Residential Land for Sale in Palm Bay, Florida
480 Truman St SW, Palm Bay, FL 32908
Build Now or Pay More Later - Prime Lot in Palm Bay, FL Opportunities like this are disappearing fast. Secure a residential lot in Palm Bay, FL, one of the fastest-growing areas on Florida's Space Coast, where demand is rising and inventory is shrinking. Strategically positioned with quick access to I-95 via Malabar Rd (SR-514) and US-1, giving you seamless connectivity. You're ~1 hour to Orlando International Airport (MCO), 20-25 minutes to the beaches, and 35-40 minutes to Kennedy Space Center-all while avoiding the inflated prices of Orlando and Miami. This is the window to build on your terms-whether it's your primary home or a smart long-term investment in a high-growth corridor. Serious buyers only. Don't wait-by the time you're ready, this opportunity may already be gone.
Location
- Street address
- 480 Truman St SW
- County
- Brevard County
- Zip code
- 32908
- Community
- Port Malabar Unit 19
- Elevation
- 23 feet
Directions
ake I-95 to Exit 173 (Malabar Rd / SR-514). Head west on Malabar Rd SE for approximately 3.5 miles. Turn left onto Minton Rd SE. Continue for about 1 mile, then turn right onto Jupiter Blvd SW. Drive ~1.5 miles, then turn left onto De Groodt Rd SW. Continue for about 1 mile, then turn right onto Truman St SW. The property will be on your left-hand side.
Property details
- Lot size
- 0.23 acres10,019 sq ft
- Zoning
- RS2
- MLS #
- MFRMLS S5148364
- Posted
Property taxes
- 2025
- $344
Parcels
- 29 3601-25-1089-24
Legal description
PORT MALABAR UNIT 19 LOT 24 BLK 1089
Details and features
Listing
- Type
- Land
Lot
- View
- Water
Structure
- Water
- Well Needed
- Sewer
- Septic Needed
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| May 26, 2026 | Price drop | $39,990 | $2,510 -5.9% | MFRMLS |
| May 11, 2026 | Price drop | $42,500 | $2,500 -5.6% | MFRMLS |
| Apr 22, 2026 | New listing | $45,000 | — | MFRMLS |