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For SaleSingle Family Home
$360K
2629 Nilgiri Street NW, Palm Bay, FL 32907
Northwest Palm Bay neighborhood
Subdivision: Port Malabar Unit 1
3
Bedrooms
2
Bathrooms
1,989
Sq Ft
2026
Year Built
$181 /sqft

About This Property

Description from listing agent

Under Construction. Located in the gated community of Malabar Springs, the Drexel floor plan showcases a thoughtfully designed layout with upgraded finishes, refined details, and inviting indoor-outdoor living spaces. The stone-accented exterior, paver driveway and entry, covered front porch, and upgraded 8' full-lite front door create an impressive first impression. Hurricane shutters, gutters, and an irrigation system add practical convenience, while professional landscaping enhances the home's curb appeal. Inside, 9'4" ceilings, upgraded custom interior paint, crown molding, and a deluxe interior trim package establish a polished look throughout. Upgraded door hardware, French closet doors, and cordless blinds provide stylish finishing touches, complemented by 12x24 gray ceramic tile flooring that continues throughout the entire home. The spacious Great Room features additional windows and flush-mount LED lighting, filling the open living area with natural light.

Space Coast Context

🚀 Launch Viewing — Fair Views

39.8 mi from SLC-40

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

Aerospace Commute Guide
L3Harris9.4 mi~21 min
Northrop11.1 mi~25 min
Blue Origin34.6 mi~1h 17m
SpaceX35.1 mi~1h 18m
Lockheed35.2 mi~1h 18m
Boeing/KSC35.9 mi~1h 20m
KSC36 mi~1h 20m

Estimates only — verify with Google Maps.

Flood Risk

Zone AE — High Risk

Special Flood Hazard Area (1% annual chance). Flood insurance is federally required for mortgages.

Estimated flood insurance: $2,000 – $6,000+ / 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
  • 10/19/26
    Listed
    $360K
    $181/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 17 comparable sales in this area in the last 180 days.

Price vs. Comparable Sales
At market value
Median comparable close price: $355,000
Typical Offer Discount
97.8% of list price
At that rate, a competitive offer ≈ $352,116
Price Reductions
No reductions
Listed price has not changed since hitting the market
See & adjust the 17 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
0.17 acres (10,019 sqft)
Full Baths
2
Total Rooms
8
Garage
2 car (attached)
HOA Fee
$240/mo
Days on Market
3
MLS Area
344 - NW Palm Bay

Community & HOA

HOA

  • Name: Care of Maronda Homes
  • Fee: $240 / annually

Schools

Elementary

Jupiter

Middle School

Central

High School

Heritage

Financial & Listing Details

Listed
Oct 19, 2026
Parcel #
28-36-32-25-e-13
$360K

Listing Agent (for property info)

O
Olivia Ball
New Home Star Florida LLC
443-766-9584
Call Listing Agent

Estimated Monthly Payment

$2,646/mo
Principal & interest
$1,896
Property taxes
$360
Insurance & HOA
$390

Based on a 6.90% rate, 30-year loan, and $360K price — down payment shown: $71,980.

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# 1090397

What's Nearby

schools
Heritage High School
0.4 mi away
grocery
Publix
0.7 mi away
restaurants
Softball Snacks
0.8 mi away
restaurants
McDonald's
0.8 mi away
dog parks
Fred Poppe Regional Dog Park
1.0 mi away
schools
Discovery Elementary School
2.4 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1090397 · Listing Broker: New Home Star Florida 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.