Powerlines at the Street! Existing home adjacent to the lot! Buildable Section! 0.23 acre single family residential lot [Rs2 Zoning] available in Port Malabar Unit #49 of Palm Bay. Nicely located in the rural SW Section, this lot is just 2.5 miles -6 minutes- to Publix Shopping, 1.2 miles -3 minutes- to Bayside High and Westside Elementary Schools, 11.5 miles -23 minutes- to the Melbourne Square Mall, and just 17 miles to the beaches in Indialantic. Only an hour away from the Kennedy Space Center! From Exit #176 of I-95 go west on Palm Bay Road NE. Turn left on Minton Road and proceed south for 3.3 miles. Right on Jupiter Boulevard and left on DeGroodt Road SW, Go south for 2.5 miles and turn right on J.A. Bombardier Boulevard, Left on Madden Avenue and right on Banyan Street SW.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$267
Per Month
Principal & Interest
$200
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$186
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Westside Elementary School
2175 Degroodt Rd SW
Distance between this listing and this school1.28 miles
Public District Grades PK-6
6
/10
Jupiter Elementary School
950 Tupelo Rd SW
Distance between this listing and this school2.41 miles
Public District Grades PK-6
3
/10
John F. Turner Senior Elementary School
3175 Jupiter Blvd SE
Distance between this listing and this school3.21 miles
Public District Grades PK-6
Nearby Schools
2
/10
Southwest Middle School
451 Eldron Blvd SE
Distance between this listing and this school3.33 miles
Public District Grades 7-8
6
/10
Royal Palm Charter School
7145 Babcock St NE
Distance between this listing and this school4.49 miles
Public Charter Grades KG-8
8
/10
Pineapple Cove Classical Academy at West Melbourne
3455 Norfolk Pkwy
Distance between this listing and this school6.36 miles
Public Charter Grades KG-8
Nearby Schools
3
/10
Bayside High School
1901 Degroodt Rd SW
Distance between this listing and this school1.12 miles
Public District Grades 9-12
6
/10
Odyssey Charter School
1755 Eldron Blvd SE
Distance between this listing and this school2.18 miles
Public Charter Grades KG-12
7
/10
Pineapple Cove Classical Academy
6162 Minton Rd NW
Distance between this listing and this school3.82 miles
The neighbors living near this home have an average income of $56,628. Typical income of Palm Bay, FL residents is between $35k-100k annually. Most families are married, with kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 801 Banyan St SW
What is the listing price of this property?
The listing price of 801 Banyan St SW property is $39,999.
What type of property is this?
The property 801 Banyan St SW is land located in Palm Bay, Florida, 32908.
Is this property for sale now?
Active Listing: 801 Banyan St SW 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 $102 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on October 1, 2004 for $29,000. (source: MLS/tax record).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 801 Banyan St SW in Palm Bay, FL and zip code 32908 in the Port Malabar neighborhood. This home sits on a 0.23 acre lot. It has been listed on Rocket Homes since November 12, 2023 and is currently priced at $39,999.
Over 28 listings were sold over their listed price in October 2024 in Palm Bay, FL. In the same period over 85 listings were sold below the listed price and 77 listings were sold for the listed price. Between September 2024 and October 2024, Palm Bay, FL real estate market has seen increase in the number of listings by 1.7%. In October 2024, listings were on the market for 64 days. During the same period, the median list price in this real estate market was $330,000.
From Rocket Homes Real Estate and based on county public records data.