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$59,000
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Property Description
Rare Opportunity - Two Side-by-Side Lots Available in Palm Bay! Great opportunity to secure one or potentially two adjacent residential lots in an up-and-coming Palm Bay neighborhood, very close to Bayside Lakes. This 0.24-acre lot can be purchased individually, while the adjacent corner lot at Olsmar St SW / Hagoplan Ave SW (MLS: GC543562 - $55k) is also offered by the same owner. The area continues to grow, with many new homes recently completed and additional construction currently underway. Both parcels offer no HOA, no deed restrictions, and are outside a flood zone, giving you added flexibility for a future homesite, investment, or larger combined property. Enjoy a quiet residential setting close to schools, restaurants, shopping, Publix, and everyday conveniences. Atlantic beaches and many Central Florida attractions are also within convenient driving distance. Drive by and take a look at the potential these side-by-side lots have to offer.
Full Property Details
Full Property Details for 409 Olsmar Street SW
General
- Sold For: $59,000
- Taxes: $745 (2025)
- Status: Closed
- Type: Lots/Land
- Source: MidFloridaRegionalMLS
- MLS ID: GC543558
- Added to Site: 33 day(s) ago
Location
- Area: 32908 - Palm Bay/Melbourne
- County: Brevard
- Development Name: 32908 - Palm Bay/Melbourne
- Subdivision: PORT MALABAR UNIT 31
- Driving Directions: From central Palm Bay, take Malabar Rd SW west, turn left on Minton Rd SW, then right on Jupiter Blvd SW. Turn left on Degroodt Rd SW, right on Olsmar St SW, and continue to 409 Olsmar Street SW. on the right.
Community
- Community Name: 32908 - Palm Bay/Melbourne
Utilities
- Sewer: Public Sewer
- Water: None
- Utility Description: Other
Structural Information
- Current Bldg. Use: Unimproved
Lot Features
- Property View: Trees/Woods
- Lot Size (Acres): 0.24
- Lot Size (Sq. Ft.): 10,454
- Lot Size: 10454
- Lot Dimensions: 83 x 125
- Street/Road Desc.: Paved
Financial Considerations
- Price Per Acre: $245,833
- Tax Amount: $745.82
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: PORT MALABAR UNIT 31 LOT 14 BLK 1492
- Flood Zone Info: X
- APN: 29 3625JP149214
- Property ID: 29 3625JP149214
- Block/Lot/Section: 1492
Listed by Florida Homes Realty & Mortgage Gville
Sold by Stellar Non-Member Office
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Schools
Schools serving 409 Olsmar Street 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 | 0.6 mi |
Southwest Middle School, Palm Bay, FL 451 Eldron Boulevard Southeast, Palm Bay, FL 32909 | 7-8 | 3.9 mi |
Bayside High School 1901 Degroodt Road Southwest, Palm Bay, FL 32908 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 409 Olsmar Street SW
Date
Details
Price
Change
Source
10/09/2026
Sold
$59,000
12.38%
MLS
9/16/2026
Listed
$52,500
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
409 Olsmar Street SW, Palm Bay, FL 32908 (MLS# GC543558) is a Lots/Land property that was sold at $59,000 on October 09, 2026. Want to learn more about 409 Olsmar 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.

