
CAPE CANAVERAL, PALM BAY, FL, 32907
Active713 days on marketListed Aug 25, 2024MLS #O6226641
About this home
CAPE CANAVERAL
Fantastic opportunity to acquire a 3.75-acre vacant lot in the Cape Canaveral area of Palm Bay, FL 32907. "Zoning: GU" This expansive parcel provides ample room for a custom spot, or holding as a long-term investment. Situated in a growing and accessible area, the property offers peace, privacy, and proximity to major roadways, local amenities, and the Space Coast. Ideal for builders or investors, seeking a large and versatile land in Palm Bay. Pin Location: Latitude 28.44013737, Longitude -80.85889300. Note: buyers I emphasize the importance of conducting thorough due diligence to ensure that the property meets your expectations and requirements.
Facts & features
The home at a glance
3.75 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.
$398 /mo · 3.5% down FHA, 30-yr fixed at 6%
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
$398/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.
Where it sits
Inside Palm Bay
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Palm Bay. See the full Palm Bay guide →
PALM BAY 32926 — neighborhood snapshot
Population
21,576
Median age
52.2
Median income
$65,092
Median home value
$251,400
Avg household
2.29
Households w/ children
1,383
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
$306K → $328K
Palm Bay median sold, yr/yr
98.1%
Sale-to-list ratio (12 mo)
Median sold price, Palm Bay, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 89% below the PALM BAY 32907 median. See the full Palm Bay market guide →
Paper trail
This home's history
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
Leliana Vazquez
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about CAPE CANAVERAL — start here.

Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for CAPE CANAVERAL — before you fall in love.
See it in person
Schedule a tour
Live availability from Leliana's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
CAPE CANAVERAL FAQs
What would the monthly payment be for CAPE CANAVERAL?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $398/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 CAPE CANAVERAL?+
The most recent tax bill on record (2023) was $27. 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 $37,200, this home is listed about 90% below the Palm Bay median of $354,950. The market section on this page shows how the area is trending.
Which schools are assigned to CAPE CANAVERAL?+
Cocoa High School (high), Saturn Elementary School (elementary) — Brevard County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Under the PALM BAY 32907 market on paper
$37,200 is 89% below the PALM BAY 32907 median of $326,000.
02Time on market is leverage
713 days on market against a Palm Bay median of 44 — sellers in this position are usually ready to negotiate.
03The price has already moved
Listed at $181,800, now $37,200 — a $145K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of KELLY RIGHT REAL ESTATE · Samih Sadiq. MLS #O6226641.
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.
Never miss a listing
New Palm Bay homes, in your inbox
Like CAPE CANAVERAL but not quite? A daily digest of every new listing in Palm Bay — straight from the MLS, hours after it goes live. Unsubscribe anytime.
Just watching this one home? Ask Leliana to ping you on any price or status change →


