1 / 4
For SaleLand / Lot
$22K
1590 Indian Avenue SW, Palm Bay, FL 32908
Southwest Palm Bay neighborhood
Subdivision: Port Malabar Unit 49
0
Bathrooms

About This Property

Description from listing agent

The 0.23 acre Single Family Residential lot [Rs2 Zoning] with a drainage right-of-way easement canal in the back is in the buildable section of Palm Bay in Port Malabar Unit #49. Nicely located in the rural SW section near the famous Compound area, this lot is just 2.9 miles -9 minutes- to Publix Shopping, 1.6 miles -5 minutes- to Bayside High and Westside Elementary Schools, 11.8 miles -31 minutes- to the Melbourne Square Mall, and just 17.4 miles -42 minutes- to the beaches in Indialantic. From Exit #176 of I-95 go west on Palm Bay Road NE. Turn left on Minton Road and proceed 3.3 miles. Turn right on Jupiter Boulevard SW and left on Degroodt Road SW. Proceed south for 2.5 miles and turn right on J.A. Bombardier Boulevard SW. Proceed 0.9 miles and turn right on Madden Avenue, and left on Indian Avenue SW. The lot is on the right side of the road.

Space Coast Context

🚀 Launch Viewing — Fair Views

42.3 mi from SLC-40

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

Aerospace Commute Guide
L3Harris10.4 mi~23 min
Northrop12.4 mi~28 min
Blue Origin36.7 mi~1h 22m
SpaceX37.6 mi~1h 24m
Lockheed37.6 mi~1h 24m
Boeing/KSC38.8 mi~1h 26m
KSC39.1 mi~1h 27m

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
  • 8/22/26
    Listed
    $22K

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

Price vs. Comparable Sales
10.0% above median
Median comparable close: $20,000 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
91.9% of list price
At that rate, a competitive offer ≈ $20,229
Price Reductions
No reductions
Listed price has not changed since hitting the market
See & adjust the 3 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
4
MLS Area
345 - SW Palm Bay

Schools

Elementary

Westside

Middle School

Southwest

High School

Bayside

Financial & Listing Details

Listed
Aug 22, 2026
Parcel #
29-36-14-Ks-02636.0-0002.00
$22K

Listing Agent (for property info)

P
Philip L Rotondo
Coldwell Banker Realty
321-698-5893
Call Listing Agent

Estimated Monthly Payment

$288/mo
Principal & interest
$116
Property taxes
$22
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $22K price — down payment shown: $4,400.

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# 1085742

What's Nearby

schools
Bayside High School
1.4 mi away
schools
Westside Elementary School
1.7 mi away
schools
Jupiter Elementary School
1.9 mi away
shopping
BP Shop
2.1 mi away
government
City of Palm Bay
2.3 mi away
pharmacies
Bayside Lakes Family Pharmacy
2.3 mi away
schools
Odyssey Charter School
2.4 mi away
restaurants
Domino's
2.4 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1085742 · Listing Broker: Coldwell Banker Realty · 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.