1 / 10
For SaleLand / Lot
$40K
509 Fellenz Street SW, Palm Bay, FL 32908
Southwest Palm Bay neighborhood
Subdivision: Port Malabar Unit 30
0
Bathrooms

About This Property

Description from listing agent

Excellent opportunity to own a vacant residential lot in the rapidly growing area of Southwest Palm Bay! Located in a quiet neighborhood surrounded by newer homes and ongoing development, making it ideal for both future homeowners and investors looking to capitalize on Palm Bay's continued growth. Conveniently located near major roadways including Malabar Road, Jupiter Boulevard, and DeGroodt Road, offering easy access throughout the city and to I-95. Nearby shopping, dining, and everyday conveniences and retail centers along Malabar Road. This oversized lot offers plenty of space to build your custom dream home with no HOA restrictions. Whether you are looking to build now, hold as an investment, or add to your land portfolio, this property presents strong potential in one of Brevard County's expanding residential markets.

Space Coast Context

🚀 Launch Viewing — Fair Views

44.2 mi from SLC-40

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

Aerospace Commute Guide
L3Harris12.1 mi~27 min
Northrop14.1 mi~31 min
Blue Origin38.5 mi~1h 26m
SpaceX39.4 mi~1h 28m
Lockheed39.5 mi~1h 28m
Boeing/KSC40.8 mi~1h 31m
KSC41.1 mi~1h 32m

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
  • 5/19/26
    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 27 comparable sales in this area in the last 180 days.

Price vs. Comparable Sales
85.9% below market
Median comparable close price: $283,900
Typical Offer Discount
96.9% of list price
At that rate, a competitive offer ≈ $38,678
Price Reductions
No reductions
Listed price has not changed since hitting the market

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
22
MLS Area
345 - SW Palm Bay

Schools

Elementary

Westside

Middle School

Southwest

High School

Bayside

Financial & Listing Details

Listed
May 26, 2026
Parcel #
29-36-25-Kj-01360.0-0025.00
$40K

Listing Agent (for property info)

V
Vanessa D'Orazio
Keller Williams Realty Brevard
256-665-4819
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# 1077679

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Equal Housing Opportunity

MLS# 1077679 · 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.