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Vacant Residential Lot
For Sale
$42,000

525 Forrest Hills Street SW, Palm Bay, FL 32908

LAND - Palm Bay, FL

Property SizeContact for details
Lot Size0.23 Acres
Days on Market115

Property Features for 525 Forrest Hills Street SW

General Information

Property type Land
Property subtype Other
Subdivision Port Malabar Unit 30
Lot features Few Trees
Elementary school Westside
Middle school Southwest
High school Bayside
Directions Drive from I-95 S to West Melbourne. Take exit 176 from I-95 S. Take Minton Rd and Degroodt Rd SW to Forrest Hills St in Palm Bay.
Standard status Active
APN 29-36-36-Kj-01427.0-0023.00
Lot size 0.23 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description PORT MALABAR UNIT 30 LOT 23 BLK 1427
Tax Annual Amount 291
Legal Description PORT MALABAR UNIT 30 LOT 23 BLK 1427

Utilities

Sewer type Septic Tank
Water source Well
Listing Agency: Real Broker, LLC
Listed By: Ashley Westbrook · License #3308178
Added: May 7 Changed: Jun 13 Last Checked: Aug 29 at 12:06PM
MLS# 1076599

Copyright © 2026 Space Coast Association of Realtors. 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 is a vacant residential lot offered for sale in Palm Bay, Florida. The property is a buildable parcel with approximately 0.23 acres, positioned for a straightforward opportunity to design and construct a new home.

The address is 525 Forrest Hills Street SW, in a quiet, developing area of Palm Bay. The public remarks note convenient access to shopping and dining along the Malabar Road Corridor, and recreation options including Fred Poppe Regional Park and Turkey Creek Sanctuary. The location is also described as near Interstate 95, with travel to nearby destinations such as Melbourne and Vero Beach, and access to Florida’s Space Coast beaches.

For buyers looking to build now, the vacant status supports planning and construction on a single residential lot. For those building later, the parcel provides an option to hold a home site in a growing Palm Bay area, based on the location context described with the listing. Interested parties should confirm all intended use, building requirements, and permitting needs directly with the applicable local authorities prior to purchase.

Key Highlights

  • Vacant lot at 525 Forrest Hills St SW in Palm Bay, ready for you to build your dream home
  • Water source: well
  • Sewer: septic tank

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Auto Repair Shop Plumbing Service (Bike/Boat/Book/etc) Store Building Supply Carpet & Flooring Store Kitchen & Bath Showroom

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

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

23
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?
Residential land & home lot - Vacant 0.23-acre lot in Palm Bay suited for building a primary residence or future home site.
Where is this residential land & home lot located?
The property is located at 525 Forrest Hills Street SW Palm Bay, FL.
What is the asking price?
The asking price for this property is $42,000.
What are key features of this property?
This property features: Vacant lot at 525 Forrest Hills St SW in Palm Bay, ready for you to build your dream home; Water source: well; Sewer: septic tank
More about this property
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