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116 LABRA ROAD SW

Lots/Land Recently Sold
$32,000

BTC: 0.39331367

ETH: 13.15789474

Sold on: 2025-10-23
5 days
0 room(s)

Overview

YOUR VISION STARTS HERE! Build your dream home on this 0.23-acre Port Malabar lot with NO HOA. Minutes to beaches, I-95, shopping, and the Space Coast employers. A smart investment in a fast-growing city! BUILD YOUR FLORIDA DREAM IN THRIVING PORT MALABAR! Seize the incredible chance to design and build the custom home you've always envisioned at 116 Labra Road SW in Palm Bay, Florida. This spacious 0.23-acre homesite provides the perfect blank canvas, nestled in a quiet, desirable neighborhood that is seeing newer construction and sustained growth. THE LIFESTYLE YOU DESERVE: This location is all about freedom and convenience. Enjoy the rare benefit of NO Homeowners Association (HOA) restrictions, giving you the creative license to build your home on your timeline. Palm Bay is recognized as a top-rising city, making this lot a fantastic investment with solid potential for rising property values. ULTIMATE LOCATION & ACCESS: you’ll be perfectly positioned to enjoy the best of the Space Coast: * Coastal Access: Just a short drive to the beautiful Atlantic beaches for sunrises, swimming, and fishing. * Nature & Recreation: Minutes away from the Indian River Lagoon, Turkey Creek Sanctuary (kayaking, manatee spotting), and world-class fishing at Stick Marsh. Enjoy local parks like the Palm Bay Aquatic Center and Fred Poppe Regional Park. * Convenience: Quick access to major shopping centers, diverse dining, schools, and medical offices. * High-Tech Hub: Excellent for professionals with an easy commute to major employers in aerospace and defense, including Kennedy Space Center and L3Harris. * Travel: Quick connections to major routes, including I-95 and Florida's Turnpike. Don't wait to secure your foundation in this sought-after community. Whether you're ready to break ground now or are planning for a future investment, this is the prime opportunity to build the vibrant Florida life you've been dreaming of. Contact us today to explore the possibilities! Key Feature * Lot Size: ±0.23 Acres (10,018 Sq. Ft.) * Location: Highly desirable Port Malabar community * HOA: NO HOA – Design Freedom and Low Cost of Ownership * Zoning: Residential * Investment: Located in one of Florida's fastest-growing cities * Proximity: Close to Beaches, Shopping, Schools, and Doctors’ Offices * Commute: Quick access to I-95, Florida's Turnpike, and major employers (Space Coast Tech Hub) * Recreation: Minutes from Turkey Creek Sanctuary, Aquatic Center, and world-class fishing

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
$56,000
$51K – $67K
Confidence Low
List vs. estimate
$26K below estimate
List $30,000 · -46.4%
Our model says this listing is priced below recent comparable activity. Expect competition.
Based on
53 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$231
2024
All facts and features
  • Lot

    • Lot: 0.23 Acres

    Other Property Information

    • Parcel Number: 29 3625KJ13802

    • Zoning: SRE

  • Type and style

    • Property Type: Land

  • Utility

    • BB/HS Internet Available

    • Electrical Nearby

  • Other financial information

    • Annual tax amount: $232

  • Source details

    • MLS ID: O6349079

    Other facts

    • Water Source: None

    • Lot Size Dimensions: 80 x 125

    • Subdivision Name: PORT MALABAR UNIT 30

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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: ONE OAK REALTY CORP