
368 GATES STREET SW, PALM BAY, FL, 32908
Active11 days on marketListed Jul 30, 2026MLS #S5154602
About this home
368 GATES STREET SW
Some spend years imagining the home they want to build. This is where that story begins. This clean, cleared lot in SW Palm Bay is one of those rare opportunities where the hardest part is already done. The permit is processed. The floor plan for a single family home is ready to go. If you have been dreaming of building exactly what you want, the layout, the finishes, the details that production builders never get right, you can break ground without the typical wait, the typical frustration, or the typical delays. The lot itself tells you everything about the neighborhood. Mature trees framing the property line. Space to breathe. Quiet residential streets, not a cookie-cutter development packed wall to wall. No HOA means your vision stays your vision. No design committees, no approval processes, no restrictions on how you make it yours. And the location rewards you beyond the property line. Bayside Lakes shopping area is just minutes away, and a public park with basketball courts and playground is within minutes. Turkey Creek Sanctuary offers hiking trails and wildlife viewing, while Melbourne Beach and Indialantic Beach are among the closest options for swimming and enjoying the Florida sunshine. The Indian River Lagoon puts kayaking, fishing, and manatee encounters practically in your backyard. Kennedy Space Center is a straight shot up I-95, and so are L3Harris, Northrop Grumman, Lockheed Martin, Boeing, and Raytheon, all within a 15 to 25 minute commute north. This is the Space Coast at its most livable. Affordable enough to build what you actually want. Connected enough to go anywhere you need. And growing fast enough that waiting has a real cost. The permit is ready. The plan is drawn. The only thing missing is you.
Facts & features
The home at a glance
0.24 ac
Lot size
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$463 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$463/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Where it sits
Inside Palm Bay
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Palm Bay. See the full Palm Bay guide →
PALM BAY 32908 — neighborhood snapshot
Population
14,970
Median age
38.3
Median income
$66,589
Median home value
$265,500
Avg household
3.08
Households w/ children
1,917
For the school run
Brevard County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Palm Bay market
$306K → $328K
Palm Bay median sold, yr/yr
98.1%
Sale-to-list ratio (12 mo)
Median sold price, Palm Bay, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 13% below the PALM BAY 32908 median. See the full Palm Bay market guide →
Paper trail
This home's history
Reality check
What actually sold near 368 GATES STREET SW
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Dec ’25$345,000
475 LA COCO STREET SW · same community
4 bd · 2 ba · 1,800 sqft · $192/sqft · 111 DOM
Sold · Dec ’25$314,990
527 FALMOUTH STREET SW · same community
4 bd · 2 ba · 1,811 sqft · $174/sqft · 44 DOM
Sold · Dec ’25$319,990
1451 SCHMITT AVENUE SW · same community
3 bd · 2 ba · 1,811 sqft · $177/sqft · 59 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 368 GATES STREET SW — start here.

Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 368 GATES STREET SW — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
368 GATES STREET SW FAQs
What would the monthly payment be for 368 GATES STREET SW?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $463/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 368 GATES STREET SW?+
The most recent tax bill on record (2025) was $524. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Palm Bay?+
At $40,999, this home is listed about 88% below the Palm Bay median of $354,950. The market section on this page shows how the area is trending.
Which schools are assigned to 368 GATES STREET SW?+
Jupiter Elementary School (elementary), Southwest Middle School (middle), Heritage High School (high) — Brevard County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of EXP REALTY LLC · Paula Cordova Ibanez. MLS #S5154602.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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