This listing is for a lot with city water in the growing SE section with roads paved a couple of years ago, part of the 600 lots we have in inventory. OWNER FINANCING IS AVAILABLE ON ANY OF THE LOTS. Full price contracts only, and an addendum must accompany the contract, included in Docs. along with financing terms.
Vacant landProperty Type
10,019 sq ftLot Size
$6Price/Sq.Ft.
Listed by Palm Bay Lots and Land Rajabian• M. David Moallem, Inc
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
Home design
Unimproved land
Construction
Unimproved property
Utilities
Electricity available
Water available
Cable available
Septic tank
Sale and tax history for 521 Old Rd SW
Sale History
Tax History
Date
Event
Price
Public Records
Aug 19, 2026
Sold
$195,000
SCMLS #1023565
Jul 27, 2026
Pending
—
Sep 3, 2025
Price Changed
$65,000
Nov 27, 2024
Relisted
—
Aug 31, 2024
Pending
—
Aug 28, 2024
Listed
$60,000
Public Records
Mar 16, 2001
Sold
$5,000
Year
Property tax
Land + Additions
Assessment*
2025
$590 (+13.6%)
2024
$520 (+3.7%)
2023
$501 (+32.1%)
2022
$380 (+131.6%)
2021
$164 (+15.8%)
$19,000
2020
$142 (−23.9%)
2019
$186 (+6.9%)
2018
$174 (+3.8%)
2017
$168 (+61.2%)
$5,000
2016
$104 (+7.2%)
$4,500
2015
$97 (+7.8%)
2014
$90
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
10,019 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
—
Year built
—
Style
Vacant Land
County
Brevard County
APN
29 3624-JP-1473-28
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 3, 2026.
SRE
Suburban Residential Estate Category
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
5/10 Fire Factor
5% chance of being in a wildfire in next 30 years
9/10 Heat Factor
7 days above 106° expected this year, 22 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)
71
49
76
55
81
60
84
65
90
72
92
74
91
75
91
75
89
75
83
70
79
60
76
56
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
43/ 100
Low sunlight
Sunscore
There appears to be significant shading by surrounding buildings, terrain, and vegetation.
4.9 hrs
1.5 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 521 Old Rd SW
$61,159
$3,841 under list price of $65K
Nearby comparable homes
The Redfin Estimate uses 4 recent nearby sales, priced between $20K to $345K.