$2,990,000
$210K PRICE DROP

Estimated payment $17,392/month

Total Views 5,743
7 Acres
$421,127 Price per Acre
309,276 Sq Ft Lot

Highlights

  • 7.1 Acre Lot
  • Wooded Lot
  • No HOA

About This Lot

Rare Find! Over 7 acres commercial or mixed use development opportunity with 250 ft frontage on Palm Bay Road just east of Babcock St! Build office or retail space with great visibility and high traffic count on Palm Bay Rd and condos in the back. Only 3 Miles from Indian River. A+ Rated Schools, Retail Shops & Entertainment nearby.

Listing Agent

Sue Borrelli

We Say Sold Inc License #3308750

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,822

Year Built

  • 1938

Lot Details

  • 7.1 Acre Lot
  • Lot Dimensions are 250x1237
  • Wooded Lot
  • Zoning described as Commercial

Schools

  • Riviera Elementary School
  • Stone Middle School
  • Palm Bay High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 28-37-22-00-00502.0-0000.00

Property Details

Property Type

Land

Est. Annual Taxes

$8,822

Year Built

1938

Lot Details

0

Listing Details

  • Property Type: Land
  • Reso Property Sub Type: Unimproved Land
  • ResoLotFeatures: Wooded
  • Road Frontage Type: City Street
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: None
  • Sewer:Public Sewer: Yes
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands
  • Year Built: 1938

Exterior Features

  • Pool Features: None
  • Acres: 7.1
  • Waterfront: No
  • Lot Features:Wooded: Yes

Utilities

  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Stone

Lot Info

  • Current Use: Commercial
  • Lot Dimensions: 250X1237
  • Lot Size Sq Ft: 309276.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 28-37-22-00-00502.0-0000.00
  • Zoning Description: Commercial
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 8822.22

MLS Schools

  • Elementary School: Riviera
  • High School: Palm Bay

Map

Range of Values:

Collateral Analytics

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ICE

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $8,822 $477,150 $477,150 $0
2022 $8,906 $477,150 $0 $0
2021 $8,634 $433,760 $433,760 $0
2020 $8,606 $433,760 $433,760 $0
2019 $9,993 $433,760 $433,760 $0
2018 $9,975 $433,760 $433,760 $0
2017 $9,718 $160,880 $0 $0
2016 $8,333 $402,200 $402,200 $0
2015 $8,209 $365,800 $343,400 $22,400
2014 $8,299 $363,640 $343,400 $20,240
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2025 04/22/25 Price Changed $2,990,000 -3.5% --
02/11/2025 02/11/25 Price Changed $3,100,000 -3.1% --
05/01/2024 05/01/24 For Sale $3,200,000 -- --
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Deed History

Date Type Sale Price Title Company
Warranty Deed $750,000 Alday Donalson Title Agencie
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $500,000 No Value Available
Source: Public Records

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

MLS Number: 1012628

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-37-22-00-00502.0-0000.00