628 Akola Terrace, Palm Bay, FL 32908

$25,000
Property Type: Land Lot Size (sq. ft.): 10,019 Status: Closed
Current Price: $25,000 List Date: 12/21/2024 Last Modified: 7/22/2026

Overview

Description

NO HOA! Welcome to this 0.23-acre lot, perfectly situated in the quiet and up-and-coming neighborhood of Port Malabar Unit 49. Whether you're planning to build your dream home or looking for a smart investment opportunity, this lot offers a peaceful setting with the added benefit of nearby conveniences. Just 10 minutes from Bayside Lakes District, where you'll find Publix, Dunkin', Walgreens, eateries, and more. Bayside High and Westside Elementary Schools are 6 minutes away, while the South I-95 Interchange and Malabar Road corridor, offering a variety of shopping, dining, and everyday essentials, are within 15 minutes. Enjoy the added bonus of being a short drive from Melbourne International Airport and just 30 minutes to Indialantic's beaches. Lots of new homes being built nearby! This site utilizes well water and septic. Drive by and explore the potential—your slice of Palm Bay's promising future awaits!

Listing Details MLS# 1032459

General Property Information

Road Frontage Feet
80
Number Of Lots
Yes
Lot Size Acres
0.23
Lot Size Dimensions
80x125
Lot Dimensions Source
Public Records
Association YN
No
Waterfront YN
No
Land Lease YN
No
Senior Community YN
No
CDD Fee YN
No
List Price/Acre
121739.13
Sold Price/Acre
108695.65
Lot Size Square Feet
10019
Water Body Access YN
No

Property Features

Current Use: Investment; Residential; Single Family; Unimproved Development Status: Raw Land Listing Terms: Cash Lot Features: Wooded Possession: Close Of Escrow Sewer: Septic Tank Special Listing Conditions: Standard Utilities: Cable Available; Electricity Available; Sewer Not Available; Water Available Water Source: Well

Contract Information

OriginalListPrice
28000
Listing Contract Date
2024-12-20
Property Sub Type
Unimproved Land
Comp Sale YN
Yes

Location Tax and Legal

Street Number
628
Street Name
Akola
Street Suffix
Terrace
County
Brevard
State
FL
Postal Code
32908
MLS Area Major
345 - SW Palm Bay
Subdivision Name
Port Malabar Unit 49

Remarks and Miscellaneous

Public Remarks
NO HOA! Welcome to this 0.23-acre lot, perfectly situated in the quiet and up-and-coming neighborhood of Port Malabar Unit 49. Whether you're planning to build your dream home or looking for a smart investment opportunity, this lot offers a peaceful setting with the added benefit of nearby conveniences. Just 10 minutes from Bayside Lakes District, where you'll find Publix, Dunkin', Walgreens, eateries, and more. Bayside High and Westside Elementary Schools are 6 minutes away, while the South I-95 Interchange and Malabar Road corridor, offering a variety of shopping, dining, and everyday essentials, are within 15 minutes. Enjoy the added bonus of being a short drive from Melbourne International Airport and just 30 minutes to Indialantic's beaches. Lots of new homes being built nearby! This site utilizes well water and septic. Drive by and explore the potential—your slice of Palm Bay's promising future awaits!

Status Change Information

Major Change Timestamp
2025-02-28T13:31:18Z
Major Change Type
Status Change
StatusChangeDate
2025-02-28
Purchase Contract Date
2025-02-12
Close Date
2025-02-27
Close Price
25000

More Information

Closing Company Details

Closing Company Name
First American Title & Insurance Company
Closing Company Address
1540 International Pkwy Ste 1020, Lake Mary, FL 32746

Legal Details

Plat Book #
22
Plat Book Page
140

Location, Tax, and Legal

Tax Account
2919026
Parcel Number
29-36-35-Ks-02545.0-0011.00
General County Location
South
Elementary School
Westside
Middle School
Southwest
High School
Bayside
Tax Annual Amount
202.25
Tax Year
2024
Tax Legal Description
PORT MALABAR UNIT 49 LOT 11 BLK 2545
Zoning Description
Residential
Directions
Take US-1 S and Malabar Rd to Enterprise Ave in Palm Bay. Take S Babcock St and San Filippo Dr SE to Akola Terrace. Destination will be on the right

Currently Not Used

Pool Private YN
No

Current Use

Investment
Yes
Residential
Yes
Single Family
Yes
Unimproved
Yes

Listing Terms

Cash
Yes

Lot Features

Wooded
Yes

Possession

Close Of Escrow
Yes

Sewer

Septic Tank
Yes

Special Listing Conditions

Standard
Yes

Utilities

Cable Available
Yes
Electricity Available
Yes
Sewer Not Available
Yes
Water Available
Yes

Water Source

Well
Yes

Development Status

Raw Land
Yes
Listing Office: Coldwell Banker Res R.E.
Last Updated: July - 22 - 2026
Information is deemed to be reliable, but is not guaranteed.

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