7 months on rocket

1790 Palm Bay Rd NE, Palm Bay, FL, 32905

$3,200,000

7.10 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeUnimproved Land
MLS #1012628
Lot Size7.10 Acres
StatusActive

About 1790 Palm Bay Rd NE

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.

Property Details

Property Features

Listing Office:

  • Office Name: We Say Sold Inc
  • Office Phone: (321) 265-9901
  • Listing Agent: Sue Borrelli

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  • Virtual Tour: 1790 Palm Bay Rd NE
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Lot Features

Lot Information:

  • Lot: Wooded
  • Lot Size: 7.10 Acres

Other

Directions Information:

  • Directions: From I-95, turn east on Palm Bay Rd. Property is just past Babcock St on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,200,000

Tax Information:

  • Annual Amount: $8,606
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Palm Bay, FL.

Med. Sold Price

$330.1K

Med. Price/SqFt

$193

Avg. Days On Market

71

# of Sold Homes

174

1790 Palm Bay Rd NE vs Palm Bay

215 DAYS ON ROCKET

+144 Days

$3,200,000

+$2.8M More

KEY TAKEAWAY

This property is $2.8M more than the Median Sold Price in Palm Bay, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Space Coast MLS (Space Coast Association of REALTORS®)
  • MLS Number: #1012628

Listing Office:

  • Office Name: We Say Sold Inc
  • Office Phone: (321) 265-9901
  • Listing Agent: Sue Borrelli

IDX Copyright © 2024 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/3/2024, 1:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 06, 2006Home Sold
$750,000

Tax History

YEARPROP. TAXASSESSMENT
2020$8,606$433,760
2019$9,975$433,760
2018$9,718$433,760
2017$9,718$402,200

History based on county public records data.

Payment Calculator

$16K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$9,660

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-3509484
5
/10
  • Riviera Elementary School

  • 351 Riviera Dr NE

  • 1.59 miles

  • Public District Grades PK-6

school-card-donut-3509485
3
/10
  • Palm Bay Elementary School

  • 1200 Alamanda Rd NE

  • 1.68 miles

  • Public District Grades PK-6

school-card-donut-3509486
6
/10
  • Port Malabar Elementary School

  • 301 Pioneer Ave NE

  • 2.01 miles

  • Public District Grades PK-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,447. Most Palm Bay, FL residents have annual incomes less than $35k. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Living In Palm Bay, FL

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Palm Bay, FL?

Palm Bay's housing market is diverse, offering a range of options from single-family homes to multi-family units. The architectural styles vary, with a noticeable presence of contemporary and ranch-style homes. The area has seen growth with new developments complementing the existing housing stock, which includes homes built from the 1970s onwards. The homeownership rate in Palm Bay is robust, reflecting a community invested in property ownership and stability.

Is Palm Bay, FL a good place to live?

Palm Bay is celebrated for its laid-back coastal lifestyle and natural beauty, with numerous parks and outdoor recreational opportunities. The community prides itself on a family-friendly atmosphere, with events like the Palm Bay Fair that highlight local culture and bring residents together. The city's character is further defined by its proximity to the Indian River Lagoon, appealing to those who appreciate water activities and conservation efforts.

Are things conveniently located in Palm Bay, FL?

The city of Palm Bay is served by a network of public schools, including elementary, middle, and high schools, as well as private educational institutions that cater to a range of learning preferences. Healthcare services are accessible, with facilities offering urgent care, primary care, and specialized medical services. The public library system supports lifelong learning and community engagement. Retail and dining options in Palm Bay reflect the local culture, with a mix of familiar chains and unique local establishments.

What does the transportation in Palm Bay, FL look like?

Transportation in Palm Bay includes a public bus system with established routes that connect key areas of the city. Ride-sharing services are available, providing additional options for residents and visitors. The city's layout and infrastructure support a car-dependent lifestyle, with major roads and highways facilitating travel to nearby cities and attractions. Efforts to enhance walkability and bikeability are ongoing, aiming to improve the overall accessibility of the city.

Frequently Asked Questions About 1790 Palm Bay Rd NE

What is the listing price of this property?

The listing price of 1790 Palm Bay Rd NE property is $3,200,000.

What type of property is this?

The property 1790 Palm Bay Rd NE is land located in Palm Bay, Florida, 32905.

Is this property for sale now?

Active Listing: 1790 Palm Bay Rd NE is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $8,606 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on November 6, 2006 for $750,000. (source: MLS/tax record).

How much acreage is this property?

The property 1790 Palm Bay Rd NE is 7.10 acres.
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Rocket HomesFloridaBrevard CountyPalm Bay329051790 Palm Bay Rd NE

This home is located at 1790 Palm Bay Rd NE in Palm Bay, FL and zip code 32905. This home sits on a 7.10 acre lot. It has been listed on Rocket Homes since May 02, 2024 and is currently priced at $3,200,000.

Over 11 listings were sold over their listed price in November 2024 in Palm Bay, FL. In the same period over 85 listings were sold below the listed price and 78 listings were sold for the listed price. Between October 2024 and November 2024, Palm Bay, FL real estate market has seen increase in the number of listings by 5%. In November 2024 median list price was $330,166 and the average listing age was 71 days.

From Rocket Homes Real Estate and based on county public records data.

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