For SaleLand / Lot
$42K
187 Labra Road SW, Palm Bay, FL 32908
Southwest Palm Bay neighborhood
Subdivision: Port Malabar Unit 30
0
Bathrooms

About This Property

Description from listing agent

Build your vision here--and get in before this growing area becomes the next high-demand hotspot. You will appreciate proximity to bayside high school, westside elementary school, and odyssey charter school, while commuters benefit from quick access to the I-95 south interchange. A minimum 1,800 sq ft under-air building requirement, this area is designed to support long-term value and quality homes. well and septic give you flexibility, and the setting offers the space and privacy many buyers are looking for today.

Space Coast Context

🚀 Launch Viewing — Fair Views

44.3 mi from SLC-40

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

Aerospace Commute Guide
L3Harris12.2 mi~27 min
Northrop14.2 mi~32 min
Blue Origin38.5 mi~1h 26m
SpaceX39.5 mi~1h 28m
Lockheed39.6 mi~1h 28m
Boeing/KSC41 mi~1h 31m
KSC41.3 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
  • 4/1/26
    Listed
    $42K

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
12.0% above median
Median comparable close: $37,500 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
92.2% of list price
At that rate, a competitive offer ≈ $38,744
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
0.24 acres (10,454 sqft)
Days on Market
153
MLS Area
345 - SW Palm Bay

Schools

Elementary

Westside

Middle School

Southwest

High School

Bayside

Financial & Listing Details

Listed
Apr 2, 2026
Parcel #
29-36-25-Kj-01377.0-0014.00
$42K

Listing Agent (for property info)

R
Randy Neuman
BHHS Florida Realty
321-652-7675
Call Listing Agent

Estimated Monthly Payment

$413/mo
Principal & interest
$221
Property taxes
$42
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $42K price — down payment shown: $8,400.

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# 1073533

What's Nearby

government
City of Palm Bay
0.8 mi away
schools
Westside Elementary School
1.2 mi away
government
Supervisor of Elections and Property Appraiser
1.5 mi away
schools
Bayside High School
1.6 mi away
restaurants
Domino's
1.8 mi away
shopping
7-Eleven
1.8 mi away
pharmacies
Bayside Lakes Family Pharmacy
1.9 mi away
restaurants
Dunkin'
1.9 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1073533 · Listing Broker: BHHS Florida 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.