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Vacant Lot in Palm Bay
For Sale
$51,537

1070 HAMMACHER Ave SW, Palm Bay, FL 32908

Vacant lot in a rapidly developing Palm Bay area.

Property SizeContact for details
Lot Size0.23 Acres
Days on Market274

Property Features for 1070 HAMMACHER Ave SW

General Information

Standard status Active
Lot size 0.23 Acres
Property subtype Land

Taxes and HOA fees

Annual Taxes $489
Listing Agency: SUNCOAST PROPERTY MANAGEMENT L
Listed By: KELLY LEIGH HICKS · License #3021641
Source: Elliman
Added: Nov 28, 2025 Changed: Aug 27 Last Checked: Aug 28 at 6:44PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SUNCOAST PROPERTY MANAGEMENT L

Investment Insights

Based on property information with market context.

This vacant lot is located in the Port Malabar area of Palm Bay. The site benefits from paved road access and nearby utilities. The property is positioned in a strong rental market, supported by new development in the surrounding neighborhood. There is no HOA. The location provides convenient access to shopping, dining, and major roadways, including I-95. It also offers quick access to the Space Coast and local employers. This lot is suitable for investors or builders looking to add new construction to their portfolio and is a potential location for a build-to-rent or long-term hold investment.

Key Highlights

  • Excellent vacant lot in fast‑growing Port Malabar area, ideal for investors/builders.
  • No HOA, providing design and build flexibility.
  • Strong rental market supported by new development.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Auto Repair Shop Nail Salon Pharmacy

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

69
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 lot in a rapidly developing Palm Bay area.
Where is this land located?
The property is located at 1070 HAMMACHER Ave SW Palm Bay, FL.
What is the asking price?
The asking price for this property is $51,537.
What are key features of this property?
This property features: Excellent vacant lot in fast‑growing Port Malabar area, ideal for investors/builders.; No HOA, providing design and build flexibility.; Strong rental market supported by new development.
More about this property
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