225 CATALONIA AVENUE NW, PALM BAY, FL 32907
$41,990 · Active Under Contract
Under contract-accepting backup offers. Prime Investment Opportunity — NW Palm Bay, FL | Port Malabar Unit 14 A residential homesite positioned in the heart of Florida's Space Coast, one of the state's fastest-growing regions. Palm Bay's population has grown more than 27% since 2020 and continues expanding annually, fueled by major employment growth anchored by L3Harris Technologies' multi-hundred-million-dollar Palm Bay campus expansion, including new satellite manufacturing and advanced microelectronics facilities bringing hundreds of high-wage jobs to the immediate area. Ideally positioned near I-95 (Exits 173/176), this lot offers easy access to the full Space Coast lifestyle: roughly 35–45 minutes to Port Canaveral's cruise terminals and iconic beaches, under an hour to Kennedy Space Center and its world-famous rocket launches, and approximately 75 minutes to Orlando International Airport and Central Florida's renowned theme parks, with Melbourne Orlando International Airport offering even closer regional access. Minutes from the Atlantic coastline, the Indian River Lagoon, and Turkey Creek's nature trails and kayaking, this location captures coastal Florida living at its best, sun, surf, and outdoor recreation, paired with the long-term upside of a rapidly expanding job market and housing demand. A compelling opportunity for builders, investors, and future homeowners looking to plant a stake in one of Brevard County's most dynamic growth corridors.
Listing courtesy of EXP REALTY LLC, the listing brokerage. MLS number S5158359.
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