0 Robert J Conlan BlvdPalm Bay, FL 32905

This exceptional 26.5-acre mixed-use development opportunity in Palm Bay, Florida, presents a fully approved site plan for a 100-key full-service hotel and 294 multi-family units. The property comprises four parcels, each with road frontage on Robert J Conlan Blvd NE, strategically located between US1 and Palm Bay Road, a major retail corridor boasting over 11,000 vehicles daily. The hotel component includes a planned 5,000 sq ft conference center and a 1,700 sq ft restaurant/bar, representing Palm Bay's first such facility. The 6.25-acre hotel site features on-site retention, readily accessible utilities, and completed environmental reports (within the past three years), transferable with an accepted purchase agreement. The remaining 20.25 acres are zoned, entitled, and site-plan approved for 294 garden-style apartments, complete with amenities such as a swimming pool and pickleball courts. This prime location offers unparalleled convenience, situated just 0.5 miles from US1 and Palm Bay Road, home to major employers like Renesas Electronics and L3 Harris. Within a one-mile radius, residents and guests will find Florida Institute of Technology, Andretti Thrill Park, Publix, Walmart, and numerous other amenities. The property's APN is 28-37-14-51-1; 28-37-14-51-2; 28-37-14-54-8; 28-37-14-54-7, and is owned by Palm Bay Development Group LLC. All due diligence has recently been completed and is transferable or re-certifiable upon acceptance of an offer. This is a truly unique opportunity to capitalize on a thriving market and a highly desirable location. The zip code is 32905.