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Residential Lot in Palm Bay
For Sale
$38,500

480 TRUMAN Street SW, Palm Bay, FL 32908

Land, PALM BAY, FL

Property SizeContact for details
Lot Size0.23 Acres
Days on Market141

Property Features for 480 TRUMAN Street SW

General Information

Property type Land
Property subtype Other
Zoning RS2
Subdivision PORT MALABAR UNIT 19
View Water
Directions ake I-95 to Exit 173 (Malabar Rd / SR-514). Head west on Malabar Rd SE for approximately 3.5 miles. Turn left onto Minton Rd SE. Continue for about 1 mile, then turn right onto Jupiter Blvd SW. Drive ~1.5 miles, then turn left onto De Groodt Rd SW. Continue for about 1 mile, then turn right onto Truman St SW. The property will be on your left-hand side.
Standard status Active
APN 29 3601-25-1089-24
Lot size 0.23 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description PORT MALABAR UNIT 19 LOT 24 BLK 1089
Tax Annual Amount 344
Legal Description PORT MALABAR UNIT 19 LOT 24 BLK 1089

Utilities

Sewer type Septic Needed
Water source Well Needed
Listing Agency: LPT REALTY, LLC
Listed By: Jose Diaz Negron · License #3494629
Added: Apr 21 Changed: Aug 21 Last Checked: Sep 8 at 4:06AM
MLS# S5148364

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This residential lot is located in Palm Bay, Florida, an area experiencing rapid growth on Florida’s Space Coast. The property offers convenient access to I-95 via Malabar Rd (SR-514) and US-1, providing connectivity to surrounding areas. Orlando International Airport (MCO) is approximately 1 hour away, while the beaches are accessible within 20–25 minutes, and Kennedy Space Center is 35–40 minutes away. The lot is suitable for building a primary home or as a long-term investment in a high-growth area. The lot size is 0.23 acres.

Key Highlights

  • Prime residential lot in Palm Bay, FL, a rapidly growing area.
  • Strategic location with quick access to I‑95, Malabar Rd (SR‑514), and US‑1.
  • Conveniently located ~1 hour from Orlando International Airport (MCO).

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Restaurant Hair Salon Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

49
Businesses Nearby

Demographics for 32908, FL

14,420
Population
5,140
Households
2.8
Avg Household Size
37
Median Age
21%
College-Educated
89%
High-School Grad
19.2 sq mi
ZIP Area
751
Density / Sq Mi
$66,589
Median Household Income
$40,503
Median Earnings
$1,822
Median Rent
$265,500
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Land - Residential lot in a rapidly growing Florida location.
Where is this land located?
The property is located at 480 TRUMAN Street SW Palm Bay, FL.
What is the asking price?
The asking price for this property is $38,500.
What are key features of this property?
This property features: Prime residential lot in Palm Bay, FL, a rapidly growing area.; Strategic location with quick access to I‑95, Malabar Rd (SR‑514), and US‑1.; Conveniently located ~1 hour from Orlando International Airport (MCO).
More about this property
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