For SaleSingle Family Home
$200K
462 Port Malabar Boulevard NE, Palm Bay, FL 32905
Palm Bay Waterfront neighborhood
Subdivision: Port Malabar Country Club Unit 2
3
Bedrooms
2
Bathrooms
1,604
Sq Ft
1974
Year Built
$125 /sqft

About This Property

Description from listing agent

Multiple offers exist. HIGHEST AND BEST by Friday, 5/22 @ 5pm. Invester alert! Great location in NE Palm Bay. Concrete block on .29 acres but needs full renovation. Roof 2011, A/C 2015 and works well, hot water heater 2018. Roll down electric front and side hurricane shutters, all others are accordion, screened-in patio, public water and sewer, and no HOA. Renovate to maximize the home's beauty and potential!

Space Coast Context

🚀 Launch Viewing — Fair Views

37.1 mi from SLC-40

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

Aerospace Commute Guide
L3Harris5 mi~11 min
Northrop7 mi~16 min
Blue Origin31.2 mi~1h 10m
SpaceX32.3 mi~1h 12m
Lockheed32.3 mi~1h 12m
Boeing/KSC34.1 mi~1h 16m
KSC34.5 mi~1h 17m

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
  • 5/11/26
    Listed
    $200K
    $125/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 15 comparable sales in this area in the last 180 days.

Price vs. Comparable Sales
24.5% below market
Median comparable close price: $265,000
Typical Offer Discount
97.6% of list price
At that rate, a competitive offer ≈ $195,128
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 (single family, condo, townhouse, etc.)
  • 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)
  • Square footage within ±15%
  • Year built within ±15 years

We start with your neighborhood, then expand to 3 miles, then 5 miles until we have enough comps. Sales within the last 90 days are weighted 2× in the median to reflect current market conditions.

This is the same analysis a local agent performs by hand — done automatically on every listing.

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
0.29 acres (12,632 sqft)
Full Baths
2
Garage
2 car
Days on Market
30
MLS Area
340 - NE Palm Bay

Schools

Middle School

Stone

High School

Palm Bay

Financial & Listing Details

Listed
May 19, 2026
Parcel #
28-37-28-Jo-00015.0-0011.00
$200K

Listing Agent (for property info)

E
Elaine M Horvath
BHHS Florida Realty
321-749-0052
Call Listing Agent

Estimated Monthly Payment

$1,404/mo
Principal & interest
$1,054
Property taxes
$200
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $200K price — down payment shown: $40,000.

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# 1077192

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Equal Housing Opportunity

MLS# 1077192 · Listing Broker: BHHS Florida Realty · 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.