1 / 24
For SaleSingle Family Home
$232K
1051 Colonial Avenue SE, Palm Bay, FL 32909
Palm Bay - Bayside Lakes neighborhood
Subdivision: Port Malabar Unit 12
3
Bedrooms
1
Bathrooms
1,000
Sq Ft
1982
Year Built
$232 /sqft

About This Property

Description from listing agent

Move-in ready and thoughtfully updated, this charming 3-bedroom, 1-bath home offers peace of mind where it matters most. Enjoy a new 2023 roof, HVAC, AND windows, helping reduce insurance concerns and future maintenance costs. The expanded, modern kitchen features ample cabinetry, generous counter space, and stainless appliances—perfect for everyday living and entertaining. Tile flooring flows through the main living areas, with wood-look LVP in the bedrooms for comfort and durability. Both bathrooms have been previously updated and are clean and functional. Fresh, neutral tones throughout make this home easy to personalize.

Space Coast Context

🚀 Launch Viewing — Fair Views

41 mi from SLC-40

41 miles from SLC-40 — visible as a bright streak in good conditions.

Aerospace Commute Guide
L3Harris8.9 mi~20 min
Northrop10.9 mi~24 min
Blue Origin35.2 mi~1h 18m
SpaceX36.2 mi~1h 21m
Lockheed36.3 mi~1h 21m
Boeing/KSC37.8 mi~1h 24m
KSC38.2 mi~1h 25m

Estimates only — verify with Google Maps.

Flood Risk

Flood zone data not yet available for this listing. Check FEMA Flood Map

Source: FEMA National Flood Hazard Layer. Insurance estimates are ranges only — get a quote for accurate pricing.

Price History

Date
Event
Price
  • 1/14/26
    Listed
    $232K
    $232/sqft

Tracked by MaxxCity from the date each listing first appeared in our system — earlier history isn't available from the MLS feed.

Offer Intelligence

Price history and market context for this listing.

Price Reductions
No reductions
Listed price has not changed since hitting the market
How we match comps

Comps are pulled directly from the Space Coast MLS — sold sales only, closed within the last 180 days. We apply hyper-local matching criteria in this order:

  • Same property type, always (single family, condo, townhouse, etc.)
  • Single-story homes compared only to single-story (and multi to multi)
  • Exact bedroom count
  • Bathrooms within ±0.5
  • Garage spaces within ±1
  • Pool status must match
  • Waterfront status must match
  • HOA must match (HOA community vs. no HOA)
  • Price within ±5–20% of list price (tightest in early tiers)
  • Square footage within ±10–25% (tighter in early tiers)
  • Year built always within ±5–20 years (never dropped)

We search in tiers, expanding the radius only as needed — starting in the same subdivision within 1 mile, then 2 miles, then the same neighborhood within 3 miles, and the same zip code within 5 miles as a last resort. For luxury homes ($5M+), where nearby comps are scarce, we widen the search to 5–20 miles. Year built is always required so comps are from the same era of construction. The median is weighted toward nearer sales, and sales within the last 90 days count 2× to reflect current market conditions.

Median estimate is based on similar active listings and homes that have sold within the last 180 days in this area, as reported through Brevard MLS. This is not an appraisal or a Comparative Market Analysis (CMA). Before making an offer, work with a licensed real estate agent to obtain a CMA, or hire a certified real estate appraiser for an independent valuation.

Additional Details

Lot Size
0.24 acres (10,454 sqft)
Full Baths
1
Days on Market
160
MLS Area
343 - SE Palm Bay

Schools

Elementary

Turner

Middle School

Southwest

High School

Bayside

Financial & Listing Details

Listed
Jan 14, 2026
Parcel #
29-37-08-Gn-00525.0-0007.00
$232K

Listing Agent (for property info)

C
Caitlin E. Rebensky
Portfolio Homes
321-505-9747
Call Listing Agent

Estimated Monthly Payment

$1,604/mo
Principal & interest
$1,222
Property taxes
$232
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $232K price — down payment shown: $46,400.

This is a quick estimate only — it does not include items like mortgage insurance, closing costs, or rate-lock terms. For an accurate payment based on your credit and finances, get pre-qualified with a certified bank or licensed mortgage brokerage.

MLS# 1066390

Interested in this property?

Equal Housing Opportunity

MLS# 1066390 · Listing Broker: Portfolio Homes · 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. The data is deemed reliable but is not guaranteed accurate by the MLS. Listing information provided by Space Coast Association of REALTORS® and the Space Coast MLS. © 2026 Space Coast Association of REALTORS®. All rights reserved. · MaxxCity Realty LLC · Licensed in Florida.