0.23 Acres - Port Malabar Investment Lot in Palm Bay, FL
2524 Adonis Ave SW, Palm Bay, FL 32908
Brevard
GPS:
27.934588, -80.709751
Cash
Questions? Call or Text (313) 349-0434
Lot Size (Acres)
📏
0.23 acres
Zoning
🏠
Single Family Residential (RS-2)
Access
🛣️
Paved Road
Flood Zone Details
💧
Yes - Zone AE
Est. Annual Taxes
💵
$98.55
About This Property
0.23 acre investment lot in the Port Malabar subdivision of Palm Bay, in Brevard County. This is a level, 125x81 lot, with paved road access, with no wetlands or HOA.
Currently this lot is not buildable. The area is locally referred to as “the compound” and is deemed unbuildable by the city for now because no services have yet been extended. Once services are extended, they may issue building permits.
So who is this for? This lot makes sense as a low-cost land investment based on the expectation that utilities will be extended in the future, and prices will rise accordingly. The property could also be used recreationally for dirt biking or other activity (except for camping or RVing) while it remains vacant. Property taxes are only $98.55 per year, so carrying cost is minimal.
Owner financing is available on this lot. No banks. No credit checks. No prepayment penalties. Call or text us and we’ll work out monthly terms that fit your budget. You can pay it off early anytime. Buying cash? We cover your first year of property taxes.
To lock this property in your name, we need both a deposit and a signed purchase agreement. Call or text us anytime at (313) 349-0434 and we’ll walk through payment options together.
Quick Specs
29 3627-KU-2881-17
0.23 acres
2524 Adonis Ave SW, Palm Bay, FL 32908
Palm Bay
Brevard
Florida
Single Family Residential (RS-2)
Yes - Zone AE
Paved Road
None
$98.55
Where Is This Property?
Approximate location shown. GPS coordinates and legal description are included in your purchase agreement.
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Everything You Need to Know - No Guessing
We publish the full picture on every listing. Here's what we know about this property.
2524 Adonis Ave SW, Palm Bay, FL 32908
Brevard
Lot 17, Block 2881, PORT MALABAR UNIT 52, a subdivision according to the map or plat thereof, asrecorded in Plat Book 23, Page 120, of the Public Records of Brevard County, Florida
Paved Road
Any vehicle
Distance to Nearest Metro
~30 min to Palm Bay, ~1 hr 25 min to Orlando
Near I-95 and US-1
29 3627-KU-2881-17
0.23 acres
27.934676, -80.709596 | 27.934456, -80.709596 | 27.934456, -80.709983 | 27.934676, -80.709983
27.934588, -80.709751
Single Family Residential (RS-2)
Yes - Zone AE
No
None
1,200 sq ft living space
No
No
Zoned for Single-Family homes but subdivision does not currently have services so no building permits are being issued
No
Level
19 ft
125 x 81 x 125 x 81 ft
Would be off-grid
Would be water lines once they are available
Would be sewer once they are available
Cell or Satellite
$13,999
$2,099
$98.55
Covered by CLUSA
Yes
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How to Buy Land
Whether you're paying cash or financing, here's exactly
what happens at every step.
Submit a Deposit
Find a property and submit a deposit. Your deposit applies against the purchase price - it's not an extra fee. The property is reserved for you once you have signed a sale agreement.
Sign & Close via Title Company
We send a sale agreement via SignNow. Once signed, the local title company takes over, handles all paperwork, and sends you closing documents.
Pay & Receive Your Deed
Send your final balance per the title company's instructions. They record your deed with the county and issue your title policy. The land is yours.
Submit Your Down Payment
Submit your down payment. Your deposit applies against the purchase price - it's not an extra fee. The property is reserved for you once you have signed a sale agreement.
Sign & Close
Sign your sale agreement via SignNow. With $5,000 or more down, the title company closes the transaction and you receive your deed at closing. With less down, we close directly and you receive your deed when the loan is paid in full.
Automatic Payments. Full Property Rights.
Monthly payments run automatically. No prepayment penalties. When the loan is paid in full, the land is 100% yours, free and clear.
Questions About This Lot
We answer the questions that matter before you put money down, not just the easy ones.
We work with you first. Life happens, and we've seen it all. If you're going to miss a payment, contact us before it's due - not after. We can often work out a short-term arrangement. That said, the promissory note and deed of trust do contain standard default provisions, which means if payments stop entirely and there's no communication, we would need to begin a formal process. We want to avoid that as much as you do. Our reputation is built on buyers who stay happy long-term.
Pay it off whenever you want. There is no prepayment penalty. If you start on the financed plan and come into some cash, you can pay the remaining balance in full at any time. When you do, we release the deed of trust and record a warranty deed in your name with no lien. The land is fully yours at that point. Many buyers start on the financing plan and pay it off early because they like the flexibility.