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Backup Offers

1198 Ver Cir NE, Palm Bay, FL, 32905

$50,000

0.15 Acres
Land
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeUnimproved Land
MLS #927515
Lot Size0.15 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 1198 Ver Cir NE

Huge opportunity & a rare find with this terrific vacant corner lot, centrally located, minutes to the mall, near grocery stores, and just 15 minutes to the beach! Other nearby major locations include FIT Florida Institute of Technology, Harris Corporation, Northrup Grumman, Rockwell Collins, boat ramp, parks & the Indian River! This 0.15 acrre lot is zoned single-family / residential & it has been partially cleared, with only a few trees left. It offers city water and septic. There is no HOA here, therefore build and live w/freedom, park your trailer, truck or boat outside, choose your fruit trees or any other plants, select your own paint colors without having to ask for architectural approval. Here, you'll be in control! Next door lot is also available for sale, please check MLS 927303. 927303.

Property Details

Property Features

Listing Office:

  • Office Name: RE/MAX Elite
  • Office Phone: (321) 752-5858
  • Listing Agent: Silvia Mozer

Virtual/3D Tour

  • Virtual Tour: 1198 Ver Cir NE

Virtual Tour

Lot Features

Lot Information:

  • Lot: Other
  • Lot Size: 0.15 Acres

School Info

Assigned Schools Information:

  • Palm Bay High School, Public Magnet Grades PK-12
  • Stone Middle School, Public Magnet Grades 7-8
  • Palm Bay Elementary School, Public District Grades PK-6

Other

Directions Information:

  • Directions: BABCOCK ST NE TURN EAST PORT MALABAR BLVD NE, TURN NORTH BIANCA DR NE, TURN WEST KOSUTH RD NE, TURN NORTH LINCOLN ST NE, TURN WEST VER CIR NE LOT ON CORNER

Price Information

Listing Price Info

Price Summary:

  • List Price: $50,000

Tax Information:

  • Annual Amount: $159
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Palm Bay, FL.

Med. Sold Price

$330K

Med. Price/SqFt

$193

Avg. Days On Market

65

# of Sold Homes

253

1198 Ver Cir NE vs Palm Bay

820 DAYS ON ROCKET

+755 Days

$50,000

-$280K Less

KEY TAKEAWAY

This property is $280K less than the Median Sold Price in Palm Bay, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Space Coast MLS (Space Coast Association of REALTORS®)
  • MLS Number: #927515

Listing Office:

  • Office Name: RE/MAX Elite
  • Office Phone: (321) 752-5858
  • Listing Agent: Silvia Mozer

IDX Copyright © 2024 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/21/2024, 11:20:41 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 09, 2006Home Sold
$370,000

Tax History

YEARPROP. TAXASSESSMENT
2020$159$8,000
2019$190$8,000
2018$190$8,000
2017$190$8,000

History based on county public records data.

Payment Calculator

$317

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$216

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-5076602
3
/10
  • Palm Bay Elementary School

  • 1200 Alamanda Rd NE

  • 0.43 miles

  • Public District Grades PK-6

Middle School

school-card-donut-5076603
2
/10
  • Stone Middle School

  • 1101 E University Blvd

  • 2.73 miles

  • Public Magnet Grades 7-8

High School

school-card-donut-5076604
2
/10
  • Palm Bay High School

  • 101 Pirate Ln

  • 2.55 miles

  • Public Magnet Grades PK-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $38,547. The most common annual income of people living in Palm Bay, FL is between $35k-100k. Most families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1198 Ver Cir NE

What is the listing price of this property?

The listing price of 1198 Ver Cir NE property is $50,000.

What type of property is this?

The property 1198 Ver Cir NE is land located in Palm Bay, Florida, 32905.

Is this property for sale now?

Accepting Backup Offers: 1198 Ver Cir NE is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 1198 Ver Cir NE are:
Palm Bay Elementary School: GreatSchools Rating 3/10
Stone Middle School: GreatSchools Rating 2/10
Palm Bay High School: GreatSchools Rating 2/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $159 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 9, 2006 for $370,000. (source: MLS/tax record).

How much acreage is this property?

The property 1198 Ver Cir NE is 0.15 acres.
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Rocket HomesFloridaBrevard CountyPalm Bay329051198 Ver Cir NE

This home is located at 1198 Ver Cir NE in Palm Bay, FL and zip code 32905 in the Fairhaven neighborhood. This home sits on a 0.15 acre lot. It has been listed on Rocket Homes since February 20, 2022 and is currently priced at $50,000.

In April 2024, from all listings sold in Palm Bay, FL there were more than 29 sold above asking price, over 130 sold below and more than 94 were sold right at the asked price. Between March 2024 and April 2024, Palm Bay, FL real estate market has seen increase in the number of listings by 7%. Listings spent 65 days on the market in April 2024, and had a median list price of $330,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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