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Prime Institutional Property with Versatile Potential in Palm Bay, FloridaSituated 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.
I-95 to Palm Bay Rd NE, East to Riviera Drive NE, South to property on East side of street.
Source: School Digger
Public • PK - 6 • Serves this home
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Palm Bay Magnet Senior High School
Public • 9 - 12 • Serves this home
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Imagine Schools At West Melbourne
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Christa Mcauliffe Elementary School
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University Park Elementary School
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John F. Turner, Senior Elementary School
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Meadowlane Intermediate Elementary School
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Palm Bay Magnet Senior High School
Public • 9 - 12 • Serves this home
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Bread Of Life Christian Academy
Private • PK - 12
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Melbourne Central Catholic High School
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Life Changers Christian Academy
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Source: Public Records
| Street Address | Beds | Baths | Sold Date | List Price | Valuation Date | Valuation Price |
|---|---|---|---|---|---|---|
| 697 Augusta Circle NE | 3 | 2 | Jan 23, 2026 | $165,000 | Feb 19, 2026 | - |
| 1040 Pembroke Avenue NE | Listing | 3 | 2 | Jan 15, 2026 | $245,000 | Feb 15, 2023 | $388,900 |
| 902 Brisbane Street NE | Listing | 3 | 2 | Jan 16, 2026 | $169,900 | Feb 23, 2024 | $201,861 |
| 898 Ripley Terrace NE | 3 | 3 | Jan 20, 2026 | $259,000 | Feb 19, 2026 | - |
| 1550 Creel Road NE | Listing | 4 | 2 | Jan 23, 2026 | $175,000 | Mar 21, 2024 | $258,022 |
| 757 Hyannie Street NE | 3 | 2 | Dec 29, 2025 | $279,900 | Feb 19, 2026 | - |
| 910 Penelope Avenue NE | Listing | 3 | 2 | Dec 29, 2025 | $270,000 | Feb 23, 2024 | $333,947 |
| 521 Klamath Street NE | 3 | 2 | Jan 23, 2026 | $260,000 | Feb 19, 2026 | - |
| 930 NE Sierra Place NE | Listing | 4 | 3 | Jan 12, 2026 | $359,900 | Feb 23, 2024 | $449,606 |
| 920 S Fork Circle | Listing | 3 | 2 | Jan 16, 2026 | $225,000 | Mar 21, 2024 | $304,317 |
Source: Sperling's Best Places
| Zip | City | County | National | |
|---|---|---|---|---|
| Population | 24,852 | 121,318 | 608,603 | 335,858,263 |
| Population Density | 2,599 | 1,322 | 599 | 95 |
| People per Household | 2.1 | 2.6 | 2.3 | 2.6 |
| Median Age | 43.3 | 41 | 46.7 | 39.1 |
| Median Income | $44,433 | $53,139 | $59,709 | $66,222 |
| Average Income | $25,261 | $24,736 | $33,841 | $35,475 |
| Cost of Living Index | 76 | 94 | 88 | 100 |
| Zip | City | County | National | |
|---|---|---|---|---|
| January Avg. High Temp | 50°F | 50°F | 50°F | 22.6°F |
| July Avg. High Temp | 90.5°F | 90.5°F | 90.5°F | 86.2°F |
| Annual Precipitation | 48.29" | 48.29" | 48.29" | 38" |
20/100
Walk Score ®
44/100
Bike Score ®
The average walkability score in the surrounding area is Walk Score: 24/100, Transit Score: 0/100, Bike Score: 43/100.
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0 bds • 0 ba • 12,444 sqft
76 E Merritt Island Causeway, Merritt Island, FL 32952
4 bds • 4 ba • 12,581 sqft
9999 NE 120th Street, Okeechobee, FL 34972
bds • 0 ba • sqft
1790 Palm Bay Road NE
bds • 0 ba • sqft
1790 Palm Bay Road NE
bds • 0 ba • sqft
4235 Norfolk Pkwy.
bds • 0 ba • sqft
4235 NORFOLK PARKWAY
bds • 0 ba • sqft
0000 Malabar Sr514 Road
bds • 3 ba • 17482 sqft
2720 Kirby Circle NE
6 bds • 6 ba • 7761 sqft
4236 Hield Road NW
6 bds • 6 ba • 7761 sqft
4236 Hield Road NW
bds • 0 ba • sqft
999 Malabar Road NW
6 bds • 6 ba • 7761 sqft
4236 HIELD
bds • 5 ba • 5178 sqft
2012 Vernon Place
6 bds • 8 ba • 5872 sqft
1807, 1809 Riverview Drive
bds • 3 ba • 4357 sqft
1280 Highway 1
Source: Realty.com
451 Riviera Drive NE, Palm Bay, FL 32905 is a Mixed Use, Commercial Sale property listed for $2,950,000 The property is 11762 sq. ft with - bedrooms and 3 bathrooms
Realty.com has 9 photos of 451 Riviera Drive NE.
Our records indicate that 451 Riviera Drive NE was built in 2003.
The full address for this home is 451 Riviera Drive NE, Palm Bay, FL 32905.
451 Riviera Drive NE has been listed on Realty.com since Mon April 07, 2025
Almost all errands require a car. It is possible to get on a bus. Minimal bike infrastructure.
The average walkability score in the surrounding area is Walk Score: 24/100, Transit Score: 0/100, Bike Score: 43/100.
There are 3 schools assigned to this home. Check out the schools near 451 Riviera Drive NE. Riviera Elementary School (Grades: PK - 6), Central Middle School (Grades: 7 - 8), Palm Bay Magnet Senior High School (Grades: 9 - 12)
Listing provided courtesy of:
One Sotheby's International
(tel: 321-984-3135)
Listing agent:
Mark Bouchard
(tel: 904-504-6898)
(#3535965)
This content last refreshed on 2026-02-19 16:12:23. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Export listing data of 451 Riviera Drive NE, Palm Bay, FL 32905 : MLS# 1042493