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$25,000
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Property Description
This residential lot is located in Port Malabar Unit 49, a quiet area of southwest Palm Bay made up of established single-family homes and new construction. The property sits on an oversized .32 acre lot with no HOA and no deed-restricted community requirements. The area offers straightforward access to Malabar Road, I-95, and the growing commercial corridor nearby. It's a practical option for a future home site or long-term hold in a steadily developing part of the city. Flood zone X.
Full Property Details
Full Property Details for 740 Akola Terrace SW
General
- Price: $25,000
- Taxes: $248 (2025)
- Status: Active
- Type: Vacant Land
- Source: BrevardCounty
- MLS ID: 1068505
- Updated: 6/19/2026
- Added to Site: 137 day(s) ago
Location
- Area: 345 - SW Palm Bay
- County: Brevard
- Subdivision: Port Malabar Unit 49
- Driving Directions: From I‑95, take Exit 173 for Malabar Road (SR‑514). Turn west onto Malabar Road and continue for about 3.7 miles. Turn left onto Garvey Road and continue for about 1.2 miles. Turn right onto Jupiter Boulevard SW and go 0.3 miles. Turn left onto Garfield Avenue SW and continue 0.2 miles. Turn right onto Akola Terrace SW. The destination, 740 Akola Terrace SW, will be on the left.
School Information
- Elementary School: Westside
- Middle School: Southwest
- High School: Bayside
Utilities
- Water: Other
- Utility Description: Other
Structural Information
- Current Bldg. Use: Residential
Lot Features
- Lot Size (Acres): 0.32
- Lot Size (Sq. Ft.): 13,939
- Frontage: City Street
- Street/Road Desc.: Dirt
- Lot Features: Wooded
Financial Considerations
- Tax Amount: $248.69
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Probate Listing
- Property ID: 29-36-35-Ks-02545.0-0004.00
Listed by Watson Realty Corp
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Schools
Schools serving 740 Akola Terrace 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 | 2.2 mi |
Southwest Middle School, Palm Bay, FL 451 Eldron Boulevard Southeast, Palm Bay, FL 32909 | 7-8 | 5.5 mi |
Bayside High School 1901 Degroodt Road Southwest, Palm Bay, FL 32908 | 9-12 | 2.5 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 740 Akola Terrace SW
Date
Details
Price
Change
Source
2/06/2026
Listed
$25,000
—
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 740 Akola Terrace SW
Year
Property Taxes
Change
Tax Assessment
Change
2025
$249
15%
$22,000
22%
2024
$217
9%
$18,000
—
2023
$199
72%
$18,000
200%
2021
$116
-33%
$6,000
-64%
2022
$174
50%
$16,500
267%
2021
$116
-27%
$4,500
18%
2018
$159
-4%
$3,800
14%
2019
$166
2%
$3,330
1%
2017
$163
112%
$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 740 Akola Terrace SW
740 Akola Terrace SW, Palm Bay, FL 32908 (MLS# 1068505) is a Vacant Land property with a lot size of 0.32 acres. 740 Akola Terrace SW is currently listed for $25,000 and was received on February 06, 2026. Want to learn more about 740 Akola Terrace SW? Do you have questions about finding other Vacant 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.

