1 / 2
For SaleLand / Lot
$40K
2626 Tolman Avenue SE, Palm Bay, FL 32909
Palm Bay - St. Johns Heritage Parkway neighborhood
Subdivision: Port Malabar Unit 25
0
Bathrooms

About This Property

Description from listing agent

DISCOVER THE PERFECT OPPORTUNITY TO BUILD YOUR DREAM HOME ON THIS BEAUTIFUL, WOODED LOT LOCATED IN A RAPIDLY GROWING AREA! PURCHASE THIS LOT ALONE OR EXPAND YOUR OPTIONS BY BUYING THE ADJOINING LOT TO THE SOUTH, ALSO AVAILABLE AT THE SAME PRICE. ENJOY THE CONVENIENCE OF NEWER ROADS AND A LOCATION JUST MINUTES FROM THE MAIN ROAD, MAKING TRAVEL EASY WHILE MAINTAINING A PEACEFUL SETTING. A SHORT DRIVE TAKES YOU TO THE POPULAR BAYSIDE LAKES COMMERCIAL DISTRICT, FEATURING PUBLIX, WALGREENS, DUNKIN, STARBUCKS, DOLLAR STORES, RESTAURANTS, A HEALTH FIRST MEDICAL FACILITY, AND MANY OTHER EVERYDAY CONVENIENCES. YOU ARE ALSO JUST 10 MINUTES FROM THE VIBRANT MALABAR ROAD CORRIDOR, OFFERING ADDITIONAL SHOPPING, DINING, AND QUICK ACCESS TO I-95 FOR AN EASY COMMUTE. THIS PROPERTY UTILIZES WELL WATER AND SEPTIC, PROVIDING AN EXCELLENT SETTING TO CREATE THE HOME YOU HAVE BEEN ENVISIONING. DRIVE BY TODAY AND SEE THE POSSIBILITIES FOR YOURSELF!

Space Coast Context

🚀 Launch Viewing — Fair Views

44 mi from SLC-40

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

Aerospace Commute Guide
L3Harris11.8 mi~26 min
Northrop13.8 mi~31 min
Blue Origin38.1 mi~1h 25m
SpaceX39.2 mi~1h 27m
Lockheed39.2 mi~1h 27m
Boeing/KSC40.8 mi~1h 31m
KSC41.2 mi~1h 32m

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
  • 7/19/26
    Listed
    $40K

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
7.8% above median
Median comparable close: $37,000 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
93.4% of list price
At that rate, a competitive offer ≈ $37,274
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
37
MLS Area
343 - SE Palm Bay

Schools

Elementary

Westside

Middle School

Southwest

High School

Bayside

Financial & Listing Details

Listed
Jul 21, 2026
Parcel #
29-37-29-Gv-01330.0-0020.00
$40K

Listing Agent (for property info)

C
Cheryl L Smith
Cheryl Smith Realty, Inc
321-544-8449
Call Listing Agent

Estimated Monthly Payment

$400/mo
Principal & interest
$210
Property taxes
$40
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $40K price — down payment shown: $7,980.

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# 1083042

What's Nearby

government
City of Palm Bay
0.9 mi away
government
Supervisor of Elections and Property Appraiser
1.0 mi away
restaurants
Domino's
1.4 mi away
shopping
7-Eleven
1.4 mi away
restaurants
McDonald's
1.4 mi away
pharmacies
Bayside Lakes Family Pharmacy
1.5 mi away
restaurants
Dunkin'
1.5 mi away
gas stations
Mobil
1.5 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1083042 · Listing Broker: Cheryl Smith Realty, Inc · 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.