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For SaleSingle Family Home
$469K
1401 Rila Street SE, Palm Bay, FL 32909
Palm Bay - St. Johns Heritage Parkway neighborhood
Subdivision: Port Malabar Unit 46
5
Bedrooms
3
Bathrooms
2,675
Sq Ft
2005
Year Built
$175 /sqft

About This Property

Description from listing agent

Big space, big upgrades, and absolutely no HOA! Set on an impressive .55-acre corner lot in Palm Bay, this property delivers the freedom, functionality, and standout features buyers are searching for. A three-car garage provides exceptional room for vehicles, storage, and weekend toys, while the large screened porch creates an expansive outdoor living space ready for laid-back afternoons and effortless entertaining. Inside, the kitchen makes a strong impression with granite countertops, stainless steel appliances, and solid wood cabinetry, complemented by a practical mix of tile and carpet throughout. The primary suite adds its own layer of comfort with his-and-hers closets and a spacious bath featuring a garden tub and separate shower. A 2024 roof brings valuable peace of mind, while the septic system, generous lot size, and freedom of no HOA make this Palm Bay property an exciting opportunity with room to live, park, entertain, and make it entirely your own.

Space Coast Context

🚀 Launch Viewing — Fair Views

43.6 mi from SLC-40

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

Aerospace Commute Guide
L3Harris11.5 mi~26 min
Northrop13.4 mi~30 min
Blue Origin37.6 mi~1h 24m
Lockheed38.7 mi~1h 26m
SpaceX38.8 mi~1h 26m
Boeing/KSC40.5 mi~1h 30m
KSC41 mi~1h 31m

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
  • 8/14/26
    Listed
    $469K
    $175/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
0.55 acres (23,958 sqft)
Full Baths
3
Garage
3 car (attached)
Days on Market
5
MLS Area
343 - SE Palm Bay

Schools

Elementary

Sunrise

Middle School

Southwest

High School

Bayside

Financial & Listing Details

Listed
Aug 21, 2026
Parcel #
29-37-28-Kq-02027.0-0018.00
$469K

Listing Agent (for property info)

M
Mary Goodwin
Compass Florida, LLC
321-544-1933
Call Listing Agent

Estimated Monthly Payment

$3,090/mo
Principal & interest
$2,471
Property taxes
$469
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $469K price — down payment shown: $93,800.

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# 1085074

What's Nearby

schools
Odyssey Junior/Senior High
1.2 mi away
schools
Odyssey Prep Academy
1.2 mi away
fire stations
Palm Bay Fire Department Station 4
1.3 mi away
shopping
Chevron
1.4 mi away
schools
Sunrise Elementary School
1.7 mi away
government
Supervisor of Elections and Property Appraiser
1.9 mi away
restaurants
McDonald's
2.0 mi away
shopping
7-Eleven
2.0 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1085074 · Listing Broker: Compass 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.