740 Akola Terrace SW, Palm Bay, FL 32908

$25,000
Property Type: Land Lot Size (sq. ft.): 13,939 Status: Active
Current Price: $25,000 List Date: 2/06/2026 Last Modified: 6/10/2026

Overview

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.

Listing Details MLS# 1068505

General Property Information

Lot Size Acres
0.32
Lot Size Square Feet
13939
Association YN
No
CDD Fee YN
No
List Price/Acre
78125

Property Features

Current Use: Residential Development Status: Raw Land Listing Terms: Cash; Conventional Lot Features: Wooded Possession: Close Of Escrow Road Frontage Type: City Street Road Surface Type: Dirt Sewer: Unknown Showing Requirements: Other Special Listing Conditions: Probate Listing Utilities: Other Water Source: Other

Contract Information

Original List Price
25000
Listing Contract Date
2026-02-06
Property Sub Type
Unimproved Land

Location Tax and Legal

Street Number
740
Street Name
Akola
Street Suffix
Terrace
Street Direction Suffix
SW
County
Brevard
State
FL
Postal Code
32908
MLS Area Major
345 - SW Palm Bay
Subdivision Name
Port Malabar Unit 49

Remarks and Miscellaneous

Public Remarks
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.

Status Change Information

Major Change Timestamp
2026-06-10T21:23:30Z
Major Change Type
Status Change
Status Change Timestamp
2026-06-10

More Information

Closing Company Details

Closing Company Name
Bella Title and Escrow
Closing Company Address
6450 N Wickham Rd, Suite 106, Melbourne, FL 32940

Legal Details

Plat Book #
22
Plat Book Page
140

Location, Tax, and Legal

Tax Account
2919019
Parcel Number
29-36-35-Ks-02545.0-0004.00
General County Location
South
Elementary School
Westside
Middle School
Southwest
High School
Bayside
Tax Annual Amount
248.69
Tax Year
2025
Tax Legal Description
PORT MALABAR UNIT 49 LOT 4 BLK 2545
Zoning Description
Residential
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.

Current Use

Residential
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Lot Features

Wooded
Yes

Possession

Close Of Escrow
Yes

Road Frontage Type

City Street
Yes

Road Surface Type

Dirt
Yes

Sewer

Unknown
Yes

Special Listing Conditions

Probate Listing
Yes

Utilities

Other
Yes

Water Source

Other
Yes

Development Status

Raw Land
Yes

Showing Requirements

Other
Yes
Listing Office: Watson Realty Corp
Last Updated: June - 10 - 2026
Information is deemed to be reliable, but is not guaranteed.