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

Price vs. Comparable Sales
13.5% above median
Median comparable close: $37,000 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
93.1% of list price
At that rate, a competitive offer ≈ $39,089
Price Reductions
No reductions
Listed price has not changed since hitting the market
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 (single family, condo, townhouse, etc.)
  • 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 ±20% of list price
  • Square footage within ±10–20% (tighter in early tiers)
  • Year built always within ±5–15 years (never dropped)

We search in tiers — starting with the same subdivision, then the same neighborhood, then the same zip code (up to 5 miles). Year built is always required so comps are from the same era of construction. We never search city-wide. Sales within the last 90 days are weighted 2× in the median to reflect current market conditions.

This is the same analysis a local agent performs by hand — done automatically on every listing.

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
79
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

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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.