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$14,500
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Property Description
BUY AS A LONG-TERM FUTURE INVESTMENT OR ENJOY IT FOR WEEKEND FUN! This vacant lot is located in the area locally known as "The Compound" in Palm Bay. Many owners enjoy the area for ATV riding, dog walking, kite flying, sports, and other outdoor activities, offering an affordable way to own land in a growing city. Conveniently located just a short drive from Bayside Lakes Commercial Center, The Majors Golf Course, Bayside High School, and Westside Elementary, this parcel provides access to nearby amenities while offering a sense of open space and adventure. This area is not currently buildable, as the necessary infrastructure was never completed, and utilities are not available. Neither seller nor broker make any representations regarding if or when this area will become buildable.
Full Property Details
Full Property Details for 1512 Kerman St SW
General
- Price: $14,500
- Taxes: $108 (2025)
- Status: Active
- Type: Lots/Land
- Source: MidFloridaRegionalMLS
- MLS ID: O6363028
- Updated: 11/25/2025
- Added to Site: 54 day(s) ago
Location
- Area: 32908 - Palm Bay/Melbourne
- County: Brevard
- Development Name: 32908 - Palm Bay/Melbourne
- Subdivision: PORT MALABAR UNIT 51
- Driving Directions: FROM MALABAR RD., GO SOUTH ON SAN FILIPPO, SOUTH ON ST. ANDRE. FOLLOW AROUND TO KLAUS AND TURN WEST, THEN SOUTH ON ELL, WHICH CURVES AROUND TO KERMAN. LOT IS ON THE LEFT
Community
- Community Name: 32908 - Palm Bay/Melbourne
Utilities
- Sewer: None
- Water: None
- Utility Description: Other
Structural Information
- Current Bldg. Use: Unimproved
Lot Features
- Lot Size (Acres): 0.23
- Lot Size (Sq. Ft.): 10,019
- Lot Size: 10019
- Lot Dimensions: 80 x 125
- Frontage: Access Road
- Street/Road Desc.: Paved
Financial Considerations
- Price Per Acre: $63,043
- Assoc Fee Desc.: None
- Tax Amount: $108.42
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: PORT MALABAR UNIT 51 LOT 9 BLK 2799
- Flood Zone Info: X
- APN: 29 3634KT27999
- Property ID: 29 3634KT27999
- Block/Lot/Section: 2799
Listed by Hometrust Realty Group
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Schools
Schools serving 1512 Kerman St SW
School District:Brevard County School District
| Name | Grades | Distance |
|---|---|---|
Westside Elementary School, Palm Bay, FL 2175 Degroodt Road Southwest, Palm Bay, FL 32908 | PK-6 | 3 mi |
Southwest Middle School, Palm Bay, FL 451 Eldron Boulevard Southeast, Palm Bay, FL 32909 | 7-8 | 5.9 mi |
Bayside High School 1901 Degroodt Road Southwest, Palm Bay, FL 32908 | 9-12 | 3.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1512 Kerman St SW
Date
Details
Price
Change
Source
11/25/2025
Listed
$14,500
271.79%
MLS
7/23/2020
Sold
$3,900
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1512 Kerman St SW
Year
Property Taxes
Change
Tax Assessment
Change
2025
$83
-15%
$10,500
17%
2024
$98
36%
$9,000
80%
2023
$72
60%
$5,000
400%
2021
$45
-10%
$1,000
-50%
2022
$50
11%
$2,000
400%
2021
$45
-44%
$400
—
2019
$80
-1%
$400
—
2018
$81
-6%
$400
—
2017
$86
187%
$400
—
2016
$30
7%
$400
—
2015
$28
—
$400
—
2014
$28
—
$400
—
2013
$28
—
$400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1512 Kerman St SW
1512 Kerman Street SW, Palm Bay, FL 32908 (MLS# O6363028) is a Lots/Land property with a lot size of 0.23 acres. 1512 Kerman Street SW is currently listed for $14,500 and was received on November 25, 2025. Want to learn more about 1512 Kerman Street SW? Do you have questions about finding other Lots/Land real estate for sale in Palm Bay? You can browse all Palm Bay real estate or contact a Coldwell Banker agent to request more information.

