Beautiful lot in great location. Recent surrounding homes selling in the high $300-400,000 range. Located in Flood zone x outside of the flood zone~ zoned for a single family home. NO HOA. Lot size is .24 acres, access to city water and sewer. Palm Bay is becoming one of the fastest-developing cities in Florida, making it ideal to build a home in or to purchase this lot as an investment for the future. It's just 20 minutes south of Melbourne close to I-95 for easy commuting throughout the county. Palm Bay road has lots of shops for your everyday needs. Many outdoor activities are nearby, such as nature sanctuaries, hikes /walks, water access, parks and golfing. Lot is sold AS IS
Property Details
Property Features
Listing Office:
Office Name: RE/MAX Elite
Office Phone: (321) 752-5858
Listing Agent: Jantina C Getz
Exterior Features
Exterior Information:
View: Trees/Woods
Lot Features
Lot Information:
Lot: Many Trees, Wooded
Lot Size: 0.24 Acres
Other
Directions Information:
Directions: Emerson To Cynthia St
Price Information
Listing Price Info
Price Summary:
List Price: $75,000
Tax Information:
Annual Amount: $332
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.
$442
Per Month
Principal & Interest
$375
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
$291
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
3
/10
John F. Turner Senior Elementary School
3175 Jupiter Blvd SE
Distance between this listing and this school0.76 miles
Public District Grades PK-6
4
/10
Columbia Elementary School
1225 Waco Blvd SE
Distance between this listing and this school1.57 miles
Public District Grades PK-6
6
/10
Port Malabar Elementary School
301 Pioneer Ave NE
Distance between this listing and this school2.04 miles
Public District Grades PK-6
Nearby Schools
2
/10
Southwest Middle School
451 Eldron Blvd SE
Distance between this listing and this school0.76 miles
Public District Grades 7-8
6
/10
Royal Palm Charter School
7145 Babcock St NE
Distance between this listing and this school2.17 miles
Public Charter Grades KG-8
4
/10
Palm Bay Academy Charter School
2112 Palm Bay Rd NE
Distance between this listing and this school3.88 miles
Public Charter Grades KG-8
Nearby Schools
7
/10
Pineapple Cove Classical Academy
6162 Minton Rd NW
Distance between this listing and this school1.93 miles
Public Charter Grades KG-12
6
/10
Odyssey Charter School
1755 Eldron Blvd SE
Distance between this listing and this school2.48 miles
Public Charter Grades KG-12
3
/10
Bayside High School
1901 Degroodt Rd SW
Distance between this listing and this school3.08 miles
The neighbors living near this home have an average income of $66,019. Typical income of Palm Bay, FL residents is between $35k-100k annually. The majority of families are single, no kids. 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 are the common housing types 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.
What are the advantages of living in Palm Bay, FL?
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 essential services in Palm Bay, FL convenient?
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.
How do Palm Bay, FL residents get around?
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 862 Cynthia St SE
What is the listing price of this property?
The listing price of 862 Cynthia St SE property is $75,000.
What type of property is this?
The property 862 Cynthia St SE is land located in Palm Bay, Florida, 32909.
Is this property for sale now?
Active Listing: 862 Cynthia St SE 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 $332 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on July 27, 2004 for $19,100. (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 862 Cynthia St SE in Palm Bay, FL and zip code 32909. This home sits on a 0.24 acre lot. It has been listed on Rocket Homes since November 26, 2024 and is currently priced at $75,000.
Palm Bay, FL housing market in November 2024 saw over 11 listings sold above listed price, more than 78 sold at listed price and over 85 sold below. 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.