About This Property
Description from listing agentMost vacant lots make you start from scratch. This one doesn't. The site plan, drainage survey, and septic permit are already secured for this oversized 0.37-acre homesite in SE Palm Bay, helping streamline the process from closing to construction. The lot is cleared, level, and ready for development, with a natural buffer along the rear property line adjacent to a drainage canal for added privacy and separation. An added bonus: 8 pallets of cultured stone convey with the sale, providing valuable materials that may help reduce sourcing time and construction costs. Conveniently located near everyday amenities, including Publix at Bayside Lakes, Walgreens, and Bill Madden Park. The I-95 interchange is approximately 6 minutes away, offering convenient access throughout Brevard County, while Malabar Road is approximately 14 minutes to the north. Well and septic are required, owner has a septic permit already in hand, an important step toward building has already been completed.
Space Coast Context
🚀 Launch Viewing — Fair Views
44.8 mi from SLC-40
44.8 miles from SLC-40 — visible as a bright streak in good conditions.
Estimates only — verify with Google Maps.
Flood Risk
Outside the Special Flood Hazard Area. Flood insurance is optional but recommended.
Estimated flood insurance: $500 – $1,200 / 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 11 comparable sales in this area in the last 180 days.
See & adjust the 11 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.
Location
Get DirectionsAdditional Details
Schools
Elementary
Sunrise
Middle School
Southwest
High School
Bayside
Financial & Listing Details
Estimated Monthly Payment
- Principal & interest
- $274
- Property taxes
- $52
- Insurance
- $150
Based on a 6.90% rate, 30-year loan, and $52K price — down payment shown: $10,400.
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.
