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Palm Bay Vacant Lot
For Sale
$50,393

500 HOBART Ave NW, Palm Bay, FL 32907

Vacant .23-acre lot in Palm Bay, Florida.

Property SizeContact for details
Lot Size0.14 Acres
Days on Market274

Property Features for 500 HOBART Ave NW

General Information

Standard status Active
Lot size 0.14 Acres
Property subtype Land

Taxes and HOA fees

Annual Taxes $520
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 3:09PM

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 .23-acre vacant lot is located on Hobart Ave NW in Palm Bay, Florida. Situated on a paved residential street within a quiet neighborhood, the property presents an opportunity to build a custom home or for investment purposes. There is no HOA and no deed restrictions. Power is nearby, and well/septic systems are typical for the area. The location provides convenient access to I-95, shopping centers, schools, restaurants, and Space Coast beaches. The surrounding area features newer homes and ongoing development.

Key Highlights

  • Prime vacant lot in rapidly growing Palm Bay, FL, presenting a significant investment opportunity.
  • No HOA or deed restrictions, offering complete freedom in home design and use.
  • Conveniently located minutes from I‑95, shopping, schools, restaurants, and Space Coast beaches.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Building Supply Kitchen & Bath Showroom Auto Parts Store

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

77
Businesses Nearby

Demographics for 32907, FL

44,432
Population
17,761
Households
2.5
Avg Household Size
44
Median Age
22%
College-Educated
91%
High-School Grad
17.7 sq mi
ZIP Area
2,510
Density / Sq Mi
$71,827
Median Household Income
$36,498
Median Earnings
$1,693
Median Rent
$253,700
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 .23-acre lot in Palm Bay, Florida.
Where is this land located?
The property is located at 500 HOBART Ave NW Palm Bay, FL.
What is the asking price?
The asking price for this property is $50,393.
What are key features of this property?
This property features: Prime vacant lot in rapidly growing Palm Bay, FL, presenting a significant investment opportunity.; No HOA or deed restrictions, offering complete freedom in home design and use.; Conveniently located minutes from I‑95, shopping, schools, restaurants, and Space Coast beaches.
More about this property
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