
Residential Land for Sale in Palm Bay, Florida
409 Olsmar St SW, Palm Bay, FL 32908
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
- County
- Brevard County
- Zip code
- 32908
- Community
- Port Malabar Unit 31
- Elevation
- 21 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. 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
PORT MALABAR UNIT 31 LOT 14 BLK 1492
Details and features
Listing
- Type
- Land
Structure
- Sewer
- Public Sewer
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Sept 19, 2026 | Under contract | $52,500 | — | MFRMLS |
| Sept 16, 2026 | New listing | $52,500 | — | MFRMLS |