About This Property
Description from listing agentRare 4.91-Acre Custom Home Site in Cocoa, FL with 1,800 SF Garage & Workshop Build your dream home, private estate, or custom compound on this expansive land opportunity located at 4690 Rayburn Road in Brevard County. Offering 4.91 total acres with approximately 3.5 acres of prime usable land, 160 feet of road frontage, and 1,300 feet of depth, this lot gives you a high-value canvas to build to suit while keeping major existing outbuildings. A large pond anchoring the rear of the property adds immediate natural scenery, privacy, and potential water views for your new build. The previous home and septic system are being removed, offering a completely clean, ready-to-develop footprint so your architect and builder have total freedom to site your home and utility layout without site constraints. The property retains a high-value 1,800-square-foot detached garage and workshop, providing serious utility for contractors, classic car collections, heavy equipment, or a dedicated workspace.
Space Coast Context
🚀 Launch Viewing — Great Views
17.9 mi from SLC-40
17.9 miles from SLC-40 — clear launch views from your yard or roof on most days.
Estimates only — verify with Google Maps.
Flood 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
- 8/21/26Listed$599K
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 2 comparable sales in this area in the last 180 days.(limited data — interpret with caution)
See & adjust the 2 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.
Location
Get DirectionsAdditional Details
Schools
Elementary
Saturn
High School
Cocoa
Financial & Listing Details
Estimated Monthly Payment
- Principal & interest
- $3,156
- Property taxes
- $599
- Insurance
- $150
Based on a 6.90% rate, 30-year loan, and $599K price — down payment shown: $119,800.
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.
