Lot/land

$56,000

551 Falmouth St SW, Palm Bay, FL 32908

--beds

--baths

0.28Acres

Unimproved Land

Built in ----

0.28 Acres Lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Paved roadNicely woodedQuiet and established area

EASY TO FIND AND NICELY WOODED, THIS .28 ACRE OVERSIZED LOT OFFERS AN EXCELLENT OPPORTUNITY TO BUILD IN A QUIET AND ESTABLISHED AREA WITH A PAVED ROAD. LOTS WITH THIS MUCH DEPTH ARE HARD TO COME BY, AND WITH APPROXIMATELY 150 FEET OF DEPTH, THIS PROPERTY PROVIDES FLEXIBILITY FOR A VARIETY OF HOME DESIGNS. SURROUNDED BY NEW CONSTRUCTION, THE AREA CONTINUES TO SHOW STRONG GROWTH AND APPEAL, MAKING THIS AN IDEAL LOCATION FOR A PRIMARY RESIDENCE OR FUTURE INVESTMENT. THE LOT IS CONVENIENTLY LOCATED NEAR LOCAL SCHOOLS AND JUST MINUTES FROM THE POPULAR BAYSIDE LAKES COMMERCIAL AREA, OFFERING EASY ACCESS TO PUBLIX, WALGREENS, DUNKIN, STARBUCKS, RESTAURANTS, BANKING, AND OTHER EVERYDAY NECESSITIES. ADDITIONAL SHOPPING, DINING, AND COMMUTING OPTIONS ARE AVAILABLE ALONG THE BUSY MALABAR ROAD CORRIDOR, INCLUDING QUICK ACCESS TO I 95 FOR DAILY TRAVEL. THIS PROPERTY UTILIZES WELL WATER AND SEPTIC. TAKE A DRIVE BY AND EXPLORE THE POSSIBILITIES.

237 days
14
0

Facts & features

Interior

Features

Has fireplace: No

Property

Features

Has view: Yes
View description: Trees/Woods

Lot

Size: 0.28 Acres
Dimensions: 80 x 150
Features: Wooded

Details

Parcel number: 293613Kk01585.00020.00
Special conditions: Standard

Utilities & green energy

Sewer: Aerobic Septic
Water: Private, Well
Utilities for property: Sewer Not Available, Water Not Available

Community & HOA

Community

Subdivision: Port Malabar Unit 32

HOA

Has HOA: No

Location

Region: Palm Bay

Financial & listing details

Tax assessed value: $29,500
Annual tax amount: $284
Date on market: 1/13/2026
Listing terms: Cash
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
1/13/2026	Listed for sale	$56,000+761.5%
Source: Space Coast AOR #1066332 Report a problem
3/6/2003	Sold	$6,500
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$284 +12.2%	$29,500 +15.7%
2024	$253 +11.2%	$25,500 +15.9%
2023	$228 +19.2%	$22,000 +15.8%
2022	$191 +39.2%	$19,000 +111.1%
2021	$137 +14.4%	$9,000 +28.6%
2020	$120 -30.5%	$7,000 +7.7%
2019	$173	$6,500 +18.2%
2018	$173 +5.7%	$5,500 +388.9%
2017	$163 +0.7%	$1,125 -73.2%
2016	$162 +81.6%	$4,200 +40%
2015	$89 +25.4%	$3,000 +20%
2014	$71	$2,500 +25%
2013	--	$2,000 -20%
2012	$60 -28.6%	$2,500 -28.6%
2011	$84 -21.7%	$3,500 -30%
2010	$108 -23.7%	$5,000 -28.6%
2009	$141 -58.2%	$7,000 -61.1%
2008	$338 -28%	$18,000 -30.8%
2007	$470 +30.2%	$26,000 +44.4%
2005	$361 +82.1%	$18,000 +100%
2004	$198 +255.4%	$9,000 +275%
2003	$56 +19.5%	$2,400 +20%
2002	$47 +0.6%	$2,000
2001	$46 +2%	$2,000
2000	$45	$2,000

Find assessor info on the county website

Monthly payment

Estimated monthly payment$1,822

Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

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Climate risks

Neighborhood: 32908

Getting around

0 / 100

Car-Dependent

25 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

6/10
Westside Elementary School
Grades: PK-6Distance: 1.3 mi
3/10
Southwest Middle School
Grades: 7-8Distance: 2.7 mi
3/10
Bayside High School
Grades: 9-12Distance: 0.8 mi

Schools provided by the listing agent

Elementary: Westside
Middle: Southwest
High: Bayside

Source: Space Coast AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.