$50,393

500 Hobart Avenue

Palm Bay, FL 32907

Active
0
Baths
0.14
Acres
$8/sqft
Land

Property type

6,098 sqft

Lot size

$8

Price / sq ft

No HOA

HOA dues

167

Days on market

X

Flood zone

About this home

Don't miss this opportunity to own a prime vacant lot in rapidly growing Palm Bay, FL! Located at 500 Hobart Ave NW, this .23-acre lot sits on a paved residential street in a quiet neighborhood. This property offers the perfect canvas to build your custom dream home or as a smart investment for the future. With no HOA and no deed restrictions, you're free to design a home that fits your lifestyle. Power is nearby, and well/septic are typical for the area. Conveniently located just minutes from I-95, major shopping, schools, restaurants, and the Space Coast beaches, this lot offers the perfect blend of tranquility and accessibility. Surrounded by newer homes and ongoing development, this area is seeing strong demand and rising property values. Secure your slice of Florida today and build when you're ready — the future is bright in Palm Bay!

Estimated monthly payment

Principal & interest$255
Property taxes$43
Home insurance (est.)$23

Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.

Price & listing history167 days on market

  1. Status: Active
    Oct 22, 2025
  2. Listed$50,393
    Oct 22, 2025
  3. Price increased$50,393

Facts & features

Property type
Land
Status
Active
Days on market
167
Subdivision
Port Malabar Unit 39
County
Brevard
Price/sq ft
$8
Lot size
6,098 sq ft
Lot category
0 to less than 1/4
Flood zone
X
Annual taxes
$521 (2024)
Parcel #
28 3634-25-1849-2
Zoning
RS2
MLS #
OM712029

HOA & Financial

Total monthly fees
$0/mo
Total annual fees
$0
Ownership
Fee Simple

Exterior & Construction

Road surface
Paved

Utilities

Sewer
Septic Needed
Water source
Well Required
Utilities
Electrical Nearby, Water Nearby

Listing Details

Listing date
2025-10-22
On market date
2025-10-22
Original list price
$50,393
MLS area
32907 - Palm Bay/Melbourne
Listing AOR
Ocala - Marion
Status changed
2025-10-22
Tax legal description
PORT MALABAR UNIT 39 LOT 2 BLK 1849

Flood risk

Minimal riskFEMA Zone X

Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

Location

Directions

Head to I-95, Palm?Bay. Take the Malabar Road (FL-514 / CR-514) exit heading west. Continue on Malabar Road until you reach Jupiter?Boulevard?NW; turn right (north) onto Jupiter Boulevard. Turn left onto Serenade?Street?NW. Continue on Serenade; it becomes Hobart?Avenue?NW. Drive along Hobart Avenue NW until you reach 500?Hobart?Ave?NW on the left-hand side (or depending on numbering, check both sides).

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MLS GRID

Listings courtesy of Stellar MLS as distributed by MLS GRID

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the MLS GRID as of April 7, 2026 at 2:01 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA