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Residential Land for Sale in Palm Bay, Florida

409 Olsmar St SW, Palm Bay, FL 32908

$52,500
0.24 acres
Pending sale
Under contract

Rare Opportunity - Two Side-by-Side Lots Available in Palm Bay! Great opportunity to secure one or potentially two adjacent residential lots in an up-and-coming Palm Bay neighborhood, very close to Bayside Lakes. This 0.24-acre lot can be purchased individually, while the adjacent corner lot at Olsmar St SW / Hagoplan Ave SW (MLS: GC543562 - $55k) is also offered by the same owner. The area continues to grow, with many new homes recently completed and additional construction currently underway. Both parcels offer no HOA, no deed restrictions, and are outside a flood zone, giving you added flexibility for a future homesite, investment, or larger combined property. 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 these side-by-side lots have to offer.

Location

Street address
409 Olsmar St SW
Zip code
32908
Community
Port Malabar Unit 31
Elevation
21 feet
Coordinates
27.9388, -80.6813

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. on the right.

Property details

Lot size
0.24 acres10,454 sq ft
Zoning
SRE
MLS #
MFRMLS GC543558
Posted

Property taxes

2025
$746

Parcels

  • 29 3625-JP-1492-14

Legal description

Details and features

Listing

Type
Land

Structure

Sewer
Public Sewer

Listing history

DateEventPriceChangeSource
Sept 19, 2026Under contract$52,500—MFRMLS
Sept 16, 2026New listing$52,500—MFRMLS
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This 0.24-acre property is located at 409 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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