5 months on rocket

5015 Babcock St NE, Palm Bay, FL, 32905

$274,900

1.30 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeUnimproved Land
MLS #982319
Lot Size1.30 Acres
StatusActive

About 5015 Babcock St NE

1.3 acres. Rectangular parcel with 202 feet of Babcock Street frontage and a depth of 280 feet. 2016 traffic count in this sector of Babcock is 33,800 ADT. Full access to Babcock Street via shared driveway and median cut, 20 parking spaces and eight-inch water line. The site is cleared, filled and above street grade.

Property Details

Property Features

Listing Office:

  • Office Name: East Coast Prop. of Brevard
  • Office Phone: (321) 725-1800
  • Listing Agent: William J Sims

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  • Virtual Tour: 5015 Babcock St NE

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Lot Features

Lot Information:

  • Lot: Cleared
  • Lot Size: 1.30 Acres

School Info

Assigned Schools Information:

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

Other

Directions Information:

  • Directions: East side of Babcock Street, mid-way between Palm Bay Road and Port Malabar Boulevard. Adjacent to the north of Hurricane Bingo.

Price Information

Listing Price Info

Price Summary:

  • List Price: $274,900

Tax Information:

  • Annual Amount: $5,123
  • 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

5015 Babcock St NE vs Palm Bay

154 DAYS ON ROCKET

+89 Days

$274,900

-$55.1K Less

KEY TAKEAWAY

This property is $55.1K 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: #982319

Listing Office:

  • Office Name: East Coast Prop. of Brevard
  • Office Phone: (321) 725-1800
  • Listing Agent: William J Sims

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: 5/15/2024, 12:50:39 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

Jan 24, 2007Home Sold
$875,000
Aug 24, 2005Home Sold
$950,000

Tax History

YEARPROP. TAXASSESSMENT
2020$5,123$258,210
2019$5,755$259,170
2018$5,498$259,540
2017$5,498$238,980

History based on county public records data.

Payment Calculator

$1,440

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$891

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-1158991
4
/10
  • Riviera Elementary School

  • 351 Riviera Dr NE

  • 1.34 miles

  • Public District Grades PK-6

Middle School

school-card-donut-1158992
2
/10
  • Stone Middle School

  • 1101 E University Blvd

  • 2.78 miles

  • Public Magnet Grades 7-8

High School

school-card-donut-1158993
2
/10
  • Palm Bay High School

  • 101 Pirate Ln

  • 1.61 miles

  • Public Magnet Grades PK-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,447. Residents of Palm Bay, FL typically earn less than $35k each year. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Palm Bay, FL

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

Types of housing in Palm Bay, FL.

Palm Bay's housing market is diverse, offering a range of options from single-family homes to multi-family units. The architectural styles vary, with a noticeable presence of contemporary and ranch-style homes. The area has seen growth with new developments complementing the existing housing stock, which includes homes built from the 1970s onwards. The homeownership rate in Palm Bay is robust, reflecting a community invested in property ownership and stability.

What is it like to live in Palm Bay, FL?

Palm Bay is celebrated for its laid-back coastal lifestyle and natural beauty, with numerous parks and outdoor recreational opportunities. The community prides itself on a family-friendly atmosphere, with events like the Palm Bay Fair that highlight local culture and bring residents together. The city's character is further defined by its proximity to the Indian River Lagoon, appealing to those who appreciate water activities and conservation efforts.

Is it easy to get around Palm Bay, FL without a car?

The city of Palm Bay is served by a network of public schools, including elementary, middle, and high schools, as well as private educational institutions that cater to a range of learning preferences. Healthcare services are accessible, with facilities offering urgent care, primary care, and specialized medical services. The public library system supports lifelong learning and community engagement. Retail and dining options in Palm Bay reflect the local culture, with a mix of familiar chains and unique local establishments.

Transportation in Palm Bay, FL.

Transportation in Palm Bay includes a public bus system with established routes that connect key areas of the city. Ride-sharing services are available, providing additional options for residents and visitors. The city's layout and infrastructure support a car-dependent lifestyle, with major roads and highways facilitating travel to nearby cities and attractions. Efforts to enhance walkability and bikeability are ongoing, aiming to improve the overall accessibility of the city.

Frequently Asked Questions About 5015 Babcock St NE

What is the listing price of this property?

The listing price of 5015 Babcock St NE property is $274,900.

What type of property is this?

The property 5015 Babcock St NE is land located in Palm Bay, Florida, 32905.

Is this property for sale now?

Active Listing: 5015 Babcock St NE is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5015 Babcock St NE are:
Riviera Elementary School: GreatSchools Rating 4/10
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 $5,123 (source: MLS/based on county public records data).

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

The last sale was on January 24, 2007 for $875,000. (source: MLS/tax record).

How much acreage is this property?

The property 5015 Babcock St NE is 1.30 acres.
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Rocket HomesFloridaBrevard CountyPalm Bay329055015 Babcock St NE

This home is located at 5015 Babcock St NE in Palm Bay, FL and zip code 32905. This home sits on a 1.30 acre lot. It has been listed on Rocket Homes since December 12, 2023 and is currently priced at $274,900.

While more than 29 listings in Palm Bay, FL in April 2024 were sold above asking price, there were more than 94 listings sold at asking price, and more than 130 were sold below. The number of listings in Palm Bay, FL increased by 7% between March 2024 and April 2024. The median list price of listings available in April 2024 was $330,000, while the average time on the real estate market was 65 days.

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

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