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Vacant Land in Palm Bay
For Sale
$47,000

862 BITLIS Street SW, Palm Bay, FL 32908

Land, PALM BAY, FL

Property SizeContact for details
Lot Size0.23 Acres
Days on Market880

Property Features for 862 BITLIS Street SW

General Information

Property type Land
Property subtype Other
Zoning SINGLE FAMILY RESIDENTIAL
Subdivision PORT MALABAR UNIT 49
Lot features Interior Lot, Wooded
Directions MADDEN AVE SW, TL ON BITLIS ST SW, LOT ON L 4 PARCELS FROM CORNER, 862 SW BITLIS ST
Standard status Active
APN 29-36-26-KS-02576.0-0005.00
Lot size 0.23 Acres

Taxes and HOA fees

Tax Year 2023
Tax Description PORT MALABAR UNIT 49 LOT 5 BLK 2576
Tax Annual Amount 206
Legal Description PORT MALABAR UNIT 49 LOT 5 BLK 2576
Listing Agency: PLATINUM HOMES AND LAND REALTY
Listed By: Frank Falbo · License #3078460
Added: Apr 3, 2024 Changed: Aug 25 Last Checked: Aug 30 at 1:06AM
MLS# OM674708

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 0.23-acre vacant land is located in Palm Bay, Florida, specifically in the Port Malabar area. Zoned for single-family residential use, the lot presents an opportunity to build a home. The property is situated in an area where land values are reportedly increasing.

Key Highlights

  • Vacant land suitable for building a home.
  • Located in the desirable Port Malabar area.
  • Owner financing available.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Kitchen & Bath Showroom Barber Shop Gym & Fitness Center Nursing Home Hotel & Motel

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

16
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 - Vacant land in Port Malabar area, ideal for building a home.
Where is this land located?
The property is located at 862 BITLIS Street SW Palm Bay, FL.
What is the asking price?
The asking price for this property is $47,000.
What are key features of this property?
This property features: Vacant land suitable for building a home.; Located in the desirable Port Malabar area.; Owner financing available.
More about this property
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