#1030696, Vahid Reza Rajabian, Listing Office: M. David Moallem, Inc
Property details
About 550 Lambright St SW
Build your dream home on this 0.23-acre residential lot located in the heart of Palm Bay, FL! This lot offers a fantastic opportunity for homeowners and investors alike. With new homes being built in the area, this location is ideal for those seeking a peaceful suburban setting while staying close to all that Palm Bay has to offer. Don't miss this chance to secure your piece of Florida paradise—drive by and see it today!
Highlights
Home typeUnimproved Land
StatusActive
Lot size0.23 Acres
MLS #1037629
Summary
- List Price: $45,000
- Annual Tax Amount: $227
- Tax Year: 2023
- Lot: Other
- Directions: Head south on I-95. Exit 173 for Malabar Rd (FL-514) west. Turn left onto Minton Rd. Turn right onto Malabar Rd. Turn left onto Lambright St SW. Your destination will be on the left.
- Lot Size: 0.23 Acres
- MLS Number: 1037629
- MLS Name: Space Coast MLS (Space Coast Association of REALTORS®)
- Office Name: David Harrison Realty, LLC
- Office Phone: (561) 373-7372
- Listing Agent: David Harrison
Copyright © 2025 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: 4/30/2025, 12:50:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$45,000
550 Lambright St SW
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jul 25, 2005 | Home Sold | $50,000 |
| Mar 16, 2005 | Home Sold | $39,000 |
| May 25, 2004 | Home Sold | $16,500 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $21,000 | $227 |
| 2022 | $19,000 | $197 |
| 2021 | $7,500 | $197 |
| 2020 | $4,260 | $113 |
| 2019 | $3,880 | $148 |
| 2018 | $4,200 | $150 |
| 2017 | $4,000 | $150 |
History based on county public records data.
Nearby schools
5
Westside Elementary School
Public District PK-6
1.5 mi
•2175 Degroodt Rd SW
6
Odyssey Preparatory Charter Academy
Public Charter KG-6
3.7 mi
•1350 Wyoming Dr SE
6
Sunrise Elementary School
Public District PK-6
3.9 mi
•1651 Mara Loma Blvd SE
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $56,628. Typical income of Palm Bay, FL residents is between $35k-100k annually. The majority of families are married, with kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
30%
<35k
57%
35k-100k
13%
100k-200k
0%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
26%
Single, No Kids
15%
Single, with Kids
26%
Married, No Kids
33%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
20%
<11 yrs old
11%
12-17 yrs old
22%
18-34 yrs old
39%
35-64 yrs old
8%
65+ yrs old
What do the neighbors do for fun?
Extreme Sports
College Football
Motocross
Where do the neighbors shop?
Academy Sports & Outdoors
Express/Express For Men
GameStop
Where do the neighbors go to eat?
Little Caesars
Sonic
Cracker Barrel
What do the neighbors drive?
Chevrolet
Kia
Jeep
What do the neighbors listen to?
Country
New Country- Classic Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 550 Lambright St SW
The listing price of 550 Lambright St SW property is $45,000.
The property 550 Lambright St SW is land located in Palm Bay, Florida, 32908.
Active Listing: 550 Lambright St SW is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 550 Lambright St SW are: Westside Elementary School (GreatSchools Rating 5/10), Odyssey Preparatory Charter Academy (GreatSchools Rating 6/10), Sunrise Elementary School (GreatSchools Rating 6/10), Southwest Middle School (GreatSchools Rating 3/10), Royal Palm Charter School (GreatSchools Rating 6/10), Pineapple Cove Classical Academy at West Melbourne (GreatSchools Rating 6/10), Bayside High School (GreatSchools Rating 4/10), Odyssey Charter School (GreatSchools Rating 6/10), Pineapple Cove Classical Academy (GreatSchools Rating 6/10).
According to the records, the last property tax for 2023 is $227 (source: MLS/based on county public records data).
The last sale was on July 25, 2005 for $50,000 (source: MLS/tax record).
The property 550 Lambright St SW is 0.23 acres.
This home is located at 550 Lambright St SW in Palm Bay, FL and zip code 32908 in the Port Malabar neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since February 18, 2025 and is currently priced at $45,000.
Palm Bay, FL housing market in March 2025 saw over 20 listings sold above listed price, more than 71 sold at listed price and over 121 sold below. The number of homes for sale in Palm Bay, FL increased by 8.3% between February and March 2025. While the average time on the market in March 2025 was 72 days, the median list price was $332,634.
From Rocket Homes Real Estate and based on county public records data.