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For SaleSingle Family Home
$285K
531 California Avenue NE, Palm Bay, FL 32907
Southeast Palm Bay neighborhood
Subdivision: Port Malabar Unit 6
3
Bedrooms
2
Bathrooms
1,260
Sq Ft
1982
Year Built
$226 /sqft

About This Property

Description from listing agent

Welcome home to this value priced pool home featuring 3 bedrooms 2 bathrooms and oversized 2 car garage. This lovingly maintained home offers a great room with a ceiling fan, spacious dining room with slider door access to the screened in porch/pool area. The fully equipped kitchen is updated with granite countertops and open to the dining area with views to the family room. Other features include: large bedrooms, indoor laundry room, bathroom access to pool, large backyard. City water, a great location near shopping, parks, schools, I95, and a short drive to Brevards beautiful beaches.

Space Coast Context

🚀 Launch Viewing — Fair Views

38.2 mi from SLC-40

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

Aerospace Commute Guide
L3Harris6.4 mi~14 min
Northrop8.2 mi~18 min
Blue Origin32.1 mi~1h 12m
SpaceX33.3 mi~1h 14m
Lockheed33.3 mi~1h 14m
Boeing/KSC35.3 mi~1h 19m
KSC35.8 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
  • 4/16/26
    Listed
    $285K
    $226/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 5 comparable sales in this area in the last 180 days.

Price vs. Comparable Sales
9.5% below market
Median comparable close price: $315,000
Typical Offer Discount
99.7% of list price
At that rate, a competitive offer ≈ $284,241
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
0.23 acres (10,019 sqft)
Full Baths
2
Total Rooms
7
Garage
2 car
Pool
Yes
Days on Market
63
MLS Area
340 - NE Palm Bay

Schools

Elementary

Port Malabar

Middle School

Stone

High School

Palm Bay

Financial & Listing Details

Listed
Apr 17, 2026
Parcel #
28-37-35-Ft-00112.0-0002.00
$285K

Listing Agent (for property info)

V
Vera L Koon
Waterman Real Estate, Inc.
321-302-9588
Call Listing Agent

Estimated Monthly Payment

$1,937/mo
Principal & interest
$1,502
Property taxes
$285
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $285K price — down payment shown: $57,000.

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# 1074886

Interested in this property?

Equal Housing Opportunity

MLS# 1074886 · Listing Broker: Waterman Real Estate, Inc. · 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.