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For SaleSingle Family Home
$420K
1548 Rainsville Road SE, Palm Bay, FL 32909
Palm Bay - Bayside Lakes neighborhood
Subdivision: Port Malabar Unit 16
4
Bedrooms
2
Bathrooms
2,137
Sq Ft
2023
Year Built
$197 /sqft

About This Property

Description from listing agent

Beautiful 2023 built, located in one of the most sought after areas in Palm Bay just near to all kinds of amenities such shopping centers, restaurants, theaters, easy access to I95, 30 min away from Melbourne Beach, 1 hour away from Orlando theme parks and much more, This almost brand new home offer 2137 sqf of living, huge great room just perfect for entertainment, spacious kitchen with quartz counter top and SS appliances, luxury vinyl floor throughout, 10' ceilings with tray ceilings in family room and master suite, nice screened porch, open floor concept, NO HAO, city water, great area and great school district.

Space Coast Context

🚀 Launch Viewing — Fair Views

41.8 mi from SLC-40

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

Aerospace Commute Guide
L3Harris9.6 mi~21 min
Northrop11.6 mi~26 min
Blue Origin35.9 mi~1h 20m
SpaceX37 mi~1h 22m
Lockheed37 mi~1h 22m
Boeing/KSC38.6 mi~1h 26m
KSC39.1 mi~1h 27m

Estimates only — verify with Google Maps.

Flood Risk

Zone X — Minimal Risk

Outside the Special Flood Hazard Area. Flood insurance is optional but recommended.

Estimated flood insurance: $500 – $1,200 / 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

Date
Event
Price
  • 8/13/26
    Listed
    $420K
    $197/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 10 comparable sales in this area in the last 180 days.

Price vs. Comparable Sales
15.1% above median
Median comparable close: $364,990 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
99.1% of list price
At that rate, a competitive offer ≈ $416,265
Price Reductions
No reductions
Listed price has not changed since hitting the market
See & adjust the 10 comparable sales used

Uncheck any home you don't consider comparable — the median updates instantly.

The median is weighted: nearer sales count more than distant ones, and comps marked recent (sold in the last 90 days) count 2×. Comps farther than 3 miles are flagged — a longer distance usually means few nearby sales were available.

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
0.23 acres (10,019 sqft)
Full Baths
2
Garage
2 car (attached)
Days on Market
13
MLS Area
343 - SE Palm Bay

Schools

Elementary

Columbia

Middle School

Southwest

High School

Bayside

Financial & Listing Details

Listed
Aug 13, 2026
Parcel #
29-37-17-Gp-00733.0-0010.00
$420K

Listing Agent (for property info)

D
Dario Rincon Nunez
RE/MAX Elite
321-890-9456
Call Listing Agent

Estimated Monthly Payment

$2,783/mo
Principal & interest
$2,213
Property taxes
$420
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $420K price — down payment shown: $84,000.

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# 1084990

What's Nearby

schools
Columbia Elementary School
0.7 mi away
schools
Odyssey Charter School
0.9 mi away
grocery
Publix
1.0 mi away
restaurants
McDonald's
1.0 mi away
schools
Odyssey Prep Academy
1.0 mi away
schools
Odyssey Junior/Senior High
1.1 mi away
gas stations
Mobil
1.1 mi away
restaurants
Dunkin'
1.1 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1084990 · Listing Broker: RE/MAX Elite · 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.