For SaleLand / Lot
$115K
1624 Lizette Street SE, Palm Bay, FL 32909
Palm Bay - St. Johns Heritage Parkway neighborhood
Subdivision: Port Malabar Unit 46
0
Bathrooms

About This Property

Description from listing agent

FULLY PERMITTED DUPLEX LOT-READY TO BUILD! Exceptional opportunity for a builder, developer or investor to purchase a shovel-ready duplex project with costly and time-consuming pre-construction work already completed. Offered at $115,000 INCLUDING LOT CLEARING. Includes signed/sealed engineered plans for an approx. 4,062 total SF duplex with TWO 3BR/2BA/1-car garage units. EACH SIDE offers approx. 1,508 SF living area, 374 SF garage, 29 SF entry & 120 SF rear patio--approx. 2,031 total SF per unit and 3,016 SF combined living area. Septic & driveway permits completed. Impact fees PAID. Both well fees PAID. Required TRUSS deposit PAID. Construction plans included with sale. Substantial engineering, permitting & upfront development costs already completed, allowing buyer to bypass much of the expense and waiting period of starting from scratch. Ideal BUILD & HOLD, resale or builder project. Buyer/buyer's agent to verify permit status, transferability & requirements with City of Palm Bay.

Space Coast Context

🚀 Launch Viewing — Fair Views

43.3 mi from SLC-40

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

Aerospace Commute Guide
L3Harris11.2 mi~25 min
Northrop13.2 mi~29 min
Blue Origin37.3 mi~1h 23m
SpaceX38.5 mi~1h 26m
Lockheed38.5 mi~1h 26m
Boeing/KSC40.3 mi~1h 30m
KSC40.7 mi~1h 31m

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
  • 8/29/26
    Listed
    $115K

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)

Price vs. Comparable Sales
15.0% above median
Median comparable close: $99,999 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
96.8% of list price
At that rate, a competitive offer ≈ $111,377
Price Reductions
No reductions
Listed price has not changed since hitting the market
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.

Additional Details

Lot Size
0.32 acres (13,939 sqft)
Days on Market
1
MLS Area
343 - SE Palm Bay

Schools

Elementary

Sunrise

Middle School

Southwest

High School

Bayside

Financial & Listing Details

Listed
Aug 30, 2026
Parcel #
29-37-28-Kq-02010.0-0002.00
$115K

Listing Agent (for property info)

M
Milena Fernandes
Golden Group Realty LLC
407-990-5905
Call Listing Agent

Estimated Monthly Payment

$871/mo
Principal & interest
$606
Property taxes
$115
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $115K price — down payment shown: $23,000.

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# 1086286

What's Nearby

schools
Odyssey Junior/Senior High
1.0 mi away
schools
Odyssey Prep Academy
1.0 mi away
fire stations
Palm Bay Fire Department Station 4
1.1 mi away
shopping
Chevron
1.1 mi away
schools
Sunrise Elementary School
2.0 mi away
government
Supervisor of Elections and Property Appraiser
2.1 mi away
schools
Royal Palm Charter School
2.1 mi away
restaurants
McDonald's
2.1 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1086286 · Listing Broker: Golden Group Realty LLC · 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.