Prime Institutional Property with Versatile Potential in Palm Bay, Florida Situated at 451 Riviera Drive NE in the vibrant city of Palm Bay, Florida, this expansive 9.27-acre property presents a unique opportunity for institutional or residential development. The site features an 11,762-square-foot metal frame building with an enamel metal roof, offering a robust structure suitable for various uses. Currently zoned as IU (Institutional Use), the property aligns with the city's future land use designation of Low-Density Residential, providing flexibility for prospective developers. Palm Bay is part of Florida's Space Coast, a region renowned for its robust aerospace and defense industries. Notably, L3Harris Technologies, a leading global aerospace and defense company, operates its High Technology Center in Palm Bay. This facility serves as an innovation hub, fostering research and development in microelectronics and other advanced technologies.

Listing courtesy of One Sotheby's International

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