13 days on rocket

550 Edison St SE, Palm Bay, FL, 32909

$63,250

0.25 Acres
Land
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeUnimproved Land
ViewCanal
MLS #1011516
Lot Size0.25 Acres
StatusActive

About 550 Edison St SE

Discover the perfect opportunity at 550 Edison St SE in the sought-after SE section of Palm Bay. This prime location offers proximity to amenities, shopping, and schools, ensuring convenience at your doorstep. With city water access and 100 ft of canal behind, plus an extra 50' on one side and a wider lot than standard plus 6 feet, for privacy, and space abound. Canal lots are in high demand due to their advantageous elevation, requiring less fill and cutting building costs. Owner financing is available for all 600 lots in our inventory. Full-price offers only with the provided addendum in docs, along with owner financing terms. Visit our website for more information

Property Details

Property Features

Listing Office:

  • Office Name: M. David Moallem, Inc
  • Office Phone: (321) 724-2424
  • Listing Agent: Vahid Reza Rajabian

Exterior Features

Exterior Information:

  • View: Canal

Virtual/3D Tour

  • Virtual Tour: 550 Edison St SE

Virtual Tour

Lot Features

Lot Information:

  • Lot: Wooded
  • Lot Size: 0.25 Acres

School Info

Assigned Schools Information:

  • Heritage High School, Public District Grades 9-12
  • Southwest Middle School, Public District Grades 7-8
  • John F. Turner, Sr. Elementary School, Public District Grades PK-6

Other

Directions Information:

  • Directions: EMERSON DR SOUTH, RIGHT ON COCONUT ST, LEFT ON DRIFTWOOD AVE, THE LOT IS IN FRONT TO THE LEFT

Price Information

Listing Price Info

Price Summary:

  • List Price: $63,250

Tax Information:

  • Annual Amount: $189
  • Tax Year: 2020
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Housing Market Comparison

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

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Palm Bay, FL

City

Med. Sold Price

$330K

Med. Price/SqFt

$193

Avg. Days On Market

65

# of Sold Homes

253

550 Edison St SE vs Palm Bay

13 DAYS ON ROCKET

-52 Days

$63,250

-$266.7K Less

KEY TAKEAWAY

This property is $266.7K 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: #1011516

Listing Office:

  • Office Name: M. David Moallem, Inc
  • Office Phone: (321) 724-2424
  • Listing Agent: Vahid Reza Rajabian

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: 5/3/2024, 12:50:38 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$189$12,500
2019$200$5,940
2018$193$8,400
2017$193$7,000

History based on county public records data.

Payment Calculator

$383

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$256

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-5170258
4
/10

  • John F. Turner, Sr. Elementary School

  • 3175 Jupiter Blvd SE

  • 0.80 miles

  • Public District Grades PK-6

Middle School

school-card-donut-5170259
2
/10

  • Southwest Middle School

  • 451 Eldron Blvd SE

  • 0.92 miles

  • Public District Grades 7-8

High School

school-card-donut-5170260
3
/10

  • Heritage High School

  • 2351 Malabar Rd NW

  • 5.54 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $47,361. Most Palm Bay, FL residents have annual incomes between $35k-100k. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 550 Edison St SE

What is the listing price of this property?

The listing price of 550 Edison St SE property is $63,250.

What type of property is this?

The property 550 Edison St SE is land located in Palm Bay, Florida, 32909.

Is this property for sale now?

Active Listing: 550 Edison St SE is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 550 Edison St SE are:
John F. Turner, Sr. Elementary School: GreatSchools Rating 4/10
Southwest Middle School: GreatSchools Rating 2/10
Heritage High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $189 (source: MLS/based on county public records data).

How much acreage is this property?

The property 550 Edison St SE is 0.25 acres.
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Rocket Homes›Florida›Brevard County›Palm Bay›32909›550 Edison St SE

This home is located at 550 Edison St SE in Palm Bay, FL and zip code 32909. This home sits on a 0.25 acre lot. It has been listed on Rocket Homes since April 19, 2024 and is currently priced at $63,250.

Over 29 listings were sold over their listed price in April 2024 in Palm Bay, FL. In the same period over 130 listings were sold below the listed price and 94 listings were sold for the listed price. The inventory of homes for sale in Palm Bay, FL between March 2024 and April 2024 increased by 7%. In April 2024 median list price was $330,000 and the average listing age was 65 days.

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

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