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.