1940 Madden Ave SW Palm Bay, FL 32908
Estimated payment $167/month
About This Lot
For the lover of the outdoors, this affordable lot offers proximity to natural reserves and the coastline. Set in a varied neighborhood without HOA limitations, you have the flexibility to build a home that reflects your style. Enjoy quick trips to nearby parks for hiking or kayaking, and unwind on the beaches just a short drive away. This lot provides a harmonious blend of nature access and community living. Don't miss out on this cost-effective opportunity to invest in Palm Bay's growing landscape. Whether you're a first-time builder or looking to downsize, this parcel offers the chance to create a home tailored to your preferences in a location that combines the best of Florida's natural beauty and urban conveniences.
Listing Agent
KEYSTONE RESIDENTIAL GROUP LLC Brokerage Phone: 407-556-3249 License #3337373 Listed on: 02/24/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $202
Lot Details
- 10,019 Sq Ft Lot
- Lot Dimensions are 80x125
- East Facing Home
- Level Lot
- Property is zoned RS2
Utilities
- Well Required
- Septic Needed
Community Details
- No Home Owners Association
- Port Malabar Unit 49 Subdivision
Listing and Financial Details
- Legal Lot and Block 20 / 2612
- Assessor Parcel Number 29 3623-KS-2612-20
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $202 | $22,000 | -- | -- |
| 2024 | $199 | $18,000 | -- | -- |
| 2023 | $199 | $18,000 | $0 | $0 |
| 2022 | $174 | $16,500 | $0 | $0 |
| 2021 | $116 | $6,000 | $6,000 | $0 |
| 2020 | $102 | $4,500 | $4,500 | $0 |
| 2019 | $147 | $4,500 | $4,500 | $0 |
| 2018 | $139 | $3,800 | $3,800 | $0 |
| 2017 | $140 | $825 | $0 | $0 |
| 2016 | $77 | $2,800 | $2,800 | $0 |
| 2015 | $78 | $3,400 | $3,400 | $0 |
| 2014 | $68 | $2,300 | $2,300 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/20/2025 08/20/25 | Price Changed | $28,500 | -20.8% | -- |
| 02/24/2025 02/24/25 | For Sale | $36,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Attorney | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | Security Title & Trust Inc | |
| Warranty Deed | $40,000 | Security Title & Trust Inc |
Source: Stellar MLS
MLS Number: S5121301
APN: 29-36-23-KS-02612.0-0020.00
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