$114,500
Palm Bay, FL 32909
MLS# 1055942
1 / 9
Property Description
Prime opportunity with this 0.43-acre lot zoned RM15, ideal for multifamily development, a duplex or building your dream primary residence. Comparable in size to two standard residential lots, it offers ample space and flexibility. Located in a growing area with city water available, this property is perfect for investment or personal use. Call today for more details!
Details
Maps
Location, Tax, and Legal
Tax Account: 2943941
Parcel Number: 29-37-28-Kq-02033.0-0003.00
General County Location: South
Elementary School: Sunrise
Middle School: Southwest
High School: Bayside
Tax Annual Amount: 541.79
Tax Year: 2023
Directions: From Malabar Road, head south on Babcock Street. Turn right onto Bolanos Avenue, then continue to Chamorro Street.
General Property Information
Lot Size Acres: 0.43
Lot Size Square Feet: 18731
Association YN: No
Waterfront YN: No
CDD Fee YN: No
List Price/Acre: 266279.07
Remarks and Miscellaneous
Public Remarks: Prime opportunity with this 0.43-acre lot zoned RM15, ideal for multifamily development, a duplex or building your dream primary residence. Comparable in size to two standard residential lots, it offers ample space and flexibility. Located in a growing area with city water available, this property is perfect for investment or personal use. Call today for more details!
Closing Company Details
Closing Company Name: Landing Title
Closing Company Address: 1679 Garden Ave. Melbourne, FL 32934
Current Use
Multi-Family: 1
Residential: 1
Single Family: 1
Listing Terms
Cash: 1
Conventional: 1
Lot Features
Wooded: 1
Possession
Close Of Escrow: 1
Road Surface Type
Paved: 1
Sewer
Septic Tank: 1
Special Listing Conditions
Standard: 1
Utilities
Electricity Available: 1
Water Available: 1
Water Source
Public: 1
Showing Requirements
Other: 1
Contract Information
Current Price: $114,500
Original List Price: 120000
List Price: $114,500
Status: Active
Listing Contract Date: 2025-08-27
Property Sub Type: Unimproved Land
Location Tax and Legal
Street Number: 1626
Street Name: Chamorro
Street Suffix: Street
Street Direction Suffix: SE
County: Brevard
State: FL
Postal Code: 32909
MLS Area Major: 343 - SE Palm Bay
Subdivision Name: Port Malabar Unit 46
Status Change Information
Major Change Timestamp: 2026-02-21T16:56:56Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-02-21T16:56:56Z
Status Change Timestamp: 2025-08-31
Property Features
Current Use: Multi-Family; Residential; Single Family
Listing Terms: Cash; Conventional
Lot Features: Wooded
Possession: Close Of Escrow
Road Surface Type: Paved
Sewer: Septic Tank
Showing Requirements: Other
Special Listing Conditions: Standard
Utilities: Electricity Available; Water Available
Water Source: Public
Listing Office: Waterman Real Estate Inc.
Last Updated: February - 21 - 2026
Information is deemed to be reliable, but is not guaranteed.