This expansive almost half-acre homesite offers a rare opportunity to build the home you've envisioned with significantly more room than the typical quarter-acre lot. Originally two adjoining lots, this property has been combined into one larger parcel, creating a generous homesite with plenty of space to thoughtfully design your future home and outdoor living areas. Whether you're envisioning a spacious new construction home, a private backyard retreat, a pool, or simply more room between you and your neighbors, this property gives you options. T Bring your builder, bring your plans, and create a home that is truly your own. With nearly half an acre of land and the opportunity to design around your lifestyle from the ground up.
Vacant landProperty Type
0.46 acresLot Size
$195,652Price/Acres
Listed by Monica Wadsworth• One Sotheby's International
The Compound, located between Malabar Road and Micco Road, is a semi-rural and undeveloped Palm Bay neighborhood with sandy trails and dense pine flatwoods. Its character concentrates along the Malabar Road corridor near the I-95 interchange, where traffic thins into wide shoulders, scrubby lots, and a distinctly edge-of-town feel. The landscape reads as Florida backcountry—palmetto, slash pine, and long straight rights-of-way—more than a traditional street grid. Homes, where present, tend toward newer builds on larger parcels with a private, set-back-from-the-road rhythm. Daily life centers on outdoor space and distance, with dark skies and quiet stretches between destinations.
Provided by Walk Score and Local Logic
Property details
Exterior
Exterior features
Wooded lot with many trees
Access via county road with asphalt surface
0.46-acre parcel
Home design
Unimproved land zoned for single-family residential use
The provisions of this category are intended to apply to an area of medium density single-family residential development. Lot sizes, minimum living area standards, and other restrictions are intended to promote high quality residential development.
Permitted uses
Include but are not limited to:
Housing-Single unit
Infrastructure
Recreation
Park & open space
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
4/10 Fire Factor
1% chance of being in a wildfire in next 30 years
9/10 Heat Factor
6 days above 106° expected this year, 18 days in 30 years
10/10 Wind Factor
99% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Palm Bay, FL • 32908
Average low and high temperatures (°F)
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76
56
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Sun exposure
In this area, properties receive around 8.8 hours in
June and 6.8 hours in December, placing it above the
U.S. average for solar exposure.
8.8 hrs
6.8 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 307 Labra Rd SW
$89,498
$502 under list price of $90K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $33K to $40K.