1 / 3
For SaleLand / Lot
$59K
36 Emerson Drive NW, Palm Bay, FL 32907
Northwest Palm Bay neighborhood
Subdivision: Port Malabar Unit 44
0
Bathrooms

About This Property

Description from listing agent

Build your dream home or secure a smart investment on this .23-acre homesite with city water and septic, located in a well-established neighborhood in desirable North Palm Bay where available lots are becoming increasingly limited. This property offers the perfect blend of convenience, stability, and future growth, just under 3 miles (about a 4-minute drive) to the brand-new Publix at John Heritage Parkway and less than 5 miles (about 6 minutes) to the upcoming Space Coast Town Center. Hammock Landing is also nearby, offering a variety of shopping, dining, and everyday conveniences. Enjoy easy access to I-95 for commuting and a short drive to the beaches. Surrounded by ongoing development while still tucked into an established area, this location continues to attract both homeowners and investors. With strong growth and increasing demand, this lot presents an excellent opportunity to build now or invest for the future.

Space Coast Context

🚀 Launch Viewing — Fair Views

37.8 mi from SLC-40

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

Aerospace Commute Guide
L3Harris7.3 mi~16 min
Northrop9 mi~20 min
Blue Origin32.5 mi~1h 12m
SpaceX33.1 mi~1h 14m
Lockheed33.2 mi~1h 14m
Boeing/KSC34 mi~1h 16m
KSC34.1 mi~1h 16m

Estimates only — verify with Google Maps.

Flood Risk

Flood zone data not yet available for this listing. Check FEMA Flood Map

Source: FEMA National Flood Hazard Layer. Insurance estimates are ranges only — get a quote for accurate pricing.

Price History

Date
Event
Price
  • 3/30/26
    Listed
    $59K

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

Price vs. Comparable Sales
4.4% above median
Median comparable close: $56,500 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
90.2% of list price
At that rate, a competitive offer ≈ $53,196
Price Reductions
No reductions
Listed price has not changed since hitting the market
See & adjust the 5 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
82
MLS Area
344 - NW Palm Bay

Schools

Elementary

Discovery

Middle School

Central

High School

Heritage

Financial & Listing Details

Listed
Mar 30, 2026
Parcel #
28-36-21-Ko-02298.0-0005.00
$59K

Listing Agent (for property info)

R
Rachel N Feiss
Keller Williams Realty Brevard
321-514-9881
Call Listing Agent

Estimated Monthly Payment

$520/mo
Principal & interest
$311
Property taxes
$59
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $59K price — down payment shown: $11,800.

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.

MLS# 1073287

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Equal Housing Opportunity

MLS# 1073287 · Listing Broker: Keller Williams Realty Brevard · 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.