
Price Check
How this price compares
- List price
- $46,300
- Price per sq ft
- N/A
- Original price
- $47,500
- Days on market
- 215
This lot in Port Malabar Unit 37 is listed at $46,300. The asking price has come down 2.5% from its original $47,500. It has been on the market for 215 days.
Estimated monthly payment
$243 /mo
Principal and interest only, based on $9,260 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $46,300
- Days on Site
- 215 Days
- Bedrooms
- 0
- Total Baths
- 0
- Lot Size
- 0.23 Acres
- Property Type
- Land
- MLS #
- R11165627
- Property Tax
- $306 (2025)
- Subdivision
- PORT MALABAR UNIT 37
- County
- Brevard
- Status
- Active
About This Property
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.
Virtual TourGeneral Features
- Property Type
- Land
- Status
- Active
- Direction Faces
- West
- Lot Size (Acres)
- 0.23
- Zoning
- residential
Exterior Features
- Lot Features
- City Lot / Interior Lot / Less Than Quarter Acre
Community & HOA
- Utilities
- Electricity Available / None / Sewer Available
- Financing Terms
- Cash / Conventional / FHA / Va Loan
- MLS Area
- 5940 - Other Florida County
About the Community
- Homes for Sale
- 237
- Median List Price
- $364,700
- Median $/Sq Ft
- $193
- Avg Days on Market
- 177
Frequently Asked Questions
- How do I schedule a tour of 881 Sherwood Avenue SW, Palm Bay, FL 32908?
- Use the Tour button on this listing to request a showing of 881 Sherwood Avenue SW, Palm Bay, FL 32908. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 881 Sherwood Avenue SW, Palm Bay, FL 32908 still available?
- 881 Sherwood Avenue SW, Palm Bay, FL 32908 is currently listed as Active, and has been on the market 215 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 881 Sherwood Avenue SW, Palm Bay, FL 32908?
- With 20% down ($9,260) on the $46,300 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 881 Sherwood Avenue SW, Palm Bay, FL 32908 is about $243/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 881 Sherwood Avenue SW, Palm Bay, FL 32908?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 881 Sherwood Avenue SW, Palm Bay, FL 32908. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Can I negotiate the price of 881 Sherwood Avenue SW, Palm Bay, FL 32908?
- Often, yes. The right offer on 881 Sherwood Avenue SW, Palm Bay, FL 32908 depends on how it's priced against comparable land sales in Palm Bay, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Groza Real Estate Company
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 25, 2026.
$46,300
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Listed by Dayan D Jimenez, Groza Real Estate Company
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