft. Coconut Street lot will be on your right hand or the South Side of the road.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,275,000
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Housing Market Comparison

See how this home compares to others in Palm Bay, FL.

Med. Sold Price

$330K

Med. Price/SqFt

$193

Avg. Days On Market

64

# of Sold Homes

190

770 Coconut St SE vs Palm Bay

687 DAYS ON ROCKET

+623 Days

$1,275,000

+$945K More

KEY TAKEAWAY

This property is $945K more than the Median Sold Price in Palm Bay, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Space Coast MLS (Space Coast Association of REALTORS®)
  • MLS Number: #953737

Listing Office:

  • Office Name: BRS Real Estate Company
  • Office Phone: (786) 456-3668
  • Listing Agent: Alexander M. Fundora

IDX Copyright © 2024 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: 11/21/2024, 10:20:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$6,431

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,889

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-256219
3
/10
  • John F. Turner Senior Elementary School

  • 3175 Jupiter Blvd SE

  • 0.72 miles

  • Public District Grades PK-6

school-card-donut-256220
4
/10
  • Columbia Elementary School

  • 1225 Waco Blvd SE

  • 1.27 miles

  • Public District Grades PK-6

school-card-donut-256221
5
/10
  • McAuliffe Elementary School

  • 155 Del Mundo St NW

  • 2.35 miles

  • Public District Grades PK-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $47,361. Most Palm Bay, FL residents have annual incomes between $35k-100k. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Palm Bay, FL

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What are the common housing types in Palm Bay, FL?

Palm Bay's housing market is diverse, offering a range of options from single-family homes to multi-family units. The architectural styles vary, with a noticeable presence of contemporary and ranch-style homes. The area has seen growth with new developments complementing the existing housing stock, which includes homes built from the 1970s onwards. The homeownership rate in Palm Bay is robust, reflecting a community invested in property ownership and stability.

What are the advantages of living in Palm Bay, FL?

Palm Bay is celebrated for its laid-back coastal lifestyle and natural beauty, with numerous parks and outdoor recreational opportunities. The community prides itself on a family-friendly atmosphere, with events like the Palm Bay Fair that highlight local culture and bring residents together. The city's character is further defined by its proximity to the Indian River Lagoon, appealing to those who appreciate water activities and conservation efforts.

Are essential services in Palm Bay, FL convenient?

The city of Palm Bay is served by a network of public schools, including elementary, middle, and high schools, as well as private educational institutions that cater to a range of learning preferences. Healthcare services are accessible, with facilities offering urgent care, primary care, and specialized medical services. The public library system supports lifelong learning and community engagement. Retail and dining options in Palm Bay reflect the local culture, with a mix of familiar chains and unique local establishments.

How do Palm Bay, FL residents get around?

Transportation in Palm Bay includes a public bus system with established routes that connect key areas of the city. Ride-sharing services are available, providing additional options for residents and visitors. The city's layout and infrastructure support a car-dependent lifestyle, with major roads and highways facilitating travel to nearby cities and attractions. Efforts to enhance walkability and bikeability are ongoing, aiming to improve the overall accessibility of the city.

Frequently Asked Questions About 770 Coconut St SE

What is the listing price of this property?

The listing price of 770 Coconut St SE property is $1,275,000.

What type of property is this?

The property 770 Coconut St SE is land located in Palm Bay, Florida, 32909.

Is this property for sale now?

Active Listing: 770 Coconut St SE is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 770 Coconut St SE is 11.91 acres.
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Rocket HomesFloridaBrevard CountyPalm Bay32909770 Coconut St SE

This home is located at 770 Coconut St SE in Palm Bay, FL and zip code 32909. This home sits on a 11.91 acre lot. It has been listed on Rocket Homes since January 03, 2023 and is currently priced at $1,275,000.

While more than 28 listings in Palm Bay, FL in October 2024 were sold above asking price, there were more than 77 listings sold at asking price, and more than 85 were sold below. The inventory of homes for sale in Palm Bay, FL between September 2024 and October 2024 increased by 1.7%. In October 2024, listings were on the market for 64 days. During the same period, the median list price in this real estate market was $330,000.

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

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