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$47,500
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Property Description
Prime vacant land in Southwest Palm Bay with excellent build-now or investment potential. Situated on a paved road in a growing residential area with new construction nearby, this parcel backs up to city-owned land, offering a desirable buffer and added sense of space. Convenient access to shopping, dining, Fred Poppe Regional Park, major roadways, and approximately 30 minutes to the beaches. No HOA and strong upside potential make this an ideal opportunity for builders, investors, or future homeowners ready to bring their vision to life.
Full Property Details
Full Property Details for 881 Sherwood Ave SW
General
- Price: $47,500
- Taxes: $305 (2025)
- Status: Active
- Type: Vacant Land
- Source: BrevardCounty
- MLS ID: 1069983
- Updated: 2/21/2026
- Added to Site: 10 day(s) ago
Location
- Area: 345 - SW Palm Bay
- County: Brevard
- Subdivision: Port Malabar Unit 37
- Driving Directions: dandurand south onto Sherwood
School Information
- Elementary School: Jupiter
- Middle School: Southwest
- High School: Heritage
Utilities
- Sewer: Aerobic Septic
- Water: Well
- Well: Yes
- Utility Description: Electricity Available, Sewer Not Available, Water Not Available
Structural Information
- Current Bldg. Use: Residential
Lot Features
- Lot Size (Acres): 0.23
- Lot Size (Sq. Ft.): 10,019
- Lot Features: Many Trees
Financial Considerations
- Tax Amount: $305.91
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, USDA Loan, VA Loan
Disclosures and Reports
- Special Conditions: Owner Licensed RE
- Property ID: 29-36-12-Kh-01677.0-0015.00
Listed by Groza Real Estate Co.
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Schools
Schools serving 881 Sherwood Ave SW
School District:Brevard County School District
| Name | Grades | Distance |
|---|---|---|
Jupiter Elementary School, Palm Bay, FL 950 Tupelo Road Southwest, Palm Bay, FL 32908 | PK-6 | 1.4 mi |
Southwest Middle School, Palm Bay, FL 451 Eldron Boulevard Southeast, Palm Bay, FL 32909 | 7-8 | 1.4 mi |
Heritage High School 2351 Malabar Road Northwest, Palm Bay, FL 32907 | 9-12 | 4.5 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 881 Sherwood Ave SW
Date
Details
Price
Change
Source
2/21/2026
Listed
$47,500
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 881 Sherwood Ave SW
Year
Property Taxes
Change
Tax Assessment
Change
2025
$281
3%
$29,500
16%
2024
$273
11%
$25,500
16%
2023
$246
59%
$22,000
144%
2021
$155
-26%
$9,000
-53%
2022
$209
35%
$19,000
171%
2021
$155
-12%
$7,000
53%
2019
$177
7%
$4,570
-17%
2018
$166
—
$5,500
10%
2017
$166
61%
$5,000
11%
2016
$103
6%
$4,500
43%
2015
$97
8%
$3,140
10%
2014
$90
14%
$2,860
10%
2013
$79
—
$2,600
—
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 881 Sherwood Ave SW
881 Sherwood Avenue SW, Palm Bay, FL 32908 (MLS# 1069983) is a Vacant Land property with a lot size of 0.23 acres. 881 Sherwood Avenue SW is currently listed for $47,500 and was received on February 21, 2026. Want to learn more about 881 Sherwood Avenue 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.

