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For SaleSingle Family Home
$250K
915 Burn Drive NE, Palm Bay, FL 32905
Palm Bay Waterfront neighborhood
Subdivision: Port Malabar Unit 2
3
Bedrooms
2
Bathrooms
1,166
Sq Ft
1973
Year Built
$214 /sqft

About This Property

Description from listing agent

Welcome home to this move in ready gem offering comfort, convenience, affordability and NO HOA fees! Situated on a spacious lot with city water and sewer, this home provides a fantastic opportunity to enjoy everything Florida's Space Coast has to offer without the added restrictions or expense of an HOA. Inside, you'll find an easy flowing floor plan featuring new carpet in the living area and bedrooms, and tile flooring in the common areas. Outside, a generous sized yard offers possibilities to create your ideal outdoor entertaining space, give kids and pets room to play, tackle weekend projects, or explore the potential for a future pool. The convenient location puts you approximately 10 minutes from Downtown Melbourne, where you can enjoy local dining, shopping, entertainment, and community events. Outdoor enthusiasts will appreciate nearby Veterans Memorial Park and Goode Park, which offers public boat ramp access. Even better, the local beach are just a short drive away!

Space Coast Context

🚀 Launch Viewing — Fair Views

37.5 mi from SLC-40

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

Aerospace Commute Guide
L3Harris6.6 mi~15 min
Northrop8.1 mi~18 min
Blue Origin31.3 mi~1h 10m
Lockheed32.6 mi~1h 13m
SpaceX32.7 mi~1h 13m
Boeing/KSC34.8 mi~1h 18m
KSC35.5 mi~1h 19m

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
  • 8/9/26
    Listed
    $250K
    $214/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 3 comparable sales in this area in the last 180 days.

Price vs. Comparable Sales
11.1% above median
Median comparable close: $225,000 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
91.4% of list price
At that rate, a competitive offer ≈ $228,441
Price Reductions
No reductions
Listed price has not changed since hitting the market
See & adjust the 3 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
0.22 acres (9,583 sqft)
Full Baths
2
Days on Market
19
MLS Area
340 - NE Palm Bay

Schools

Middle School

Stone

High School

Palm Bay

Financial & Listing Details

Listed
Aug 9, 2026
Parcel #
28-37-25-06-00040.0-0036.00
$250K

Listing Agent (for property info)

V
Vanessa Musillo
Real Broker, LLC
321-446-6857
Call Listing Agent

Estimated Monthly Payment

$1,717/mo
Principal & interest
$1,317
Property taxes
$250
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $250K price — down payment shown: $50,000.

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# 1084551

What's Nearby

restaurants
El Super Mofongo Resbaloso
0.8 mi away
schools
Palm Bay Elementary
1.2 mi away
government
Malabar Town Hall
1.2 mi away
government
Council Chambers
1.3 mi away
government
Town Administrators Office
1.3 mi away
government
Malabar Public Works Complex
1.3 mi away
restaurants
El Platanito
1.3 mi away
parks
Playground at Malabar Park
1.4 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1084551 · Listing Broker: Real Broker, 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.