Looking to purchase a lot in the Compound before the new road goes in this is your lot. Prime location, take advantage of this offer now before others realize this hot spot is about to take off.
Property Details
Property Features
Listing Office:
Office Name: RE/MAX Elite
Office Phone: (321) 752-5858
Listing Agent: Patricia Ellis Wong
Lot Features
Lot Information:
Lot: Many Trees
Lot Size: 0.23 Acres
Other
Directions Information:
Directions: 95 South to exit 176 right on Palm Bay Road Left on Minton Right on Jupiter Left on Degroot right on J A Bombardier Left On Madden Right on Merry
Price Information
Listing Price Info
Price Summary:
List Price: $45,000
Tax Information:
Annual Amount: $108
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Palm Bay, FL.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$292
Per Month
Principal & Interest
$225
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
$201
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
6
/10
Odyssey Preparatory Charter Academy
1350 Wyoming Dr SE
Distance between this listing and this school0.63 miles
Public Charter Grades KG-6
4
/10
Columbia Elementary School
1225 Waco Blvd SE
Distance between this listing and this school0.92 miles
Public District Grades PK-6
7
/10
Westside Elementary School
2175 Degroodt Rd SW
Distance between this listing and this school2.19 miles
Public District Grades PK-6
Nearby Schools
6
/10
Royal Palm Charter School
7145 Babcock St NE
Distance between this listing and this school1.47 miles
Public Charter Grades KG-8
2
/10
Southwest Middle School
451 Eldron Blvd SE
Distance between this listing and this school2.76 miles
Public District Grades 7-8
4
/10
Palm Bay Academy Charter School
2112 Palm Bay Rd NE
Distance between this listing and this school5.81 miles
Public Charter Grades KG-8
Nearby Schools
6
/10
Odyssey Charter School
1755 Eldron Blvd SE
Distance between this listing and this school1.03 miles
Public Charter Grades KG-12
3
/10
Bayside High School
1901 Degroodt Rd SW
Distance between this listing and this school2.10 miles
Public District Grades 9-12
7
/10
Pineapple Cove Classical Academy
6162 Minton Rd NW
Distance between this listing and this school4.02 miles
The neighbors living near this home have an average income of $53,019. The majority of Palm Bay, FL residents have income between $35k-100k annually. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 807 Merry St SW
What is the listing price of this property?
The listing price of 807 Merry St SW property is $45,000.
What type of property is this?
The property 807 Merry St SW is land located in Palm Bay, Florida, 32908.
Is this property for sale now?
Active Listing: 807 Merry 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 $108 (source: MLS/based on county public records data).
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 807 Merry 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 September 04, 2024 and is currently priced at $45,000.
In November 2024 more than 11 listings in Palm Bay, FL were sold above the asking price. During the same period more than 78 listings were sold at asking price, while more than 85 were sold below. The number of homes for sale in Palm Bay, FL increased by 5% between October 2024 and November 2024. Listings spent 71 days on the market in November 2024, and had a median list price of $330,166 during the same period.
From Rocket Homes Real Estate and based on county public records data.