For SaleLand / Lot
$90K
307 Labra Road SW, Palm Bay, FL 32908
Southwest Palm Bay neighborhood
Subdivision: Port Malabar Unit 30
0
Bathrooms

About This Property

Description from listing agent

This expansive almost half-acre homesite offers a rare opportunity to build the home you've envisioned with significantly more room than the typical quarter-acre lot. Originally two adjoining lots, this property has been combined into one larger parcel, creating a generous homesite with plenty of space to thoughtfully design your future home and outdoor living areas. Whether you're envisioning a spacious new construction home, a private backyard retreat, a pool, or simply more room between you and your neighbors, this property gives you options. T Bring your builder, bring your plans, and create a home that is truly your own. With nearly half an acre of land and the opportunity to design around your lifestyle from the ground up.

Space Coast Context

🚀 Launch Viewing — Fair Views

44.3 mi from SLC-40

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

Aerospace Commute Guide
L3Harris12.1 mi~27 min
Northrop14.2 mi~32 min
Blue Origin38.5 mi~1h 26m
SpaceX39.5 mi~1h 28m
Lockheed39.5 mi~1h 28m
Boeing/KSC40.9 mi~1h 31m
KSC41.2 mi~1h 32m

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.

Price History

Date
Event
Price
  • 9/14/26
    Listed
    $90K

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
21.6% above median
Median comparable close: $74,000 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
92.5% of list price
At that rate, a competitive offer ≈ $83,250
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
0.46 acres (20,038 sqft)
Days on Market
25
MLS Area
345 - SW Palm Bay

Schools

Elementary

Westside

Middle School

Southwest

High School

Bayside

Financial & Listing Details

Listed
Sep 16, 2026
Parcel #
29-36-25-Kj-01375.0-0026.00
$90K

Listing Agent (for property info)

M
Monica C. Wadsworth
One Sotheby's International
321-431-1646
Call Listing Agent

Estimated Monthly Payment

$714/mo
Principal & interest
$474
Property taxes
$90
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $90K price — down payment shown: $18,000.

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# 1087762

What's Nearby

government
City of Palm Bay
0.8 mi away
schools
Westside Elementary School
1.2 mi away
schools
Bayside High School
1.6 mi away
government
Supervisor of Elections and Property Appraiser
1.6 mi away
restaurants
Domino's
1.8 mi away
shopping
7-Eleven
1.9 mi away
pharmacies
Bayside Lakes Family Pharmacy
1.9 mi away
restaurants
Dunkin'
2.0 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1087762 · Listing Broker: One Sotheby's International · 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.