1 / 11
For SaleLand / Lot
$43K
1330 Gimlet Street NW, Palm Bay, FL 32907
Northwest Palm Bay neighborhood
Subdivision: Port Malabar Unit 26
0
Bathrooms

About This Property

Description from listing agent

Discover the perfect opportunity to create your ideal Florida lifestyle on this spacious partially cleared, buildable lot in Palm Bay. With plenty of room to design the home you've always envisioned, this property offers the convenience of well water and a head start on development with clearing already begun. Nestled in a growing neighborhood, you'll enjoy the peace of a residential setting while still being close to shopping, dining, schools, and major roadways for an easy commute. Whether you're looking to build your first home, invest in property, or design a custom retreat, this lot has the potential to bring your vision to life. Don't miss out—schedule a visit today and see all the possibilities this Palm Bay lot has to offer!

Space Coast Context

🚀 Launch Viewing — Fair Views

39.1 mi from SLC-40

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

Aerospace Commute Guide
L3Harris7.7 mi~17 min
Northrop9.6 mi~21 min
Blue Origin33.6 mi~1h 15m
SpaceX34.4 mi~1h 17m
Lockheed34.5 mi~1h 17m
Boeing/KSC35.5 mi~1h 19m
KSC35.7 mi~1h 20m

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
  • 6/11/26
    Price change
    $43K -10.4%

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 13 comparable sales in this area in the last 180 days.

Price vs. Comparable Sales
13.2% above median
Median comparable close: $38,000 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
93.5% of list price
At that rate, a competitive offer ≈ $40,206
Price Reductions
1 reduction
Originally listed at $43,000 · Cut $5,000 total
See & adjust the 13 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
0.23 acres (10,019 sqft)
Days on Market
124
MLS Area
344 - NW Palm Bay

Schools

Middle School

Central

High School

Heritage

Financial & Listing Details

Listed
Apr 28, 2026
Parcel #
28-36-34-Fb-01898.0-0012.00
$43K

Listing Agent (for property info)

D
Donell Edward Knight
Blue Marlin Real Estate
321-490-5202
Call Listing Agent

Estimated Monthly Payment

$420/mo
Principal & interest
$227
Property taxes
$43
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $43K price — down payment shown: $8,600.

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# 1075855

What's Nearby

government
West Palm Bay Post Office
1.0 mi away
shopping
Circle K
1.0 mi away
home improvement
True Value
1.3 mi away
fire stations
Palm Bay Fire Department Station 3
1.3 mi away
dog parks
Fred Poppe Regional Dog Park
1.4 mi away
schools
Discovery Elementary School
1.6 mi away
restaurants
Softball Snacks
1.7 mi away
schools
Jupiter Elementary School
1.7 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1075855 · 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.