
Residential Land for Sale in Palm Bay, Florida
401 Olsmar St SW, Palm Bay, FL 32908
Rare Opportunity - Corner Lot with Adjacent Lot Also Available! Great opportunity to secure a 0.26-acre corner lot in an up-and-coming Palm Bay neighborhood, very close to Bayside Lakes. This parcel sits at Olsmar St SW / Hagoplan Ave SW and can be purchased individually, while the adjacent 0.24-acre lot is also offered by the same owner. That creates the potential to purchase both side-by-side lots for extra space, privacy, a larger homesite, or future investment. The area continues to grow, with many new homes recently completed and additional construction currently underway. The property offers no HOA, no deed restrictions, and is outside a flood zone, giving you added flexibility for future plans. Enjoy a quiet residential setting close to schools, restaurants, shopping, Publix, and everyday conveniences. Atlantic beaches and many Central Florida attractions are also within convenient driving distance. Drive by and take a look at the potential this corner lot - and the opportunity to combine it with the neighboring parcel - has to offer.
Location
- Street address
- 401 Olsmar St SW
- County
- Brevard County
- Zip code
- 32908
- Community
- Port Malabar Unit 31
- Elevation
- 20 feet
Directions
From central Palm Bay, take Malabar Rd SW west, turn left on Minton Rd SW, then right on Jupiter Blvd SW. Turn left on Degroodt Rd SW, right on Olsmar St SW, and continue to 409 Olsmar Street SW / corner to Hagoplan Ave SW.
Property details
- Lot size
- 0.26 acres11,326 sq ft
- Zoning
- SRE
- MLS #
- MFRMLS GC543562
- Posted
Property taxes
- 2025
- $746
Parcels
- 29 3625-JP-1492-13
Legal description
PORT MALABAR UNIT 31 LOT 13 BLK 1492
Details and features
Listing
- Type
- Land
Structure
- Sewer
- Public Sewer
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Sept 19, 2026 | Under contract | $55,000 | — | MFRMLS |
| Sept 16, 2026 | New listing | $55,000 | — | MFRMLS |