$49,500
120 District Street Se, Palm Bay, Fl 32909
Palm Bay, FL 32909
Listing updated: June 9, 2026 at 9:24 AM ET
Property type
Lot size
HOA dues
About this home
The 0.23 acre buildable residential lot located in Port Malabar Unit 12 of southeast Palm Bay has city water available! Conveniently located, it is just 1.9 miles - 5 minutes to Turner Elementary School, 2.1 miles - 6 minutes to the Publix Supermarket, 12 miles - 28 minutes to Melbourne Airport, and 14 miles - 36 minutes to the beaches of Indialantic. From exit #173 of I-95, go west on Malabar Road for .2 miles, left on San Filippo Drive for .5 miles, right on Jupiter Boulevard for 1.7 miles, left on Eldron Boulevard for 1.2 miles, right on Breakwater Street for .3 miles, right on Asturia Avenue for .1 mile, and left on District Street. The lot will be on your left. A recent environmental report shows 3 gopher tortoises on the property (there is an additional cost for permitting and mitigation).
Local Insight
At $49,500 for a 0.23-acre vacant lot in Port Malabar Unit 12, you're looking at land speculation or a long-term hold—there's no immediate development potential without understanding local zoning, utilities availability, and whether the GDC infrastructure extends to this specific pocket. The Port Malabar subdivision is established but inland without the waterfront premium, so your upside depends entirely on whether Palm Bay's westward growth materializes in this direction and when, making this a bet on future appreciation rather than a near-term build opportunity.
AI-generated insight based on listing data and neighborhood context. Verify independently.
Estimated monthly payment
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 history
- Price increased$49,500
Documents
Facts & features
- Property type
- Land
- Sub type
- Unimproved Land
- Status
- Active
- Subdivision
- Port Malabar Unit 12
- County
- Brevard
- Lot size
- 10,019 sq ft
- MLS #
- 1074525
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Listing Details
- Original list price
- $49,500
Location
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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 June 9, 2026 at 9:24 AM 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.
Brevard County listings courtesy of the Space Coast Association of REALTORS® (Space Coast MLS)
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. Data is deemed reliable but is not guaranteed accurate by the MLS.
© 2026Space Coast Association of REALTORS®. All information should be independently reviewed and verified for accuracy.
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