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For SaleSingle Family Home
$329K
408 Addison Avenue NE, Palm Bay, FL 32907
Southeast Palm Bay neighborhood
Subdivision: Port Malabar Unit 6
3
Bedrooms
2
Bathrooms
1,477
Sq Ft
1979
Year Built
$223 /sqft

About This Property

Description from listing agent

New roof in 2023! Concrete block pool home on over 1/3 acre comes with an RV (fifth wheel) that is already fully hooked up! Here's a great opportunity for you to have room for all the toys plus, with a little TLC, an RV bungalow that can double as space for family & friends getting away from the cold up north, or perhaps use as an income-producing unit. Tile floors throughout the home (no carpets). Huge fenced backyard with a free-standing carport for additional parking. Covered lanai and screened in pool. Great location with easy access to shopping and I95.

Space Coast Context

🚀 Launch Viewing — Fair Views

38.5 mi from SLC-40

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

Aerospace Commute Guide
L3Harris6.5 mi~14 min
Northrop8.4 mi~19 min
Blue Origin32.5 mi~1h 12m
SpaceX33.7 mi~1h 15m
Lockheed33.7 mi~1h 15m
Boeing/KSC35.5 mi~1h 19m
KSC36 mi~1h 20m

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
  • 2/9/26
    Listed
    $329K
    $223/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 12 comparable sales in this area in the last 180 days.

Price vs. Comparable Sales
9.7% above median
Median comparable close: $300,000 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
96.7% of list price
At that rate, a competitive offer ≈ $318,265
Price Reductions
No reductions
Listed price has not changed since hitting the market
See & adjust the 12 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
0.38 acres (16,553 sqft)
Full Baths
2
Garage
2 car (attached)
Pool
Yes
Days on Market
132
MLS Area
340 - NE Palm Bay

Schools

Elementary

Port Malabar

Middle School

Stone

High School

Palm Bay

Financial & Listing Details

Listed
Feb 10, 2026
Parcel #
28-37-34-Ft-00156.0-0009.00
$329K

Listing Agent (for property info)

L
Lynnette Hendricks
Florida East Coast Real Estate
321-795-5666
Call Listing Agent

Estimated Monthly Payment

$2,212/mo
Principal & interest
$1,733
Property taxes
$329
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $329K price — down payment shown: $65,800.

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# 1069000

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Equal Housing Opportunity

MLS# 1069000 · Listing Broker: Florida East Coast Real Estate · 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.