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For SaleLand / Lot
$150K
8516 Horseshoe Avenue, Palm Bay, FL 32909
Palm Bay - St. Johns Heritage Parkway neighborhood
Subdivision: Deer Run
0
Bathrooms

About This Property

Description from listing agent

Build your dream home on this beautiful 2.53-acre wooded homesite, offering plenty of space, privacy, and room to enjoy the Florida lifestyle. Located in a quiet, equestrian-friendly community, the generous lot sizes allow for one horse per acre, making it ideal for horse enthusiasts or anyone seeking extra elbow room. Deed restrictions require a minimum 2,000-square-foot air-conditioned home, and the low HOA fee is just $230 annually. Residents enjoy a variety of community amenities, including basketball, pickleball, tennis courts, a horse arena, and more. Conveniently located just minutes from the new Publix, expanding shopping and dining options, and easy access to I-95, this property offers the perfect blend of peaceful country living and everyday convenience. Come explore this one-of-a-kind community and imagine the possibilities.

Space Coast Context

🚀 Launch Viewing — Fair Views

47.6 mi from SLC-40

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

Aerospace Commute Guide
L3Harris15.4 mi~34 min
Northrop17.4 mi~39 min
Blue Origin41.8 mi~1h 33m
SpaceX42.8 mi~1h 35m
Lockheed42.8 mi~1h 35m
Boeing/KSC44.3 mi~1h 39m
KSC44.7 mi~1h 40m

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
  • 7/10/26
    Listed
    $150K

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
3.4% above median
Median comparable close: $145,000 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
93.5% of list price
At that rate, a competitive offer ≈ $140,323
Price Reductions
No reductions
Listed price has not changed since hitting the market
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
2.53 acres (110,207 sqft)
HOA Fee
$230/mo
Days on Market
23
MLS Area
347 - Southern Palm Bay

Community & HOA

HOA

Schools

Elementary

Sunrise

Middle School

Southwest

High School

Bayside

Financial & Listing Details

Listed
Aug 4, 2026
Parcel #
30-37-18-Mf-0000a.0-0097.00
$150K

Listing Agent (for property info)

D
Dillon Bout
Blue Marlin Real Estate
321-458-5673
Call Listing Agent

Estimated Monthly Payment

$1,320/mo
Principal & interest
$790
Property taxes
$150
Insurance & HOA
$380

Based on a 6.90% rate, 30-year loan, and $150K price — down payment shown: $30,000.

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# 1082179

Interested in this property?

Equal Housing Opportunity

MLS# 1082179 · Listing Broker: Blue Marlin Real Estate · 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.