This residential lot is located in Port Malabar Unit 49, a quiet area of southwest Palm Bay made up of established single-family homes and new construction. The property sits on an oversized .32 acre lot with no HOA and no deed-restricted community requirements.
The area offers straightforward access to Malabar Road, I-95, and the growing commercial corridor nearby. It's a practical option for a future home site or long-term hold in a steadily developing part of the city. Flood zone X.
Pending
$25,000
740 Akola Ter SW, Palm Bay, FL 32908
--beds
--baths
0.32Acres
Unimproved Land
Built in ----
0.32 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 156 days |
- 26 |
- 2 |
Zillow last checked:
Listing updated:
Listed by:
Terry M Pate 321-610-0084,
Watson Realty Corp
Source: Space Coast AOR,MLS#: 1068505
Facts & features
Interior
Features
- Has fireplace: No
Property
Lot
- Size: 0.32 Acres
- Features: Wooded
Details
- Parcel number: 293635Ks02545.00004.00
- Zoning description: Residential
- Special conditions: Probate Listing
Utilities & green energy
- Sewer: Unknown
- Water: Other
- Utilities for property: Other
Community & HOA
Community
- Subdivision: Port Malabar Unit 49
HOA
- Has HOA: No
Location
- Region: Palm Bay
Financial & listing details
- Tax assessed value: $22,000
- Annual tax amount: $248
- Date on market: 2/6/2026
- Listing terms: Cash,Conventional
- Road surface type: Dirt
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$2,483/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/24/2026 | Pending sale | $25,000 |
Source: Space Coast AOR #1068505 Report a problem | ||
| 6/10/2026 | Listed for sale | $25,000 |
Source: Space Coast AOR #1068505 Report a problem | ||
| 2/9/2026 | Contingent | $25,000 |
Source: Space Coast AOR #1068505 Report a problem | ||
| 2/6/2026 | Listed for sale | $25,000+733.3% |
Source: Space Coast AOR #1068505 Report a problem | ||
| 2/27/2004 | Sold | $3,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $249 +14.7% | $22,000 +22.2% |
| 2024 | $217 +9.1% | $18,000 |
| 2023 | $199 +14.3% | $18,000 +9.1% |
| 2022 | $174 +49.4% | $16,500 +175% |
| 2021 | $116 +14% | $6,000 +33.3% |
| 2020 | $102 -38.7% | $4,500 |
| 2019 | $166 | $4,500 +18.4% |
| 2018 | $166 +4.5% | $3,800 +360.6% |
| 2017 | $159 -2.1% | $825 -70.5% |
| 2016 | $163 +110.2% | $2,800 -17.6% |
| 2015 | $77 +13.7% | $3,400 +47.8% |
| 2014 | $68 | $2,300 +21.1% |
| 2013 | -- | $1,900 |
| 2012 | $46 -5% | $1,900 -5% |
| 2011 | $48 -2.7% | $2,000 -13% |
| 2010 | $50 -55.3% | $2,300 -58.2% |
| 2009 | $111 -40.9% | $5,500 -45% |
| 2008 | $188 -30.7% | $10,000 -33.3% |
| 2007 | $271 -15.5% | $15,000 -6.3% |
| 2005 | $321 +82.2% | $16,000 +100% |
| 2004 | $176 +373.7% | $8,000 +400% |
| 2003 | $37 +32.8% | $1,600 +33.3% |
| 2002 | $28 +60.7% | $1,200 +60% |
| 2001 | $17 +2.2% | $750 |
| 2000 | $17 | $750 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Principal & interest
$1,547Mortgage insurance
$0Property taxes
$170Home insurance
$105HOA fees
$0Utilities
Not includedAll 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.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 32908
Nearby schools
GreatSchools rating
- 6/10Westside Elementary SchoolGrades: PK-6Distance: 2.1 mi
- 3/10Southwest Middle SchoolGrades: 7-8Distance: 5.4 mi
- 3/10Bayside High SchoolGrades: 9-12Distance: 2.5 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.
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Contact agent
- Florida
- Brevard County
- Palm Bay
- 32908
- 740 Akola Ter SW