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For SaleSingle Family Home
$395K
1211 Rainbow Road SE, Palm Bay, FL 32909
Palm Bay - Bayside Lakes neighborhood
Subdivision: Port Malabar Unit 16
3
Bedrooms
2
Bathrooms
1,484
Sq Ft
1992
Year Built
$266 /sqft

About This Property

Description from listing agent

Well cared for updated 3 bedroom/2 bath block home! City water is available to hook up to - Buyers responsibility to find out the details. Roof, AC new in 2024, septic pumped in Dec 2025. Property is a double lot so room to park your RV, truck, boats, etc.! Granite countertops in the Kitchen, bathrooms were updated! Laundry Room in house! Washer/Dryer stay! Large Florida Room (under air!) and Backyard Deck! Gutters have a Leaf Filter system! Selling As-Is, Inspections Welcomed!

Space Coast Context

🚀 Launch Viewing — Fair Views

41.9 mi from SLC-40

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

Aerospace Commute Guide
L3Harris9.7 mi~22 min
Northrop11.7 mi~26 min
Blue Origin35.9 mi~1h 20m
SpaceX37.1 mi~1h 23m
Lockheed37.1 mi~1h 23m
Boeing/KSC38.8 mi~1h 26m
KSC39.2 mi~1h 27m

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
  • 6/11/26
    Listed
    $395K
    $266/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

Based on 50 comparable sales in this area in the last 180 days.

Price vs. Comparable Sales
66.3% above median
Median comparable close: $237,500 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
96.8% of list price
At that rate, a competitive offer ≈ $382,511
Price Reductions
No reductions
Listed price has not changed since hitting the market

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
0.54 acres (23,522 sqft)
Full Baths
2
Garage
2 car (attached)
Days on Market
6
MLS Area
343 - SE Palm Bay

Schools

Elementary

Columbia

Middle School

Southwest

High School

Bayside

Financial & Listing Details

Listed
Jun 11, 2026
Parcel #
29-37-16-Gp-00756.0-0007.00
$395K

Listing Agent (for property info)

B
Barbara Ann Wilson
Power Realty, LLC
321-543-3297
Call Listing Agent

Estimated Monthly Payment

$2,626/mo
Principal & interest
$2,081
Property taxes
$395
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $395K price — down payment shown: $79,000.

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# 1079781

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Equal Housing Opportunity

MLS# 1079781 · Listing Broker: Power Realty, LLC · 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.