Investor & DIY Alert: Solid-Bones 3/2 on a Massive 0.3+ Acre Lot in Palm Bay! This 3-bedroom, 2-bath home is a rare find — a well-built fixer-upper sitting on an oversized lot of over a third of an acre, giving you space that's nearly impossible to find at this price point on Florida's Space Coast. Whether you're an investor looking for your next flip, a contractor ready to build sweat equity, or a buyer who wants room to grow (and maybe a boat, RV, or workshop), this property delivers the foundation to make it happen. The Bones are solid block/stucco construction with a durable roofline and functional layout — this home just needs cosmetic updates and TLC to shine. The split floor plan offers privacy, with a spacious primary suite featuring its own en-suite bathroom, plus two additional bedrooms and a second full bath for family or guests. With over 0.3 acres to work with, the possibilities go well beyond the house itself — think expanded outdoor living, a pool, garden space, or room for toys and storage. Bring your vision and your contractor; this is the kind of lot and layout that rewards renovation with real equity upside. Palm Bay is Brevard County's largest city by land area and one of the fastest-growing communities on Florida's Space Coast — offering more space and value than the pricier beachside markets nearby. Residents enjoy easy access to 30+ city parks, the Turkey Creek Sanctuary, a nearby river Lagoon, and a short drive to area beaches, while nearby employment hubs like L3Harris, Northrop Grumman, Health First, and the growing aerospace corridor (including SpaceX and Blue Origin) continue to fuel steady population growth and long-term appreciation potential. With no state income tax, a lower cost of living than coastal Florida, and quick access to I-95 and the Florida Turnpike, Palm Bay offers the kind of room-to-grow lifestyle that's becoming harder to find on the Space Coast. Bring your vision — this one is priced to reflect its as-is condition and ready for someone to unlock its full potential. **YOU MUST GO AND WALK THE PROPERTY BEFORE SENDING AS-IS!! YOU WILL HAVE 3 DAYS MAX INSPECTION AFTER A CONTRACT IS SIGNED. ALSO, PLEASE SUBMIT YOUR HIGHEST AND BEST BECAUSE NO PRICE ADJUSTMENTS WILL BE MADE AFTER SIGNED.**
For sale
Price cut: $40K (9/1)
$170,000
621 ELDRON BOULEVARD SE, PALM BAY, FL 32909
3beds
1,458sqft
Single Family Residence
Built in 1982
0.3 Acres Lot
$206,300 Zestimate®
$117/sqft
$-- HOA
What's special
Two additional bedroomsEn-suite bathroomFunctional layoutSpacious primary suiteDurable roofline
- 52 days
- 1,073
- 57
Zillow last checked:
Listing updated:
Listed by:
Roy Shows, Jr 863-288-0728,
5.23 REAL ESTATE 859-428-7960,
Kasey McCarty 859-428-7960,
5.23 REAL ESTATE
Source: Stellar MLS,MLS#: S5153766
Originating MLS: Osceola

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Features: Built-in Closet
- Level: First
- Area: 156 Square Feet
- Dimensions: 12x13
Bedroom 2
- Features: Built-in Closet
- Level: First
- Area: 100 Square Feet
- Dimensions: 10x10
Bedroom 3
- Features: Built-in Closet
- Level: First
- Area: 81 Square Feet
- Dimensions: 9x9
Bathroom 1
- Level: First
- Area: 25 Square Feet
- Dimensions: 5x5
Bathroom 2
- Level: First
- Area: 40 Square Feet
- Dimensions: 8x5
Balcony porch lanai
- Level: First
Bonus room
- Features: No Closet
- Level: First
- Area: 110 Square Feet
- Dimensions: 10x11
Dining room
- Level: First
- Area: 110 Square Feet
- Dimensions: 11x10
Kitchen
- Level: First
Laundry
- Level: First
- Area: 64 Square Feet
- Dimensions: 8x8
Living room
- Level: First
- Area: 165 Square Feet
- Dimensions: 15x11
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: Dishwasher, Electric Water Heater, Microwave, Refrigerator, Water Softener
- Laundry: Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup
Features
- Living Room/Dining Room Combo, Primary Bedroom Main Floor, Thermostat
- Flooring: Ceramic Tile, Laminate
- Has fireplace: Yes
- Fireplace features: Living Room
Interior area
- Total structure area: 1,458
- Total interior livable area: 1,458 sqft
Property
Features
- Levels: One
- Stories: 1
- Exterior features: Private Mailbox, Private Yard, Sidewalk
Lot
- Size: 0.3 Acres
- Dimensions: 105 x 125
Details
- Parcel number: 29 3707GN5451
- Zoning: RS2
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Block, Stucco
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1982
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: BB/HS Internet Available, Cable Available, Electricity Available, Phone Available, Sewer Connected, Water Connected
Community & HOA
Community
- Pet fee: $0 monthly
- Subdivision: PORT MALABAR UNIT 12
HOA
- Has HOA: No
Location
- Region: Palm Bay
Financial & listing details
- Price per square foot: $117/sqft
- Tax assessed value: $164,410
- Annual tax amount: $2,129
- Date on market: 7/15/2026
- Cumulative days on market: 28 days
- Listing terms: Cash
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
$206,300
$196,000 - $217,000
$1,845/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/1/2026 | Price change | $170,000-19%$117/sqft |
Source: | ||
| 8/24/2026 | Price change | $210,000-4.5%$144/sqft |
Source: | ||
| 8/13/2026 | Price change | $220,000-13.7%$151/sqft |
Source: | ||
| 8/11/2026 | Listed for sale | $255,000$175/sqft |
Source: | ||
| 8/1/2026 | Contingent | $255,000$175/sqft |
Source: | ||
| 7/28/2026 | Listed for sale | $255,000$175/sqft |
Source: | ||
| 7/21/2026 | Contingent | $255,000$175/sqft |
Source: | ||
| 7/15/2026 | Listed for sale | $255,000+200.4%$175/sqft |
Source: | ||
| 5/7/2002 | Sold | $84,900+60.2%$58/sqft |
Source: Public Record Report a problem | ||
| 9/19/1995 | Sold | $53,000$36/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,130 +2.9% | $159,220 +2.9% |
| 2024 | $2,071 -23.1% | $154,740 -16.9% |
| 2023 | $2,694 +9.4% | $186,270 +4.6% |
| 2022 | $2,463 +16.5% | $178,000 +54% |
| 2021 | $2,114 +11.7% | $115,550 +15.9% |
| 2020 | $1,893 -4.4% | $99,740 +2.3% |
| 2019 | $1,980 | $97,540 +8.9% |
| 2018 | $1,980 +8.5% | $89,540 +13.2% |
| 2017 | $1,826 +5.7% | $79,130 +10.1% |
| 2016 | $1,728 +18.5% | $71,880 +31.9% |
| 2015 | $1,458 +19% | $54,490 +10% |
| 2014 | $1,225 | $49,540 +9.8% |
| 2013 | -- | $45,100 +10.1% |
| 2012 | $987 -13.3% | $40,950 -13.2% |
| 2011 | $1,138 -11.3% | $47,190 -20.8% |
| 2010 | $1,283 -12.2% | $59,550 -17.8% |
| 2009 | $1,461 -21.6% | $72,410 -27% |
| 2008 | $1,864 -18.7% | $99,200 -15% |
| 2007 | $2,293 +10.8% | $116,700 +16.8% |
| 2005 | $2,069 +44.5% | $99,920 +56.1% |
| 2004 | $1,432 +8% | $64,030 +22.4% |
| 2003 | $1,326 +193.2% | $52,300 +6.8% |
| 2002 | $452 +1.6% | $48,950 +10.6% |
| 2001 | $445 +9.3% | $44,260 +3.5% |
| 2000 | $407 | $42,770 |
Find assessor info on the county website
Monthly payment
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