NOT LISTED FOR SALE

2662 Palm Bay Rd NE Palm Bay, FL 32905

Estimated Value: $49,163

0.25 Acre
$196,652 Price per Acre
10,890 Sq Ft Lot

Last Sold September 16, 2021

Last sale price $40,000

Est. 23% increase in value since last sale

Current estimated payment $306/month

4 Days on Market

About This Lot

As of September 2021

THIS HIGH-EXPOSURE STRETCH IS GOOD FOR BUSINESS! LOCATED ALONG BUSTLING PALM BAY ROAD, THIS QUARTER-ACRE COMMERCIAL LOT IS A PRIME SPOT FOR DRIVE-BY TRAFFIC. THE AREA IS FULL OF LOCAL AND NATIONAL BUSINESSES, ALONG WITH A HOST OF RETAIL AND RESTAURANTS. THE HARRIS CORPORATION IS 2-MINUTES AWAY AND THE FLORIDA INSTITUTE OF TECHNOLOGY IS AN 8-MINUTE DRIVE. THIS IS A MAIN CORRIDOR TO I-95 AND BUSY BABCOCK STREET. US-1 AND THE SHORES OF THE INDIAN RIVER ARE A QUICK 2-MINUTE TRIP! THIS SITE UTILIZES CITY WATER AND SEWER.

Last Agent to Sell the Property

Cheryl Smith

Cheryl Smith Realty, Inc License #426949 Listed on: 06/20/2021

Last Buyer's Agent

Maureen Mignone

Dale Sorensen Real Estate Inc. License #702466

Dale Sorensen Real Estate Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $833

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 54x202

Schools

  • Palm Bay Elementary School
  • Stone Middle School
  • Palm Bay High School

Community Details

  • No Home Owners Association
  • Knechts Subd Subdivision

Listing and Financial Details

  • Assessor Parcel Number 28-37-23-75-0000a.0-0003.01

Property Details

Property Type

Land

Est. Annual Taxes

$833

Lot Details

0

Listing Details

  • Property Type: Land
  • Reso Property Sub Type: Unimproved Land
  • Road Surface Type: Paved
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Knechts Subd
  • Location Tax and Legal Parcel Number2: 28-37-23-75-0000a.0-0003.01
  • Location Tax and Legal Elementary School: Palm Bay Elem
  • Location Tax and Legal Middle School2: Stone
  • Location Tax and Legal High School: Palm Bay
  • Location Tax and Legal Tax Annual Amount: 833.29
  • Location Tax and Legal Tax Year2: 2020
  • General Property Information Lot Size Acres: 0.25
  • General Property Information Lot Size Square Feet2: 10890.0
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • Water Source Public: Yes
  • Utilities Water Available: Yes
  • Utilities Sewer Available: Yes
  • General Property Information Lot Size Dimensions: 54x202
  • General Property Information Number Of Lots2: 1.0
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 0.25
  • Waterfront: No

Utilities

  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Stone

Lot Info

  • Number Of Lots: 1
  • Current Use: Commercial
  • Lot Dimensions: 54x202
  • Lot Size Sq Ft: 10890.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 28-37-23-75-0000a.0-0003.01
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 833.29

MLS Schools

  • Elementary School: Palm Bay Elem
  • High School: Palm Bay

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2021
Closed on
Sep 1, 2021
Sold by
Malanuk Ivan
Bought by
Ouimette Jay J and Ouimette Elim K
Seller's Agent
Cheryl Smith
Cheryl Smith Realty, Inc
Buyer's Agent
Maureen Mignone
Dale Sorensen Real Estate Inc.
List Price
$64,900
Sold Price
$40,000
Premium/Discount to List
-$24,900
-38.37%
Current Estimated Value
$49,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,163
Avg. Annual Appreciation
5.19%

Purchase Details

Listed on
Aug 1, 2015
Closed on
Jul 22, 2016
Sold by
Simon Jenelle and Morao Janelle
Bought by
Malinowski Andrezej
Seller's Agent
Mark Bennett
Premier Properties Real Estate
Buyer's Agent
Brad Fairman
House Facts Realty
List Price
$49,500
Sold Price
$40,000
Premium/Discount to List
-$9,500
-19.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ouimette Jay J $40,000 Peninsula Title Services Llc
Malinowski Andrezej $40,000 Supreme Title Closing
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/16/2021 09/16/21 Sold $40,000 -38.4% --
06/25/2021 06/25/21 Pending -- -- --
06/20/2021 06/20/21 For Sale $64,900 +62.3% --
07/26/2016 07/26/16 Sold $40,000 -19.2% -- View Prior Sale
07/05/2016 07/05/16 Pending -- -- --
08/01/2015 08/01/15 For Sale $49,500 -- --
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Tax History Compared to Growth

Source: Public Records

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 $547 $43,630 -- --
2024 $555 $30,000 -- --
2023 $555 $30,000 $30,000 $0
2022 $560 $30,000 $0 $0
2021 $836 $42,000 $42,000 $0
2020 $833 $42,000 $42,000 $0
2019 $917 $42,000 $42,000 $0
2018 $914 $42,000 $42,000 $0
2017 $865 $15,272 $0 $0
2016 $741 $38,180 $38,180 $0
2015 $656 $29,450 $29,450 $0
2014 $668 $29,450 $29,450 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2021

    Cheryl Smith

    Cheryl Smith Realty, Inc

    (321) 544-8449

    1,420 Total Sales

    Cheryl Smith
    Section Image
  • Maureen Mignone

    Buyer's Agent in 2021

    Maureen Mignone

    Dale Sorensen Real Estate Inc.

    (321) 749-5860

    78 Total Sales

    Maureen Mignone
    Section Image

  • M

    Seller's Agent in 2016

    Mark Bennett

    Premier Properties Real Estate

  • B

    Buyer's Agent in 2016

    Brad Fairman

    House Facts Realty

See All Agents

Map

Source: Space Coast MLS (Space Coast Association of REALTORS®)

MLS Number: 908254

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-37-23-75-0000A.0-0003.01

Florida Brevard County Palm Bay 32905

2662 Palm Bay Rd NE, Palm Bay, FL

This home is located at 2662 Palm Bay Rd NE, Palm Bay, FL 32905 since 20 June 2021 and is currently estimated at $49,163. 2662 Palm Bay Rd NE is a home located in Brevard County with nearby schools including Palm Bay Elementary School, Stone Magnet Middle School, and Palm Bay Magnet Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Space Coast MLS (Space Coast Association of REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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