1961 Basinger AvePalm Bay, FL 32908

This exceptional 10,019 square foot lot presents a unique investment opportunity in Palm Bay, Florida. Located at 1961 Basinger Avenue, zip code 32908, this property is zoned for both commercial and residential development (Lot Rs2 Zoning), offering considerable flexibility for future projects. Situated in the rural southwest section of Palm Bay, near the well-known Compound area, this land enjoys convenient proximity to local amenities. A mere 7 minutes away lies Publix supermarket, providing easy access to grocery shopping. Families will appreciate the close proximity to Bayside High School and Westside Elementary School, both within a 4-minute drive. The property is currently undergoing a probate process. The asking price for this versatile parcel is $31,000. Its location in Port Malabar Unit #49 offers a blend of rural tranquility and urban convenience. This is an ideal opportunity for developers or investors seeking a buildable lot in a desirable location with strong potential for future growth. The property's size and zoning make it suitable for a variety of development options, catering to diverse needs and investment strategies. Buyers should be aware of the ongoing probate process.