1 / 5
For SaleLand / Lot
$62K
690 Seaport Terrace SE, Palm Bay, FL 32909
Palm Bay - Bayside Lakes neighborhood
Subdivision: Port Malabar Unit 50
0
Bathrooms

About This Property

Description from listing agent

PREMIUM CORNER LOT WITH CITY WATER - PORT MALABAR UNIT 50. Skip the tight 0.23-ac interior lots requiring expensive private wells. This premium 0.28-acre oversized corner lot (90' x 135' equivalent / 12,200 sq ft) sits beautifully at Seaport Ter & Koutnik Rd SE. Located in a high-end, highly desirable, manicured block of Unit 50 surrounded by modern, high-value single-family homes. PROPERTY HIGHLIGHTS: City Water Available: Save thousands on site setup--hook straight into municipal water lines at the street line. Oversized Corner Layout: Incredible footprint flexibility for expansive floor plans or modern side-load garages. No HOA / No Restrictions: Complete freedom to build your dream home and store your boat or RV on your property. Cleared Status: Sits safely in Flood Zone X (No mandatory flood insurance).LEGAL: Port Malabar Unit 50, Block 2684, Lot 10.

Space Coast Context

🚀 Launch Viewing — Fair Views

41.3 mi from SLC-40

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

Aerospace Commute Guide
L3Harris9.2 mi~21 min
Northrop11.2 mi~25 min
Blue Origin35.5 mi~1h 19m
SpaceX36.5 mi~1h 21m
Lockheed36.6 mi~1h 22m
Boeing/KSC38.1 mi~1h 25m
KSC38.5 mi~1h 26m

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.

Price History

Date
Event
Price
  • 9/18/26
    Listed
    $62K

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

Price vs. Comparable Sales
3.3% above median
Median comparable close: $60,000 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
95.4% of list price
At that rate, a competitive offer ≈ $59,151
Price Reductions
No reductions
Listed price has not changed since hitting the market
See & adjust the 13 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
23
MLS Area
343 - SE Palm Bay

Schools

Elementary

Columbia

Middle School

Southwest

High School

Bayside

Financial & Listing Details

Listed
Sep 18, 2026
$62K

Listing Agent (for property info)

C
Cliff Glansen
FlatFee.com
877-575-5505
Call Listing Agent

Estimated Monthly Payment

$539/mo
Principal & interest
$327
Property taxes
$62
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $62K price — down payment shown: $12,400.

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# 1087971

What's Nearby

schools
Odyssey Charter School
1.0 mi away
schools
Columbia Elementary School
1.1 mi away
grocery
Publix
1.1 mi away
gas stations
Mobil
1.2 mi away
restaurants
Dunkin'
1.2 mi away
restaurants
McDonald's
1.3 mi away
pharmacies
Bayside Lakes Family Pharmacy
1.3 mi away
shopping
7-Eleven
1.3 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1087971 · Listing Broker: FlatFee.com · 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.