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For SaleSingle Family Home
$550K
1926 Thornwood Drive SE #50, Palm Bay, FL 32909
Palm Bay - St. Johns Heritage Parkway neighborhood
Subdivision: Magnolia Park at Bayside Lakes
3
Bedrooms
3
Bathrooms
2,225
Sq Ft
2003
Year Built
$247 /sqft

About This Property

Description from listing agent

Lifestyle Pool Home on Water in private gated community in need of new homeowner. Well maintained, open floor plan has a flex room that can convert to Office, Den or 4th bedroom. Covered Lanai with Screened Pool, provides a calm and private yard to enjoy the many birds and ducks that visit, while you enjoy sunsets, sunrises. Short drive to shopping, schools, beaches and major roadways provide ideal location. Community offers a Clubhouse, Tennis Courts, Basketball, shuffleboard and Playground in addition to resort pool Underground utilities, city water & sewer, with sidewalks encourage walks, biking and in general plenty of Florida Sunshine. Some of the furnishings are available for sale

Space Coast Context

🚀 Launch Viewing — Fair Views

42.8 mi from SLC-40

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

Aerospace Commute Guide
L3Harris10.6 mi~24 min
Northrop12.6 mi~28 min
Blue Origin37 mi~1h 22m
SpaceX38 mi~1h 25m
Lockheed38 mi~1h 25m
Boeing/KSC39.5 mi~1h 28m
KSC39.9 mi~1h 29m

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
  • 8/18/26
    Listed
    $550K
    $247/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
0.25 acres (10,890 sqft)
Full Baths
2
Half Baths
1
Garage
3 car
HOA Fee
$750/mo
Waterfront
Canal Non-Navigation
Pool
Yes
Days on Market
7
MLS Area
343 - SE Palm Bay

Community & HOA

HOA

Schools

Elementary

Westside

Middle School

Southwest

High School

Bayside

Financial & Listing Details

Listed
Aug 19, 2026
Parcel #
29-37-19-50-00000.0-0021.00
$550K

Listing Agent (for property info)

R
Ruthann Hansen
RE/MAX Elite
321-749-3939
Call Listing Agent

Estimated Monthly Payment

$4,348/mo
Principal & interest
$2,898
Property taxes
$550
Insurance & HOA
$900

Based on a 6.90% rate, 30-year loan, and $550K price — down payment shown: $110,000.

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# 1085475

What's Nearby

restaurants
Domino's
0.4 mi away
pharmacies
Bayside Lakes Family Pharmacy
0.4 mi away
shopping
7-Eleven
0.4 mi away
restaurants
Dunkin'
0.4 mi away
gas stations
Mobil
0.4 mi away
government
Supervisor of Elections and Property Appraiser
0.5 mi away
grocery
Publix
0.5 mi away
restaurants
McDonald's
0.5 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1085475 · 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.