About This Property
Description from listing agentBeautiful vacant lot located in the heart of Port Malabar in southwest Palm Bay, Florida. This prime 0.30-acre corner lot is nestled in a peaceful neighborhood with no HOA restrictions. The lot has already been cleared and is flat, with convenient paved road access. While there's currently no construction in the immediate area, the property lies very close to buildable zones and is part of a rapidly expanding region. Being one of the few undeveloped and cleared parcels in the vicinity, this lot offers a rare opportunity to invest ahead of the curve in an up-and-coming neighborhood. Whether you're a builder, investor, or someone looking to secure land for the future, this property represents a fantastic opportunity for long-term appreciation. Don't miss out on this unique chance to be part of Palm Bay's exciting growth. Visit the property, explore the potential, and see firsthand why this is such a smart investment. You don't want to miss out!
Space Coast Context
🚀 Launch Viewing — Fair Views
43.7 mi from SLC-40
43.7 miles from SLC-40 — visible as a bright streak in good conditions.
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
- 5/5/25Listed$25K
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 14 comparable sales in this area in the last 180 days.
See & adjust the 14 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
Westside
Middle School
Southwest
High School
Bayside
Financial & Listing Details
Estimated Monthly Payment
- Principal & interest
- $132
- Property taxes
- $25
- Insurance
- $150
Based on a 6.90% rate, 30-year loan, and $25K price — down payment shown: $5,000.
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.
