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$28,500
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Property Description
For the lover of the outdoors, this affordable lot offers proximity to natural reserves and the coastline. Set in a varied neighborhood without HOA limitations, you have the flexibility to build a home that reflects your style. Enjoy quick trips to nearby parks for hiking or kayaking, and unwind on the beaches just a short drive away. This lot provides a harmonious blend of nature access and community living. Don't miss out on this cost-effective opportunity to invest in Palm Bay's growing landscape. Whether you're a first-time builder or looking to downsize, this parcel offers the chance to create a home tailored to your preferences in a location that combines the best of Florida's natural beauty and urban conveniences.
Full Property Details
Full Property Details for 1940 Madden Ave SW
General
- Price: $28,500
- Taxes: $202 (2024)
- Status: Active
- Type: Lots/Land
- Source: MidFloridaRegionalMLS
- MLS ID: S5121301
- Updated: 8/20/2025
- Added to Site: 328 day(s) ago
Location
- Area: 32908 - Palm Bay/Melbourne
- County: Brevard
- Development Name: 32908 - Palm Bay/Melbourne
- Subdivision: PORT MALABAR UNIT 49
- Driving Directions: From US-192 head South on I-95 to the Malabar Road exit and turn right, then turn left onto San Filippo Drive SE, then right on Jupiter Blvd, go to Degroodt Road SE and turn left, go to J A Bombardier Blvd and turn right, then left on Madden Ave, lot will be on your right.
- Direction Faces: East
Community
- Community Name: 32908 - Palm Bay/Melbourne
- Pet Restrictions: Please check with local municipality for any pet restrictions.
Utilities
- Sewer: Septic Needed
- Water: Well Required
- Utility Description: Electricity Available
Structural Information
- Current Bldg. Use: Residential
Lot Features
- Lot Size (Acres): 0.23
- Lot Size (Sq. Ft.): 10,019
- Lot Size: 10019
- Lot Dimensions: 80 x 125
- Street/Road Desc.: Asphalt
Financial Considerations
- Price Per Acre: $123,913
- Assoc Fee Desc.: None
- Tax Amount: $202.25
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: PORT MALABAR UNIT 49 LOT 20 BLK 2612
- Flood Zone Info: AE / X
- APN: 29Â 3623KS261220
- Property ID: 29Â 3623KS261220
- Block/Lot/Section: 2612
Listed by Keystone Residential Group Llc
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Schools
Schools serving 1940 Madden Ave 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 | 1.1 mi |
Southwest Middle School, Palm Bay, FL 451 Eldron Boulevard Southeast, Palm Bay, FL 32909 | 7-8 | 3.5 mi |
Bayside High School 1901 Degroodt Road Southwest, Palm Bay, FL 32908 | 9-12 | 1 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 1940 Madden Ave SW
Date
Details
Price
Change
Source
8/20/2025
Price Reduced
$28,500
-20.83%
MLS
2/24/2025
Listed
$36,000
—
MLS
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 1940 Madden Ave SW
Year
Property Taxes
Change
Tax Assessment
Change
2025
$208
3%
$22,000
22%
2024
$202
2%
$18,000
—
2023
$199
72%
$18,000
200%
2021
$116
-33%
$6,000
-64%
2022
$174
50%
$16,500
267%
2021
$116
-21%
$4,500
35%
2019
$147
6%
$3,330
-12%
2018
$139
-1%
$3,800
15%
2017
$140
82%
$3,300
18%
2016
$77
-1%
$2,800
22%
2015
$78
15%
$2,290
10%
2014
$68
8%
$2,090
10%
2013
$63
—
$1,900
—
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 1940 Madden Ave SW
1940 Madden Ave SW, Palm Bay, FL 32908 (MLS# S5121301) is a Lots/Land property with a lot size of 0.23 acres. 1940 Madden Ave SW is currently listed for $28,500 and was received on February 24, 2025. Want to learn more about 1940 Madden Ave 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.

