Land at 498 HOBART AVE NW, PALM BAY
1 photo

$52,513

498 HOBART AVE NW
PALM BAY, FL 32907
Listed by Kelly Treadaway · SUNCOAST PROPERTY MANAGEMENT L
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

Enjoy the opportunity to build on this residential vacant lot in one of Palm Bay's growing neighborhoods. Offering a peaceful setting with city-maintained road access and no HOA, this property provides flexibility for a custom home or future investment. Surrounded by established and newer homes, the location offers convenient access to schools, parks, shopping, dining, and major roadways, including I-95, with Florida's beautiful Space Coast beaches just a short drive away. Whether you're ready to build or planning for the future, this homesite offers a great opportunity to create a residence that fits your needs. Buyers are encouraged to verify utility availability, zoning, environmental conditions, and building requirements with the appropriate local authorities.

Property details

MLS
Stellar MLS
MLS #
MFROM712023
Property type
Land
Subdivision
PORT MALABAR UNIT 39
Status
Active
Days on market
342
On market date
October 22, 2025
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.23 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
DISCOVERY ELEMENTARY SCHOOL
1.48 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
615
Student:teacher ratio
15.8:1
District
BREVARD
Middle
SOUTHWEST MIDDLE SCHOOL
3.4 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
HERITAGE HIGH SCHOOL
2.05 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
1.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,991
Student:teacher ratio
22.4:1
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).

34
Car-dependent
out of 100
EPA National Walkability Index
9.7 / 20 -- Below average walkable
Google Places amenity density
13 / 100
Restaurants & cafes1
Grocery stores0
Parks0
Schools0
Transit stops12
Pharmacies0

Market position

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

On the market 342 days -- 79 more 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
$466/mo
$10,503 down
$42,010 loan
Principal & interest$272
Property tax (est.)$44
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated 25 days ago.

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.