0 SE RAY ROAD, PALM BAY, FL, 32909
Active14 days on marketListed Oct 23, 2026MLS #G5119158
About this home
0 SE RAY ROAD
Build Your Future in Palm Bay, Florida! Discover the possibilities of this 0.21-acre wooded corner lot, ideally situated at Jaremko Avenue SE and Ray Road SE in a growing residential area of Palm Bay. Zoned for single-family residential use and located outside the FEMA designated flood zone, this property offers an opportunity to create a custom home surrounded by natural Florida beauty. Nestled among established homes and continued residential development, the property offers a peaceful setting with convenient access to everyday amenities and major roadways, including I-95. Enjoy the best of Florida's Space Coast lifestyle, with beautiful Atlantic beaches, Melbourne, and Sebastian within reach. Centrally positioned along Florida's east coast between Merritt Island and Fort Pierce, this location offers access to shopping, dining, outdoor recreation, and coastal attractions - boating, fishing. Whether you're ready to build or looking to secure land for the future, this corner homesite is an opportunity worth exploring. Contact us today for additional details and take the first step toward bringing your vision to life! Builder plans available as well as financing.
Facts & features
The home at a glance
0.21 ac
Lot size
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$552 /mo · 3.5% down FHA, 30-yr fixed at 7.5%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$552/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Can I afford this home? → See what you can comfortably afford from your income, debts and savings.
Where it sits
Inside Palm Bay
Get to know Palm Bay. See the full Palm Bay guide →
PALM BAY 32909 — neighborhood snapshot
Population
41,804
Median age
37.9
Median income
$79,977
Median home value
$307,100
Avg household
3
Households w/ children
5,540
For the school run
Brevard County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Palm Bay market
$305K → $331K
Palm Bay median sold, yr/yr
98.2%
Sale-to-list ratio (12 mo)
Median sold price, Palm Bay, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 72% below the PALM BAY 32909 median. See the full Palm Bay market guide →
Paper trail
This home's history
Reality check
What actually sold near 0 SE RAY ROAD
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Feb ’26$245,000
2861 DETACHED CIRCLE SE
3 bd · 2 ba · 948 sqft · $258/sqft · 0 DOM
Sold · Feb ’26$245,000
2861 DETACHED CIRCLE SE
3 bd · 2 ba · 948 sqft · $258/sqft · 102 DOM
Sold · Jan ’26$250,000
1199 VENUS STREET SE
3 bd · 2 ba · 1,204 sqft · $208/sqft · 0 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Kemarie Johnson
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 0 SE RAY ROAD — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 0 SE RAY ROAD — before you fall in love.
See it in person
Schedule a tour
Live availability from Kemarie's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
0 SE RAY ROAD FAQs
What would the monthly payment be for 0 SE RAY ROAD?+
With 3.5% down on a 30-year FHA loan at 7.5%, the all-in payment lands around $552/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 0 SE RAY ROAD?+
The most recent tax bill on record (2025) was $322. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Palm Bay?+
At $49,900, this home is listed about 84% below the Palm Bay median of $319,900. The market section on this page shows how the area is trending.
Which schools are assigned to 0 SE RAY ROAD?+
Columbia Elementary School (elementary), Southwest Middle School (middle), Bayside High School (high) — Brevard County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of CENTURY 21 CARIOTI · Jurgita Blake. MLS #G5119158.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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