For SaleLand / Lot
$40K
496 Privet Court NW, Palm Bay, FL 32907
Northwest Palm Bay neighborhood
Subdivision: Port Malabar Unit 41
0
Bathrooms

About This Property

Description from listing agent

BUILD YOUR FURTURE ON PRIVET COURT! This premium .25 acre vacant residential lot sits on an established, peaceful cul-de-sac in booming Northwest Palm Bay. Surrounded by a mix of homes, it offers an outstanding lend of privacy and community. PROPERTY HIGHLIGHTS: NO HOA: Absolute freedom to build your home your way without restrictive corporate covenants or recurring fees. INCREDIBLE LOCATION: Quick access to the St Johns Heritage Parkway. NEIGHBORHOOD AMENITIES: Less than 10 minutes to local grocery stores, local schools, dining, and outdoor recreation. INFRASTRUCTURE READY: Overhead electric and high-speed fiber internet run right along the street Standard for this area, the property will utilize a private well and septic tank system upon building. Secure your piece of the Sunshine State in one of Florida's fastest-growing markets. Excellent lot for primary homeowners, custom bui9lders, or buy and hold investors. Drive by today-no appointment necessary.

Space Coast Context

🚀 Launch Viewing — Fair Views

39.2 mi from SLC-40

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

Aerospace Commute Guide
L3Harris8.2 mi~18 min
Northrop10.1 mi~23 min
Blue Origin33.9 mi~1h 16m
SpaceX34.5 mi~1h 17m
Lockheed34.7 mi~1h 17m
Boeing/KSC35.5 mi~1h 19m
KSC35.7 mi~1h 20m

Estimates only — verify with Google Maps.

Flood Risk

Zone X — Minimal Risk

Outside the Special Flood Hazard Area. Flood insurance is optional but recommended.

Estimated flood insurance: $500 – $1,200 / yr — varies by coverage, elevation & insurer

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

Offer Intelligence

Based on 11 comparable sales in this area in the last 180 days.

Price vs. Comparable Sales
5.0% above median
Median comparable close: $38,000 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
93.3% of list price
At that rate, a competitive offer ≈ $37,242
Price Reductions
No reductions
Listed price has not changed since hitting the market
See & adjust the 11 comparable sales 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
0.25 acres (10,890 sqft)
Days on Market
93
MLS Area
344 - NW Palm Bay

Schools

Elementary

Jupiter

Middle School

Central

High School

Heritage

Financial & Listing Details

Listed
May 28, 2026
Parcel #
28-36-33-01-01863.0-0024.00
$40K

Listing Agent (for property info)

A
Alfred T Jenkins
Jenkins Realty
321-208-6775
Call Listing Agent

Estimated Monthly Payment

$400/mo
Principal & interest
$210
Property taxes
$40
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $40K price — down payment shown: $7,980.

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# 1078447

What's Nearby

dog parks
Fred Poppe Regional Dog Park
0.6 mi away
restaurants
Softball Snacks
0.8 mi away
restaurants
McDonald's
1.2 mi away
grocery
Publix
1.2 mi away
schools
Heritage High School
1.3 mi away
schools
Discovery Elementary School
1.5 mi away
government
West Palm Bay Post Office
1.7 mi away
shopping
Circle K
1.8 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1078447 · Listing Broker: Jenkins Realty · 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.