$1,495,000
1853 Wabun Street Ne Sfr, Palm Bay, Fl 32905
Palm Bay, FL 32905
Listing updated: July 3, 2026 at 11:18 AM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
About this home
1853 Wabun St NE: 1.77 acres, direct Indian River Lagoon frontage, Palm Bay. Approved site plan in hand for 35 multifamily units -- 10 one-bed, 20 two-bed, 5 three-bed, averaging 1,149 SF, every unit facing water. Utilities are in. Entitlement risk is gone. A buyer breaks ground instead of fighting a two-year approval process. Plan includes 65 parking spaces, 4 EV chargers, a resort-style pool, mailroom/parcel lockers, and outdoor grilling areas. Palm Bay has land everywhere. It does not have entitled waterfront. Luxury rents run $1,500-$2,200. Waterfront units push $2,400-$3,000+. This site is the scarce side of that spread, already approved.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history
- Status: ActiveJul 1, 2026
- Listed$1,495,000Jul 1, 2026
- Price increased$1,495,000
Facts & features
- Property type
- Commercial Sale
- Sub type
- Unimproved Land
- Status
- Active
- Subdivision
- Hiawatha Gardens Sec 2
- County
- Brevard
- Year built
- 1950
- Living area
- 1,184 sq ft
- Price/sq ft
- $1,263
- Lot size
- 77,101.2 sq ft
- Parcel #
- 28-37-13-50-0000c.0-0014.00
- MLS #
- 1081416
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Listing Details
- Listing date
- 2026-07-01
- On market date
- 2026-07-01
- Original list price
- $1,495,000
- Status changed
- 2026-07-01
Location
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of July 3, 2026 at 11:18 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Brevard County listings courtesy of the Space Coast Association of REALTORS® (Space Coast MLS)
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
© 2026Space Coast Association of REALTORS®. All information should be independently reviewed and verified for accuracy.
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