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Buildable Residential Lot
For Sale
$42,000

1480 Traverse Street Southeast, Palm Bay, FL 32909

Buildable residential lot in Port Malabar Unit #18, with access via Traverse Road.

Property Size10,019 SF
Lot Size0.23 Acres
Price / SF$4.19
Days on Market383

Property Features for 1480 Traverse Street Southeast

General Information

Standard status Active
Size 10,019 SF
Lot size 0.23 Acres
Property subtype Land / Unimproved Land
Zoning Residential

Site & Location

Highway Access Yes
Road Access Yes

Taxes and HOA fees

Annual Taxes $303
Listing Agency: Coldwell Banker Realty
Listed By: Philip L Rotondo · License #3055546
Source: Compass
Added: Aug 20, 2025 Changed: Sep 5 Last Checked: Sep 5 at 2:14PM

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 Coldwell Banker Realty

Investment Insights

Based on property information with market context.

This offering is a buildable residential lot totaling 0.23 acres in Port Malabar Unit #18 of Palm Bay. The property is located in the southeast section, providing a straightforward single-lot setup for residential development.

Access directions from I-95 (Exit #173) include heading west on Malabar Road for 0.2 miles, turning left on San Filippo Drive for 3.8 miles, and turning right on Traverse Road. The lot will be on the left.

The owner will only consider a full price offer and requires a closing after 01/02/2026 for tax purposes.

Key Highlights

  • 0.23‑acre buildable residential lot in Port Malabar Unit #18 (Palm Bay)
  • Access via Traverse Road; lot will be on your left
  • About 1.9 miles (4 minutes) to Columbia Elementary School

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Real Estate Agency Restaurant Building Supply Spa & Massage Center Auto Repair Shop

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
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

63
Businesses Nearby

Demographics for 32909, FL

36,789
Population
14,278
Households
2.6
Avg Household Size
42
Median Age
23%
College-Educated
92%
High-School Grad
57.7 sq mi
ZIP Area
638
Density / Sq Mi
$76,708
Median Household Income
$36,071
Median Earnings
$1,502
Median Rent
$261,400
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 - Buildable residential lot in Port Malabar Unit #18, with access via Traverse Road.
Where is this residential land & home lot located?
The property is located at 1480 Traverse Street Southeast 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: 0.23‑acre buildable residential lot in Port Malabar Unit #18 (Palm Bay); Access via Traverse Road; lot will be on your left; About 1.9 miles (4 minutes) to Columbia Elementary School
More about this property
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