NOW IS THE TIME TO BUY VACANT LAND. LOTS ARE GOING UP IN VALUE. BUY WHILE ITS STILL AFFORDABLE. LOT IS LOCATED IN PORT MALABAR AREA. GREAT AREA TO BUILD YOUR HOME. OWNER FINANCING AVAILABLE.
Vacant landProperty Type
10,019 sq ftLot Size
$5Price/Sq.Ft.
Listed by Frank Falbo• PLATINUM HOMES AND LAND REALTY
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
No interior features listed
Exterior features
Oversized, wooded corner lot
Interior lot characteristics
Lot dimensions approximately 82 x 125
Approximately 0.32 acres
Frontage about 80 feet
Road surface: other
Home design
Land parcel zoned for single-family residential
Faces north
Construction
Property type: Land
Utilities
Electrical available nearby
No water source listed
No sewer listed
HOA & community
No association
Financial info
Annual taxes listed (2023): $216
Other
Current use designated as residential
Total acreage reported as between 1/4 and less than 1/2 acre
Directions: Lot is on the southeast corner of Alwar Ave SW and Novak St SW
Third-party listing indicated
Electricity and solar
View estimated energy costs and solar savings for this home
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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Lot size
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Year renovated
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Finished Sq. Ft.
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Total Sq. Ft.
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Year built
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Style
Vacant Land
County
Brevard County
APN
293623KS026070000100
Parking Spaces
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Basement
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Accessible
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Last updated by owner on Sep 9, 2026.
RS-2
Single-Family Residential District
The provisions of this district are intended to apply to an area of medium density single-family residential development. Lot sizes 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
6% 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
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90
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91
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89
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79
60
76
56
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Sun exposure
42/ 100
Low sunlight
Sunscore
There appears to be significant shading by surrounding buildings, terrain, and vegetation.
5.4 hrs
1.6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 00 Novak St SW
$49,240
$3,760 under list price of $53K
Nearby comparable homes
The Redfin Estimate uses 2 recent nearby sales, priced between $23K to $35K.