Isla Towns

JLL is pleased to present the opportunity to acquire Isla Towns (the “Property”), a ±7.26-acre site located in Palm Bay, Florida (Space Coast) – ranked a Top 10 Best City for STEM Jobs (Forbes). The Site, which is zoned RM-15, allows for the development of a residential community of either 109 garden-style multifamily units or 76, 20’ wide townhomes.

Recognized by U.S. News & World Report as one of the nation's "Fastest-Growing Places" (2025-2026), Florida’s Space Coast is experiencing transformational economic growth fueled by a historic boom in its aerospace and defense sectors. Notable major employers and schools include NASA, SpaceX, Blue Origin, Virgin Galactic, L3Harris Technologies, Embraer, Raytheon Technologies, Northrop Grumman, Collins Aerospace, Lockheed Martin, Florida Institute of Technology (ranked #2 private school in Florida), and Eastern Florida State College.

The Property is located just a quick 5-minute drive from I-95 (108,500 VPD) and a 10-minute drive from US-192 (36,000 VPD) providing direct connectivity to aerospace employment hubs and the Orlando MSA in under 45-minutes. Furthermore, the site is positioned to benefit from the surrounding retail and major employment hubs including Publix (5-min), L3Harris HQ (7,000 local employees), Melbourne Orlando International Airport (15-min), and the Florida Institute of Technology (10-min).