Under contract-accepting backup offers. Build your dream home on this desirable corner lot in Southwest Palm Bay! Offering an impressive 11,761 square feet, this spacious homesite provides plenty of room for a custom residence, outdoor living spaces, a pool, and more. Ideally situated in an established residential area, you'll enjoy the perfect balance of peaceful neighborhood living and convenient access to everyday amenities. Just minutes from shopping, dining, schools, and major roadways, this prime location also places you only 15 minutes from the beautiful shores of Melbourne Beach and approximately 35 minutes from world-famous Cocoa Beach. Whether you're looking to build now or invest for the future, this exceptional corner lot presents a fantastic opportunity to create the Florida lifestyle you've always envisioned.
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
Interior
Exterior
Finance
Interior features
- Vacant land intended for residential use
Exterior features
- Paved road frontage
- Lot dimensions approximately 95 x 125 feet
- Frontage of about 95 feet
Home design
- Land parcel (zoned SRE)
- Located in the Port Malabar development
Construction
- Lot size approximately 0.27 acres (about 1,093 square meters)
Utilities
- Well required for water
- Septic system needed
- Electrical service nearby
HOA & community
- No association indicated
Financial info
- Annual tax amount reported
Other
- Listing broker: EXP REALTY LLC
- Directions available: from 192 head south on I-95 to W on exit 176, go south on Milton Rd, west on Jupiter Blvd SW, south on Degroodt Rd SW, then east on Galveston St SW
Electricity and solar
View estimated energy costs and solar savings for this home
Build your dream home on this desirable corner lot in Southwest Palm Bay! Offering an impressive 11,761 square feet, this spacious homesite provides plenty of room for a custom residence, outdoor living spaces, a pool, and more. Ideally situated in an established residential area, you'll enjoy the perfect balance of peaceful neighborhood living and convenient access to everyday amenities. Just minutes from shopping, dining, schools, and major roadways, this prime location also places you only 15 minutes from the beautiful shores of Melbourne Beach and approximately 35 minutes from world-famous Cocoa Beach. Whether you're looking to build now or invest for the future, this exceptional corner lot presents a fantastic opportunity to create the Florida lifestyle you've always envisioned.
SCMLS #1038577
Jun 20, 2025
Sold
$60,000
May 1, 2025
Contingent
—
Mar 21, 2025
Price Changed
$65,000
Feb 28, 2025
Listed
$70,000
SCMLS #864002
Dec 24, 2020
Listing Removed
—
Dec 30, 2019
Listed
$2,950,000
SCMLS #864008
Dec 24, 2020
Listing Removed
—
Dec 30, 2019
Listed
$795,000
SCMLS #723397
Sep 15, 2017
Listing Removed
—
Apr 22, 2015
Listed
$985,000
SCMLS #722665
Jun 7, 2017
Listing Removed
—
Apr 14, 2015
Listed
$2,950,000
SCMLS #678223
Jun 7, 2017
Listing Removed
—
Sep 6, 2013
Listed
$2,550,000
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
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Baths
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Stories
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Lot width
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Lot depth
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Lot size
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Year renovated
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Finished Sq. Ft.
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Unfinished Sq. Ft.
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Total Sq. Ft.
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Year built
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Style
Single Family Residential
County
Brevard County
APN
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Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on Aug 29, 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
4/10 Fire Factor
0.93% chance of being in a wildfire in next 30 years
9/10 Heat Factor
7 days above 106° expected this year, 21 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
76
89
75
83
70
79
60
76
56
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
87/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10 hrs
5.8 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 0 Degroodt Rd SW
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $250,000 and $450,444.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $250K to $450K.