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Wooded Oversized Residential Lot
For Sale
$56,000

551 Falmouth Street, Palm Bay, FL 32908

Oversized wooded lot with paved road access and about 150 feet of depth for flexible home design.

Property Size12,197 SF
Lot Size0.28 Acres
Price / SF$4.59
Days on Market302

Property Features for 551 Falmouth Street

General Information

Standard status Active
Size 12,197 SF
Lot size 0.28 Acres
Property subtype Land / Unimproved Land

Site & Location

Highway Access Yes
Road Access Yes

Taxes and HOA fees

Annual Taxes $284
Listing Agency: Cheryl Smith Realty, Inc
Listed By: Cheryl L Smith · License #426949
Source: Compass
Added: Nov 8, 2025 Changed: Sep 5 Last Checked: Sep 5 at 2:27PM

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 Cheryl Smith Realty, Inc

Investment Insights

Based on property information with market context.

This wooded, oversized residential lot offers approximately 0.28 acres with about 150 feet of depth, providing flexibility for a variety of home designs. The property is described as easy to find and located in a quiet, established area with paved road frontage.

Located at 551 Falmouth Street in Palm Bay, the lot is near local schools and just minutes from the bayside lakes commercial area. The surrounding area includes everyday retail and dining options such as Publix, Walgreens, Dunkin, Starbucks, restaurants, and banking, with additional shopping, dining, and commuting access along the Malabar Road corridor, including quick access to I-95.

The property utilizes well water and septic.

Key Highlights

  • Oversized wooded lot with about 150 ft of depth for flexible home design
  • Paved road access in a quiet, established area
  • Utilities: well water and septic

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Building Supply Pharmacy Gym & Fitness Center Kitchen & Bath Showroom Plumbing Service

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

45
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
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Oversized wooded lot with paved road access and about 150 feet of depth for flexible home design.
Where is this residential land & home lot located?
The property is located at 551 Falmouth Street Palm Bay, FL.
What is the asking price?
The asking price for this property is $56,000.
What are key features of this property?
This property features: Oversized wooded lot with about 150 ft of depth for flexible home design; Paved road access in a quiet, established area; Utilities: well water and septic
More about this property
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