000 Coply Street SE, Palm Bay, FL 32909 (MLS# 1082796)

000 Coply Street SE, Palm Bay, FL 32909

$1,900,000
Property Type: Land Lot Size (sq. ft.): 527,947 Status: Active
Current Price: $1,900,000 List Date: 7/17/2026 Last Modified: 9/22/2026

Overview

Description

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 ...

Supplements: 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 ...

Listing Details MLS# 1082796

General Property Information

Lot Size Acres
12.12
CDD Fee YN
No
List Price/Acre
156765.68
Lot Size Square Feet
527947.2

Property Features

Current Use: Residential; Single Family; Unimproved Listing Terms: Cash; Other Lot Features: Many Trees; Other Possession: Close Of Escrow Sewer: Public Sewer Showing Requirements: Other Special Listing Conditions: Standard Utilities: Water Available Water Source: Public

Contract Information

OriginalListPrice
2500000
Listing Contract Date
2026-07-17
Property Sub Type
Unimproved Land
Comp Sale YN
No

Location Tax and Legal

Street Number
000
Street Name
Coply
Street Suffix
Street
Street Direction Suffix
SE
County
Brevard
State
FL
Postal Code
32909
MLS Area Major
343 - SE Palm Bay
Subdivision Name
Port Malabar Unit 9

Remarks and Miscellaneous

Public Remarks
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),

Status Change Information

Major Change Timestamp
2026-09-15T15:53:17Z
Major Change Type
Price Reduced
Price Change Timestamp
2026-09-15T15:53:17Z
StatusChangeDate
2026-07-17

More Information

Closing Company Details

Closing Company Name
Prestige Title; nwilliams@prestigeclosings.com
Closing Company Address
5120 N Highway US 1 Suite 103, Melbourne, FL 32940

Location, Tax, and Legal

Tax Account
2923458
Directions
I-95 to Malabar Rd, east to Minton Rd, south to Coply St SE, east to property.
Listing Office: Waterman Real Estate Inc.
Last Updated: September - 22 - 2026
Information is deemed to be reliable, but is not guaranteed.