1 / 5
For SaleLand / Lot
$45K
834 Sailboat Street SW, Palm Bay, FL 32908
Southwest Palm Bay neighborhood
Subdivision: Port Malabar Unit 49
0
Bathrooms

About This Property

Description from listing agent

Looking for the perfect lot for your dream home? Do you desire a peaceful, quiet, and private neighborhood. This blank slate is waiting for your touch to create something special. Feels like you are in the middle of nowhere when you are less than 5 miles from shopping and Great schools. South Palm Bay is a quickly growing area. Road paving scheduled in Phase 5. St. Johns Heritage Pkwy is in the process as is Emerald Lakes (new town) What does this mean to you? Even more conveniences. shopping, restaurants, life, without the hectic pace of being 'in town'. . . . Drive by and see for yourself. . Use GPS.

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
L3Harris12 mi~27 min
Northrop14 mi~31 min
Blue Origin38.3 mi~1h 25m
SpaceX39.2 mi~1h 27m
Lockheed39.3 mi~1h 28m
Boeing/KSC40.5 mi~1h 30m
KSC40.8 mi~1h 31m

Estimates only — verify with Google Maps.

Flood Risk

Zone X (500-yr) — Moderate Risk

Moderate flood risk (0.2% annual chance). Flood insurance is optional but advisable.

Estimated flood insurance: $800 – $2,500 / yr — varies by coverage, elevation & insurer

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

Offer Intelligence

Based on 33 comparable sales in this area in the last 180 days.

Price vs. Comparable Sales
20.0% above median
Median comparable close: $37,500 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
91.2% of list price
At that rate, a competitive offer ≈ $41,047
Price Reductions
No reductions
Listed price has not changed since hitting the market
See & adjust the 33 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
627
MLS Area
345 - SW Palm Bay

Schools

Elementary

Westside

Middle School

Southwest

High School

Bayside

Financial & Listing Details

Listed
Oct 22, 2024
Parcel #
29-36-26-Ks-02582.0-0009.00
$45K

Listing Agent (for property info)

R
Ruth A. Murphy
Dale Sorensen Real Estate Inc.
772-971-3239
Call Listing Agent

Estimated Monthly Payment

$432/mo
Principal & interest
$237
Property taxes
$45
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $45K price — down payment shown: $9,000.

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# 1027648

Interested in this property?

Equal Housing Opportunity

MLS# 1027648 · Listing Broker: Dale Sorensen Real Estate 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.