13 days on rocket

551 Edison St SE, Palm Bay, FL, 32909

$54,000

0.24 Acres
Land
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeUnimproved Land
MLS #1011397
Lot Size0.24 Acres
StatusActive

About 551 Edison St SE

BEAUTIFUL CITY WATER AREA WITH PAVED ROADS AND LOTS OF NEW CONSTRUCTION! THIS OVERSIZED LOT HAS A CANAL NEXT TO IT AND A LARGE TRACT OF LAND BEHIND IT BOT OF WHICH PROVIDE PRIVACY FROM NEIGHBORS. THE POPULAR BAYSIDE LAKES COMMERCIAL CENTER IS A 6-MINUTE JAUNT TO THE SOUTH FEATURING A PUBLIX, DUNKIN', WALGREENS, TASTY EATERIES, MEDICAL SERVICES, AND OTHER EVERYDAY CONVENIENCES. THE VIBRANT MALABAR ROAD CORRIDOR IS 9 MINUTES TO THE NORTH, PRESENTING A HOST OF BIG-NAME STORES, RESTAURANTS, AND ACCESS TO I-95. AREA SCHOOLS ARE CLOSE BY FOR CONVENIENCE! DRIVE BY AND HAVE A LOOK!

Property Details

Property Features

Listing Office:

  • Office Name: Cheryl Smith Realty, Inc
  • Office Phone: (321) 951-0322
  • Listing Agent: Cheryl L Smith

Lot Features

Lot Information:

  • Lot: Drainage Canal, Wooded
  • Lot Size: 0.24 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: FROM MALABAR RD GO SOUTH ON ELDRON, LEFT ON BRANTLEY, AROUND CURVE ONTO CARNATION, FIRST RIGHT ON CARNIVAL, GO AROUND 2 CURVES, PASS DRIFTWOOD ON LEFT THEN THE LOT IS ON THE LEFT ON THE EAST SIDE OF THE CANAL.

Price Information

Listing Price Info

Price Summary:

  • List Price: $54,000

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.

Med. Sold Price

$330K

Med. Price/SqFt

$193

Avg. Days On Market

65

# of Sold Homes

253

551 Edison St SE vs Palm Bay

13 DAYS ON ROCKET

-52 Days

$54,000

-$276K Less

KEY TAKEAWAY

This property is $276K 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: #1011397

Listing Office:

  • Office Name: Cheryl Smith Realty, Inc
  • Office Phone: (321) 951-0322
  • Listing Agent: Cheryl L Smith

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: 5/2/2024, 12:50:22 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$203$5,940
2018$197$8,400
2017$197$7,000

History based on county public records data.

Payment Calculator

$337

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$228

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-4535996
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-4535997
2
/10
  • Southwest Middle School

  • 451 Eldron Blvd SE

  • 0.92 miles

  • Public District Grades 7-8

High School

school-card-donut-4535998
3
/10
  • Heritage High School

  • 2351 Malabar Rd NW

  • 5.54 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $47,361. Residents of Palm Bay, FL typically earn between $35k-100k each year. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 551 Edison St SE

What is the listing price of this property?

The listing price of 551 Edison St SE property is $54,000.

What type of property is this?

The property 551 Edison St SE is land located in Palm Bay, Florida, 32909.

Is this property for sale now?

Active Listing: 551 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 551 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 551 Edison St SE is 0.24 acres.
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Rocket HomesFloridaBrevard CountyPalm Bay32909551 Edison St SE

This home is located at 551 Edison St SE in Palm Bay, FL and zip code 32909. This home sits on a 0.24 acre lot. It has been listed on Rocket Homes since April 19, 2024 and is currently priced at $54,000.

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. The number of homes for sale in Palm Bay, FL increased by 7% between March 2024 and April 2024. In April 2024, listings were on the market for 65 days. During the same period, the median list price in this real estate market was $330,000.

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

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