Premier Brokers International
881 Sherwood Avenue SW, Palm Bay, FL 32908
ActiveBeachesMLS
ActiveMLS® R11165627
$42,000

881 Sherwood Avenue SW, Palm Bay, FL 32908

Beds
—
Baths
0
Sqft
—
Est. payment$264/mo
Home type
Unimproved Land
Year built
—
Lot size
10,019 sqft
Price / sqft
—
HOA
—
Community
PORT MALABAR UNIT 37

Property description

Prime vacant land in Southwest Palm Bay with excellent build-now or investment potential. Situated on a paved road in a growing residential area with new construction nearby, this parcel backs up to city-owned land, offering a desirable buffer and added sense of space. Convenient access to shopping, dining, Fred Poppe Regional Park, major roadways, and approximately 30 minutes to the beaches. No HOA and strong upside potential make this an ideal opportunity for builders, investors, or future homeowners ready to bring their vision to life.

Listing activity

Days on market
245
Listed
Feb 20, 2026
MLS listing updated
Oct 13, 2026
Feed last checked
11 minutes ago

Listed by Dayan D Jimenez · Groza Real Estate Company

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms
0
Bathrooms (decimal)
0
Property

Exterior

Waterfront property
No

Lot

Lot size
10,019 sqft
Lot size (acres)
0.23 acres
Lot features
Interior Lot
Zoning
residential
Road surface
Paved
Road frontage
West of US-1, Public Road
Construction

Type & style

Home type
Unimproved Land

Materials

Faces
West
Utilities & green energy

Utilities

Utilities
Electricity Available, Sewer Available, None
Community & HOA

Community

Subdivision
PORT MALABAR UNIT 37
MLS area
5940 - Other Florida County
MLS subarea
Other

Association

Has association
No
Lease details

Not reported by the listing source.

Location

Area details

City
Palm Bay
County
Brevard
ZIP code
32908
Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number
R11165627
Possession
Negotiable
Original list price
$47,500
Parcel number
293612kh01677015
Annual property tax
$305.91
Tax year
2025
Tax legal description
PORT MALABAR UNIT 37 LOT 15 BLK 1677
Additional MLS details

Reported by the listing source

Association
No
Bathrooms Total Decimal
0
Bathrooms Total Integer
0
County Or Parish
Brevard
Days On Market
245
Direction Faces
West
List Price
42000
Listing Contract Date
2026-02-20
Lot Size Acres
0.23
MLSArea Major
5940 - Other Florida County
MLSArea Minor
Other
Mls Status
Active
On Market Date
2026-02-21
Photos Count
3
Postal Code
32908
Price Change Timestamp
2026-10-13T19:29:47Z
Property Sub Type
Unimproved Land
Property Type
Land & Docks
Road Frontage Type
West of US-1, Public Road
Road Surface Type
Paved
Standard Status
Active
State Or Province
FL
Status Change Timestamp
2026-02-21T13:52:49Z
Subdivision Name
PORT MALABAR UNIT 37
Tax Annual Amount
305.91
Waterfront
No

Market value

Automated estimate—No licensed valuation source connected
Estimated sales range—Ask Karim for a local market analysis
Estimated rent—No licensed rental valuation source connected

Price history

DateEventPrice
Feb 20, 2026ListedBeachesMLS$47,500
Oct 13, 2026Price reducedBeachesMLS$42,000

Public tax history

YearProperty taxesAssessment
2025$306—

Payment calculator

Estimated monthly payment$264/moIllustrative estimate, not a loan offer.
Principal & interest
$218
Property taxes
$25
Insurance
$21
Association dues
—

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

PORT MALABAR UNIT 37

Palm Bay · Brevard County · 32908

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Not reported by the listing source.

School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

Nearby homes

12 homes

Similar homes

12 homes
BeachesMLS

BeachesMLS · Listing courtesy of Groza Real Estate Company. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used only to identify prospective properties they may be interested in purchasing or leasing. Terms of use · Equal Housing Opportunity.