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$52,513
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Property Description
This lot offers a peaceful setting with easy access to all the amenities that make Palm Bay one of Florida's fastest-growing cities. With no HOA, city-maintained roads, and plenty of privacy, this property is ideal for a custom home, investment opportunity, or future development. Surrounded by newer homes and conveniently located near schools, shopping, dining, I-95, and a short drive to the beaches, this lot combines both convenience and potential. Don't miss your chance to secure a piece of Florida's Space Coast - whether you're building now or holding for the future, this is a fantastic opportunity.
Full Property Details
Full Property Details for 498 Hobart Ave NW
General
- Price: $52,513
- Taxes: $644 (2024)
- Status: Active
- Type: Lots/Land
- Source: MidFloridaRegionalMLS
- MLS ID: OM712023
- Updated: 10/23/2025
- Added to Site: 88 day(s) ago
Location
- Area: 32907 - Palm Bay/Melbourne
- County: Brevard
- Development Name: 32907 - Palm Bay/Melbourne
- Subdivision: PORT MALABAR UNIT 39
- Driving Directions: From I-95, take the Malabar Road (FL-514 / CR-514) exit heading west. Continue on Malabar Road until you reach Jupiter Boulevard NW; turn right (north) onto Jupiter Boulevard. Turn left onto Serenade Street NW. Continue on Serenade Street; it becomes Hobart Avenue NW. Drive along Hobart Avenue until you reach 498?Hobart?Ave?NW
Community
- Community Name: 32907 - Palm Bay/Melbourne
Utilities
- Sewer: Septic Needed
- Water: Well Required
- Utility Description: Electrical Nearby, Water Nearby
Structural Information
- Current Bldg. Use: Residential
Lot Features
- Lot Size (Acres): 0.23
- Lot Size (Sq. Ft.): 10,019
- Lot Size: 10019
- Lot Dimensions: 81 x 125
- Street/Road Desc.: Paved
Financial Considerations
- Price Per Acre: $228,317
- Tax Amount: $644.83
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: PORT MALABAR UNIT 39 LOT 1 BLK 1849
- Flood Zone Info: X
- APN: 28 36342518491
- Property ID: 28 36342518491
- Block/Lot/Section: 1849
Listed by Suncoast Property Management L
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Schools
Schools serving 498 Hobart Ave NW
School District:Brevard County School District
| Name | Grades | Distance |
|---|---|---|
Christa Mcauliffe Elementary School 155 Del Mundo Street Northwest, Palm Bay, FL 32907 | PK-6 | 2.4 mi |
Central Middle School 2600 Wingate Boulevard, West Melbourne, FL 32904 | 7-8 | 4.7 mi |
Heritage High School 2351 Malabar Road Northwest, Palm Bay, FL 32907 | 9-12 | 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 498 Hobart Ave NW
Date
Details
Price
Change
Source
10/22/2025
Listed
$52,513
—
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 498 Hobart Ave NW
Year
Property Taxes
Change
Tax Assessment
Change
2025
$551
-15%
$30,500
-10%
2024
$645
-1%
$34,000
—
2023
$654
265%
$34,000
209%
2021
$179
-29%
$11,000
-55%
2022
$252
41%
$24,500
188%
2021
$179
-2%
$8,500
31%
2018
$182
-1%
$6,500
—
2017
$184
61%
$6,500
30%
2016
$114
-42%
$5,000
-5%
2019
$197
91%
$5,290
46%
2015
$103
8%
$3,630
10%
2014
$95
8%
$3,300
10%
2013
$88
—
$3,000
—
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 498 Hobart Ave NW
498 Hobart Avenue NW, Palm Bay, FL 32907 (MLS# OM712023) is a Lots/Land property with a lot size of 0.23 acres. 498 Hobart Avenue NW is currently listed for $52,513 and was received on October 22, 2025. Want to learn more about 498 Hobart Avenue NW? 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.

