About This Property
Description from listing agentRare opportunity to own a massive 6-bedroom multi-family property in Palm Bay with incredible income and value-add potential. Built in 2022, this spacious property offers over 3,000 square feet of living space, multiple large living areas, oversized walk-in closets, and a flexible layout ideal for multi-generational living or residential income opportunities. Light cosmetic updates such as flooring and paint could quickly elevate the property and create strong upside potential for investors or owner-occupants looking to build equity. With newer construction and solid bones, this property presents a great opportunity for someone looking for space, versatility, and long-term potential at an attractive price point.
Space Coast Context
🚀 Launch Viewing — Fair Views
42.4 mi from SLC-40
42.4 miles from SLC-40 — visible as a bright streak in good conditions.
Estimates only — verify with Google Maps.
Flood Risk
Moderate flood risk (0.2% annual chance). Flood insurance is optional but advisable.
Estimated flood insurance: $800 – $2,500 / yr — varies by coverage, elevation & insurer
Source: FEMA National Flood Hazard Layer. Insurance estimates are ranges only — get a quote for accurate pricing.
Price History
- 7/26/26Price change$399K -3.9%$113/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.
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.
Location
Get DirectionsAdditional Details
Community & HOA
HOA
- Name: Bayridge Subdivision HOA IncView HOA Profile →
- Fee: $75 / monthly
Schools
Elementary
Westside
Middle School
Southwest
High School
Bayside
Financial & Listing Details
Estimated Monthly Payment
- Principal & interest
- $2,102
- Property taxes
- $399
- Insurance & HOA
- $225
Based on a 6.90% rate, 30-year loan, and $399K price — down payment shown: $79,800.
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.
