This parcel of land is located just east of Babcock Street and north of Palm Bay Road in close proximity to shopping, restaurants, Florida Institute of Technology, main roads, the Indian River (Intra-Coastal Canal) and just 15 minutes from the beach. There are multiple condominium & apartment complexes in the area but with FIT continuing to expand, we are still experiencing a shortage of rentals. This is the perfect opportunity to fill that gap with a development of up to 60 individual units or 48 single family homes on this 3 acre, rectangular parcel of land with frontage on Pinewood Drive on all 4 sides.
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