3.52 Acres RM-15 - Permit-Ready Multifamily Development Site

Highlights:

• Permit-ready development site with an engineered plan set
• RM-15 with HDR future land use: 15 UPA by right, up to 52 units
• 50-foot height limit, 40 percent building coverage
• About 150 feet of frontage on Clearmont St NE, a four-lane divided road
• 0.2 mile from the L3Harris Technologies campus
• Water, sewer, and reclaimed water at the street, Flood Zone X
• $28,846 per unit at the 52-unit yield

Description:

The Clearmont St NE tract is a permit-ready multifamily development site in northeast Palm Bay: 3.52 acres zoned RM-15 with High Density Residential future land use. Multifamily is permitted by right at 15 units per acre, a yield of up to 52 units. Ownership holds an engineered plan set for the tract.

The tract is irregular in shape, about 620 feet long and 300 feet at its widest, with about 150 feet of frontage on Clearmont St NE, a four-lane divided road. It is wooded and unimproved. City of Palm Bay water, sewer, and reclaimed water are at the street. Flood Zone X, with no wetland mapped on the National Wetlands Inventory layer.

RM-15 development standards (Palm Bay Land Development Code):

Density: 15 units per acre by right
Building height: 50 feet maximum
Building coverage: 40 percent maximum, with a 0.7 impervious surface ratio
Setbacks: 20 feet front and rear, 15 feet side corner, 8 feet interior side
Parking: 2 spaces per unit with two or more bedrooms, 1 per one-bedroom unit
Common open space and recreation: 20 percent of the site


Northeast side of Clearmont St NE in northeast Palm Bay, next to the condominiums at 1011 and 1051 Clearmont St NE. The L3Harris Technologies campus is 0.2 mile away. Palm Bay Road NE and the Renesas Electronics campus are about 0.7 mile, and US 1 is 1.2 miles.


City of Palm Bay water, sewer, and reclaimed water are available at the street.

One 3.52-acre tract inside Palm Bay city limits, in Section 26, Township 28 South, Range 37 East. No street address is assigned; the tract is parcel 28-37-26-00-254, tax account 2834851, between 1051 and 1101 Clearmont St NE. Irregular shape, about 620 feet long and 300 feet at its widest, with about 150 feet of frontage on Clearmont St NE. Wooded and unimproved. A condominium community adjoins to the south, a City of Palm Bay utilities facility to the north, and single-family homes to the east. Flood Zone X, with no wetland mapped on the National Wetlands Inventory layer. Ownership holds an engineered plan set for the tract.

Part of NW 1/4, Section 26, Township 28 South, Range 37 East, lying south of ORB 3255 Pg 879 and Pg 900 in ORB 3255, west of Plat Book 25 Pg 111, north of ORB 2549 Pgs 701 and 798, and east of Plat Book 13 Pg 103, all northeasterly of Troutman Blvd.

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