480 TRUMAN STREET SW, PALM BAY, FL, 32908
Active115 days on marketListed Apr 21, 2026MLS #S5148364
About this home
480 TRUMAN STREET SW
Build Now or Pay More Later – Prime Lot in Palm Bay, FL Opportunities like this are disappearing fast. Secure a residential lot in Palm Bay, FL, one of the fastest-growing areas on Florida’s Space Coast, where demand is rising and inventory is shrinking. Strategically positioned with quick access to I-95 via Malabar Rd (SR-514) and US-1, giving you seamless connectivity. You’re ~1 hour to Orlando International Airport (MCO), 20–25 minutes to the beaches, and 35–40 minutes to Kennedy Space Center—all while avoiding the inflated prices of Orlando and Miami. This is the window to build on your terms—whether it’s your primary home or a smart long-term investment in a high-growth corridor. Serious buyers only. Don’t wait—by the time you’re ready, this opportunity may already be gone.
Facts & features
The home at a glance
0.23 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.
$442 /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
$442/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 32908 — neighborhood snapshot
Population
14,970
Median age
38.3
Median income
$66,589
Median home value
$265,500
Avg household
3.08
Households w/ children
1,917
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 15% below the PALM BAY 32908 median. See the full Palm Bay market guide →
Paper trail
This home's history
Reality check
What actually sold near 480 TRUMAN STREET SW
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jun ’26$219,000
587 TASCO AVE SW · same community
3 bd · 2 ba · 1,040 sqft · $211/sqft · 13 DOM
Sold · Jun ’26$300,888
471 TRUMAN STREET SW · same community
3 bd · 2 ba · 1,477 sqft · $204/sqft · 139 DOM
Sold · Mar ’26$285,000
288 TUCSON ROAD SW · same community
3 bd · 2 ba · 1,665 sqft · $171/sqft · 92 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
John Carpenter
CFO/Broker · CENTURY 21 Edge
Tours, negotiation, and every question about 480 TRUMAN STREET SW — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 480 TRUMAN STREET SW — before you fall in love.
See it in person
Schedule a tour
Live availability from John's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
480 TRUMAN STREET SW FAQs
What would the monthly payment be for 480 TRUMAN STREET SW?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $442/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 480 TRUMAN STREET SW?+
The most recent tax bill on record (2025) was $344. 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 $39,990, this home is listed about 89% below the Palm Bay median of $350,000. The market section on this page shows how the area is trending.
Which schools are assigned to 480 TRUMAN STREET SW?+
Jupiter Elementary School (elementary), Southwest Middle School (middle), Heritage High School (high) — Brevard County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Under the PALM BAY 32908 market on paper
$39,990 is 15% below the PALM BAY 32908 median of $47,000.
02Water views
The water view is part of what you're buying — views hold value independently of the structure.
03Time on market is leverage
115 days on market against a Palm Bay median of 42 — sellers in this position are usually ready to negotiate.
04The price has already moved
Listed at $45,000, now $39,990 — a $5K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of LPT REALTY, LLC · Jose Diaz Negron. MLS #S5148364.
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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