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1512 KERMAN STREET SW

Lots/Land For Sale
$14,500

BTC: 0.24518093

ETH: 9.35483871

New
0 room(s)

Overview

BUY AS A LONG-TERM FUTURE INVESTMENT OR ENJOY IT FOR WEEKEND FUN! This vacant lot is located in the area locally known as “The Compound” in Palm Bay. Many owners enjoy the area for ATV riding, dog walking, kite flying, sports, and other outdoor activities, offering an affordable way to own land in a growing city. Conveniently located just a short drive from Bayside Lakes Commercial Center, The Majors Golf Course, Bayside High School, and Westside Elementary, this parcel provides access to nearby amenities while offering a sense of open space and adventure. This area is not currently buildable, as the necessary infrastructure was never completed, and utilities are not available. Neither seller nor broker make any representations regarding if or when this area will become buildable.

Location

Details

Type:
Land
Parking:
No Data
Year Built:
No Data
Lot:
0.23 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$58,000
$50K – $81K
Confidence Low
List vs. estimate
$43K below estimate
List $14,500 · -75.0%
Our model says this listing is priced below recent comparable activity. Expect competition.
Based on
39 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$108
2025
All facts and features
  • Lot

    • Lot: 0.23 Acres

    Other Property Information

    • Parcel Number: 29 3634KT27999

    • Zoning: RS2

  • Type and style

    • Property Type: Land

  • Utility

    • Other

  • Other financial information

    • Annual tax amount: $108

  • Source details

    • MLS ID: O6419942

    Other facts

    • Water Source: None

    • Lot Size Dimensions: 80 x 125

    • Subdivision Name: PORT MALABAR UNIT 51

Private inquiry
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Market around this address

Live counts in the same area.
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: HOMETRUST REALTY GROUP