000 Coply Street SE, Palm Bay, FL 32909

New Listing
$2,500,000
Property Type: Land Lot Size (sq. ft.): 300,564 Status: Active
Current Price: $2,500,000 List Date: 7/17/2026 Last Modified: 7/22/2026

Overview

Description

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.

Supplements: 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 t ...

Listing Details MLS# 1082796

General Property Information

Lot Size Acres
12.12
CDD Fee YN
No
List Price/Acre
206270.63
Lot Size Square Feet
300564

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

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 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.

Status Change Information

Major Change Timestamp
2026-07-17T18:28:05Z
Major Change Type
New Listing
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
Parcel Number
29-37-05-Gj-0000b.0-0000.00
General County Location
South
Elementary School
Turner
Middle School
Southwest
High School
Palm Bay
Tax Annual Amount
1246.73
Tax Year
2025
Tax Legal Description
PORT MALABAR UNIT 9 TRACT B EX ORB 2711 PG 2293
Zoning Description
Single Family
Directions
I-95 to Malabar Rd, east to Minton Rd, south to Coply St SE, east to property.

Current Use

Residential
Yes
Single Family
Yes
Unimproved
Yes

Listing Terms

Cash
Yes
Other
Yes

Lot Features

Many Trees
Yes
Other
Yes

Possession

Close Of Escrow
Yes

Sewer

Public Sewer
Yes

Special Listing Conditions

Standard
Yes

Utilities

Water Available
Yes

Water Source

Public
Yes

Showing Requirements

Other
Yes
Listing Office: Waterman Real Estate Inc.
Last Updated: July - 22 - 2026
Information is deemed to be reliable, but is not guaranteed.

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