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Residential Land for Sale in Palm Bay, Florida

401 Olsmar St SW, Palm Bay, FL 32908

$55,000
0.26 acres
Pending sale
Under contract

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
Zip code
32908
Community
Port Malabar Unit 31
Elevation
20 feet
Coordinates
27.9388, -80.681

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

Details and features

Listing

Type
Land

Structure

Sewer
Public Sewer

Listing history

DateEventPriceChangeSource
Sept 19, 2026Under contract$55,000—MFRMLS
Sept 16, 2026New listing$55,000—MFRMLS
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This 0.26-acre property is located at 401 Olsmar St SW in Palm Bay, FL 32908. The land is pending sale.

Listed by Florida Homes Realty & Mortgage, (904) 363-8395

Checked 2 hours agoUpdated Source

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