Palm Bay Lots & Land - Vahid Rajabian

Palm Bay Lots & Land - Vahid Rajabian "Palm Bay land specialist since 2003. Residential lots starting at $41,000 with owner financing. No bank required. 📞 321-333-7230 | palmbaylots-land.com"

Serving individuals, builders, hedge funds, and national homebuilders throughout Brevard County.

09/18/2026

Big land-use call in Palm Bay: instead of allowing another large subdivision, the City Council is working to acquire the old 135-acre Majors Golf Course in Bayside Lakes for a park, trails, and stormwater project — and just authorized eminent domain proceedings after the seller held firm near $10 million against a $7.03 million independent appraisal (Source: The Palm Bayer, Aug. 6, 2026).

It's a good example of how much local land-use decisions can shape what gets built around them.

Listing spotlight: 4454 US-1, Grant-Valkaria — 1.82 acres, listed at $750,000.
https://www.crexi.com/properties/878433/florida-4454-us-1

📞 321-333-7230
🌐 palmbaylots-land.com

Vahid Rajabian, Broker Associate | M. David Moallem, Inc. | License

09/16/2026

Big win for Palm Bay's east side: the city was just awarded $3.5 million for infrastructure at Phoenix Business Park, funding roads and utilities to open the site up for new industrial and commercial development (Source: Space Coast Daily, Sept. 1, 2026). Investment like this is exactly what keeps Palm Bay's growth on solid ground.

Lot spotlight: 1039 Hooper Ave NE — city water & sewer, cleared, filled, and surveyed, with house plans ready to go. Priced at $89,900. Owner financing available — call for terms.

📞 321-333-7230
🌐 palmbaylots-land.com

Vahid Rajabian, Broker Associate | M. David Moallem, Inc. | License

09/15/2026

Local data point for anyone watching Palm Bay's growth pace: city permit records show building activity has cooled from its 2024 high — permits are down about 33% from the May 2024 peak of 1,882 in a single month, with the most recent 12 months running roughly 8.9% below the same period a year earlier (Source: The Palm Bayer, city IMS permit-data analysis). Steady growth, not a runaway market — useful context when evaluating land in this area.

Listing spotlight: 198 acres in Geneva, FL — listed at $1,069,500.
https://www.crexi.com/properties/1060464/florida-198-acres

Vahid Rajabian, Broker Associate | M. David Moallem, Inc. | License
321-333-7230

09/15/2026

Palm Bay's housing market is picking up steam: 888 homes sold in August 2026, up from 856 a year earlier, with the median price at $330K — up 1.5% year-over-year. Homes are also moving faster, averaging 69 days on market versus 73 last year (Source: Redfin, Aug. 2026).

If you've been priced out of a finished home, vacant land is still the affordable way in. We have residential lots across Palm Bay and Brevard County starting at $41,000 — owner financing available, call for terms.

📞 321-333-7230
🌐 palmbaylots-land.com

Vahid Rajabian, Broker Associate | M. David Moallem, Inc. | License

09/13/2026

New land trade in Palm Bay's growth corridor: Kissimmee-based JTD Land Company paid $53 million in an all-cash deal for Sun Terra Lakes, a 1,100-acre master-planned community just south of Palm Bay on Babcock Street, approved for 2,548 homes plus a 25-acre commercial node. The deal closed July 31 and was recorded by the Brevard County Clerk of Courts on August 3. Groundbreaking is expected in early 2027 (Source: GrowthSpotter, Aug. 3, 2026).

Institutional capital moving on raw acreage at this scale is one of the signals we watch when evaluating land in Brevard County's growth corridors.

Listing spotlight: 4454 US-1, Grant-Valkaria — 1.82 acres, listed at $750,000.
https://www.crexi.com/properties/878433/florida-4454-us-1

Vahid Rajabian, Broker Associate | M. David Moallem, Inc. | License
321-333-7230

09/13/2026

Palm Bay just ranked #13 on a national list of the most affordable cities in America for 2026 — the only Florida city to crack the top 20, with an affordability score of 68.58 (Source: The Palm Bayer).

If you've been priced out of buying elsewhere, this is exactly why we keep hearing from buyers relocating to Palm Bay. One example from our inventory: 1039 Hooper Ave NE — $89,900, city water & sewer already connected, cleared, filled, surveyed, with house plans ready to go. Owner financing available — call for terms.

📞 321-333-7230
🌐 palmbaylots-land.com

Vahid Rajabian, Broker Associate | M. David Moallem, Inc. | License

09/11/2026

LISTING SPOTLIGHT: 328 Malabar Rd SE, Palm Bay — a signalized commercial corner, approx. 1.75-2 acres, listed at $1,575,000. Malabar Road (from St. Johns Heritage Parkway to Minton Rd) is currently the subject of an active FDOT/City of Palm Bay corridor study for future roadway improvements (Source: City of Palm Bay Public Works). Full listing: https://www.crexi.com/properties/1510348/florida-328-malabar-road-se

Vahid Rajabian, Broker Associate | M. David Moallem, Inc. | License
321-333-7230

09/10/2026

Palm Bay just landed a $3.5M Florida Job Growth Grant to extend wastewater infrastructure to the planned Phoenix Business Park — expected to help unlock nearly 1 million sq ft of new industrial and commercial development (Source: Space Coast Daily, Sept 2026). Utility buildout like this is one of the fundamentals we track when evaluating commercial and industrial land in Palm Bay's growth corridors.

Vahid Rajabian, Broker Associate | M. David Moallem, Inc. | License
321-333-7230

09/09/2026

Palm Bay was just ranked the #1 best city in the nation for first-time homebuyers, according to WalletHub's 2026 study of 300 U.S. cities. Palm Bay topped the list on strong home-listings-per-capita and new building permits per capita, the 4th-highest millennial homeownership rate, and the 4th-highest home appreciation rate nationally (Source: WalletHub, "Best & Worst Cities for First-Time Home Buyers," 2026 study). That's a meaningful vote of confidence in this market.

Listing spotlight: 12.78 acres on Hillsdale Ave, Palm Bay — listed at $1,698,090.
https://www.crexi.com/properties/992432/florida-1278-acre-hillsdale-ave-palm-bay

Vahid Rajabian, Broker Associate | M. David Moallem, Inc. | License
321-333-7230

09/08/2026

Road project update for the St. Johns Heritage Parkway corridor: the City of Palm Bay, working with FDOT, is in the design phase to widen a roughly 3-mile stretch of St. Johns Heritage Parkway from Malabar Road to north of Emerson Drive from two lanes to four. Design work is funded at about $3.2 million; construction funding has not yet been secured (Source: City of Palm Bay, FL). The goal is easing congestion, improving emergency access, and reducing response times along one of Palm Bay's busiest growth corridors.

Listing spotlight: 198 acres in Geneva, FL — listed at $1,069,500.
https://www.crexi.com/properties/1060464/florida-198-acres

Vahid Rajabian, Broker Associate | M. David Moallem, Inc. | License
321-333-7230

Address

1663 Georgia Street, NE Suite 700
Palm Bay, FL
32907

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Thursday 9am - 5pm
Friday 9am - 5pm
Saturday 12pm - 6pm
Sunday 12pm - 6pm

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