Land at 368 GATES ST SW, PALM BAY
Land at 368 GATES ST SW, PALM BAY, photo 2 of 2
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$40,999

368 GATES ST SW
PALM BAY, FL 32908
Listed by EXP REALTY LLC
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

Some spend years imagining the home they want to build. This is where that story begins. This clean, cleared lot in SW Palm Bay is one of those rare opportunities where the hardest part is already done. The permit is processed. The floor plan for a single family home is ready to go. If you have been dreaming of building exactly what you want, the layout, the finishes, the details that production builders never get right, you can break ground without the typical wait, the typical frustration, or the typical delays. The lot itself tells you everything about the neighborhood. Mature trees framing the property line. Space to breathe. Quiet residential streets, not a cookie-cutter development packed wall to wall. No HOA means your vision stays your vision. No design committees, no approval processes, no restrictions on how you make it yours. And the location rewards you beyond the property line. Bayside Lakes shopping area is just minutes away, and a public park with basketball courts and playground is within minutes. Turkey Creek Sanctuary offers hiking trails and wildlife viewing, while Melbourne Beach and Indialantic Beach are among the closest options for swimming and enjoying the Florida sunshine. The Indian River Lagoon puts kayaking, fishing, and manatee encounters practically in your backyard. Kennedy Space Center is a straight shot up I-95, and so are L3Harris, Northrop Grumman, Lockheed Martin, Boeing, and Raytheon, all within a 15 to 25 minute commute north. This is the Space Coast at its most livable. Affordable enough to build what you actually want. Connected enough to go anywhere you need. And growing fast enough that waiting has a real cost. The permit is ready. The plan is drawn. The only thing missing is you.

Property details

MLS
Stellar MLS
MLS #
MFRS5154602
Property type
Land
Subdivision
PORT MALABAR UNIT 32
Status
Active
Days on market
1
On market date
July 30, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.24 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
JUPITER ELEMENTARY SCHOOL
1.51 mi away · Grades -1-6
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
724
Student:teacher ratio
15.4:1
District
BREVARD
Middle
SOUTHWEST MIDDLE SCHOOL
1.65 mi away · Grades 7-8
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
940
Student:teacher ratio
19.6:1
District
BREVARD
High
BAYSIDE HIGH SCHOOL
1.54 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,653
Student:teacher ratio
21.8:1
District
BREVARD

Walkability

Blended score for PALM BAY's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

20
Car-dependent
out of 100
EPA National Walkability Index
6.3 / 20 -- Below average walkable
Google Places amenity density
3 / 100
Restaurants & cafes1
Grocery stores0
Parks0
Schools0
Transit stops0
Pharmacies0

Market position

How this listing compares to current activity in PALM BAY, from live MLS data.

On the market 1 days -- 262 fewer days than PALM BAY's current average of 263 days.
For reference, the median list price across 461 active listings in PALM BAY right now is $59,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$397/mo
$8,200 down
$32,799 loan
Principal & interest$213
Property tax (est.)$34
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated August 9, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.