1 / 2
For SaleLand / Lot
$30K
742 Burgess Street SW, Palm Bay, FL 32908
Southwest Palm Bay neighborhood
Subdivision: Port Malabar Unit 49
0
Bathrooms

About This Property

Description from listing agent

NICE, WOODED LOT IN A NEWLY DEVELOPING AREA OF PALM BAY! EASY TO FIND, JUST A BLOCK OFF OF MADDEN WHICH IS PAVED. BUY JUST ONE LOT OR THE ADJACENT LOT 9 IS AVAILALBE FOR THE SAME PRICE WHICH WOULD GIVE YOU .46 ACRES TO SPREAD OUT ON! ENJOY A LITTLE BIT OF COUNTRY BUT LESS THAN A 10 MINUTE DRIVE TO AREA SCHOOLS. ALSO, CLOSE TO THE POPULAR BAYSIDE LAKES COMMERCIAL AREA FEATURING A PUBLIX GROCERY STORE, WALGREENS, DUNKIN, STARBUCKS, HEALTH FIRST MEDICAL COMPLEX AND SO MUCH MORE! THE BUSTLING MALABAR RD CORRIDOR IS ABOUT 15 MINUTES AWAY PROVIDING A WONDERFUL VARIETY OF BIG NAME SHOPPING, BANKING, RESTAURANTS AND I-95 ACCESS. BE SURE TO TAKE A LOOK AT THIS ONE!

Space Coast Context

🚀 Launch Viewing — Fair Views

42.5 mi from SLC-40

42.5 miles from SLC-40 — visible as a bright streak in good conditions.

Aerospace Commute Guide
L3Harris10.5 mi~23 min
Northrop12.5 mi~28 min
Blue Origin36.8 mi~1h 22m
SpaceX37.7 mi~1h 24m
Lockheed37.8 mi~1h 24m
Boeing/KSC39 mi~1h 27m
KSC39.3 mi~1h 28m

Estimates only — verify with Google Maps.

Flood Risk

Zone AE — High Risk

Special Flood Hazard Area (1% annual chance). Flood insurance is federally required for mortgages.

Estimated flood insurance: $2,000 – $6,000+ / yr — varies by coverage, elevation & insurer

Source: FEMA National Flood Hazard Layer. Insurance estimates are ranges only — get a quote for accurate pricing.

Price History

Date
Event
Price
  • 8/11/26
    Price change
    $30K -0.3%

Tracked by MaxxCity from the date each listing first appeared in our system — earlier history isn't available from the MLS feed.

Offer Intelligence

Based on 1 comparable sale in this area in the last 180 days.(limited data — interpret with caution)

Price vs. Comparable Sales
6.8% above median
Median comparable close: $28,000 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
96.6% of list price
At that rate, a competitive offer ≈ $28,869
Price Reductions
1 reduction
Originally listed at $29,900 · Cut $100 total
See & adjust the 1 comparable sale used

Uncheck any home you don't consider comparable — the median updates instantly.

The median is weighted: nearer sales count more than distant ones, and comps marked recent (sold in the last 90 days) count 2×. Comps farther than 3 miles are flagged — a longer distance usually means few nearby sales were available.

How we match comps

Comps are pulled directly from the Space Coast MLS — sold sales only, closed within the last 180 days. We apply hyper-local matching criteria in this order:

  • Same property type, always (single family, condo, townhouse, etc.)
  • Single-story homes compared only to single-story (and multi to multi)
  • Exact bedroom count
  • Bathrooms within ±0.5
  • Garage spaces within ±1
  • Pool status must match
  • Waterfront status must match
  • HOA must match (HOA community vs. no HOA)
  • Price within ±5–20% of list price (tightest in early tiers)
  • Square footage within ±10–25% (tighter in early tiers)
  • Year built always within ±5–20 years (never dropped)

We search in tiers, expanding the radius only as needed — starting in the same subdivision within 1 mile, then 2 miles, then the same neighborhood within 3 miles, and the same zip code within 5 miles as a last resort. For luxury homes ($5M+), where nearby comps are scarce, we widen the search to 5–20 miles. Year built is always required so comps are from the same era of construction. The median is weighted toward nearer sales, and sales within the last 90 days count 2× to reflect current market conditions.

Median estimate is based on similar active listings and homes that have sold within the last 180 days in this area, as reported through Brevard MLS. This is not an appraisal or a Comparative Market Analysis (CMA). Before making an offer, work with a licensed real estate agent to obtain a CMA, or hire a certified real estate appraiser for an independent valuation.

Additional Details

Lot Size
0.23 acres (10,019 sqft)
Days on Market
174
MLS Area
345 - SW Palm Bay

Schools

Elementary

Westside

Middle School

Southwest

High School

Bayside

Financial & Listing Details

Listed
Mar 8, 2026
Parcel #
29-36-14-Ks-02624.0-0008.00
$30K

Listing Agent (for property info)

C
Cheryl L Smith
Cheryl Smith Realty, Inc
321-544-8449
Call Listing Agent

Estimated Monthly Payment

$337/mo
Principal & interest
$158
Property taxes
$30
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $30K price — down payment shown: $5,980.

This is a quick estimate only — it does not include items like mortgage insurance, closing costs, or rate-lock terms. For an accurate payment based on your credit and finances, get pre-qualified with a certified bank or licensed mortgage brokerage.

MLS# 1071351

What's Nearby

schools
Bayside High School
1.1 mi away
schools
Westside Elementary School
1.3 mi away
government
City of Palm Bay
2.0 mi away
pharmacies
Bayside Lakes Family Pharmacy
2.0 mi away
restaurants
Domino's
2.0 mi away
schools
Odyssey Charter School
2.0 mi away
grocery
Publix
2.0 mi away
restaurants
Dunkin'
2.0 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1071351 · Listing Broker: Cheryl Smith Realty, Inc · IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. Listing information provided by Space Coast Association of REALTORS® and the Space Coast MLS. © 2026 Space Coast Association of REALTORS®. All rights reserved. · MaxxCity Realty LLC · Licensed in Florida.