$650,000
PENDING $100K PRICE DROP

Estimated payment $3,916/month

Total Views 2,856
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 24-Hour Security
  • 11.62 Acre Lot
  • 24 Hour Access
  • View of Trees or Woods
  • Corner Lot
  • Closed Circuit Camera

About This Home

Prime 11.62-Acre Development Opportunity in Palm Bay!

11.62-acre parcel presents an excellent investment opportunity for residential development in one of Palm Bay's up-and-coming areas. Zoned for Currently for a single-family home, this expansive, flat lot offers ample space to create a thoughtfully planned residential community, appealing to buyers or renters looking for tranquility within reach of urban amenities.

Palm Bay's proximity to major highways, popular beaches, and high-quality schools makes it a magnet for those seeking Florida's warm climate and lifestyle without the congestion of the city. The property is just minutes from I-95, providing easy access to the surrounding cities and regional attractions. Nearby parks, recreational facilities, and shopping centers also enhance the appeal of this neighborhood.

With new infrastructure improvements in the works across Palm Bay, this area is primed for growth and is already attracting attention from developers... and investors alike. Don't miss this rare opportunity to shape the next residential community in a thriving market.

Key Property Highlights:

Lot Size: 11.62 acres
Zoning: Single-Family Residential
Location: Corner of Madden Ave SW & Sidney St SW
Accessibility: Minutes to I-95, close to schools, parks, and shopping
Development Potential: Ideal for creating a new residential community in an area experiencing strong growth

Invest in the future of Palm Bay with this prime location, perfect for residential development or as a long-term investment in Florida's flourishing real estate market.

Listing Agent

Jack Jeffcoat

Ellingson Properties License #3072354

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,542

Lot Details

  • 11.62 Acre Lot
  • Corner Lot
  • Cleared Lot

Property Views

  • Views of Woods

Home Design

  • Asphalt

Schools

  • Westside Elementary School
  • Southwest Middle School
  • Bayside High School

Utilities

  • Well
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Seller Concessions Offered

Community Details

Overview

  • Port Malabar Unit 49 Subdivision

Security

  • 24-Hour Security
  • 24 Hour Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,542

Lot Details

0

Listing Details

  • Property Type: Land
  • Reso Property Sub Type: Unimproved Land
  • ResoLotFeatures: Cleared, Corner Lot
  • Road Frontage Type: Other
  • Road Surface Type: Asphalt, Gravel
  • Reso View: Trees/Woods
  • ResoSecurityFeatures: 24 Hour Security, Closed Circuit Camera(s)
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Port Malabar Unit 49
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Exterior Features

  • Acres: 11.62
  • Lot Features:Corner Lot: Yes
  • Lot Features:Cleared: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Water Available, Other
  • Water Source: Well
  • Sewer Septic Tank: Yes

Schools

  • Middle Or Junior School: Southwest

Lot Info

  • Current Use: Residential, Single Family
  • Lot Size Sq Ft: 506167.2
  • ResoLotSizeUnits: Acres
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 3541.75

MLS Schools

  • Elementary School: Westside
  • High School: Bayside

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2025 04/18/25 Pending -- -- --
02/23/2025 02/23/25 Price Changed $650,000 -13.3% --
11/13/2024 11/13/24 For Sale $750,000 +2442.4% --
09/20/2024 09/20/24 For Sale $29,500 -39.8% --
07/11/2024 07/11/24 For Sale $49,000 -83.7% --
03/01/2023 03/01/23 Sold $300,000 -39.4% --
02/28/2023 02/28/23 Pending -- -- --
02/27/2023 02/27/23 For Sale $495,000 +890.0% --
09/28/2022 09/28/22 Sold $50,000 +75.4% --
08/05/2022 08/05/22 Sold $28,500 0.0% --
07/09/2022 07/09/22 Pending -- -- --
07/06/2022 07/06/22 For Sale $28,500 +5.6% --
03/14/2022 03/14/22 Sold $27,000 -46.0% --
02/27/2022 02/27/22 Pending -- -- --
02/20/2022 02/20/22 Pending -- -- --
01/24/2022 01/24/22 For Sale $50,000 +85.2% --
03/26/2021 03/26/21 Price Changed $27,000 -10.0% --
03/11/2021 03/11/21 For Sale $30,000 -- --
Source: Space Coast MLS (Space Coast Association of REALTORS®)

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Source: Space Coast MLS (Space Coast Association of REALTORS®)

MLS Number: 1029543

Space Coast MLS (Space Coast Association of REALTORS®)