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For SaleSingle Family Home
$260K
2235 Macedo Road NE, Palm Bay, FL 32907
Southeast Palm Bay neighborhood
Subdivision: Port Malabar Unit 6
3
Bedrooms
3
Bathrooms
1,460
Sq Ft
1978
Year Built
$178 /sqft

About This Property

Description from listing agent

Unlock incredible income potential or flexible multi-generational living with this unique, cash-flow-ready corner lot property in the heart of NE Palm Bay! Converted into a highly functional duplex setup, this versatile home offers two entirely separate living areas under one roof--with the effortless option to reconnect them later. The main right-side unit features a spacious 2-bedroom, 2-bathroom layout anchored by a large, light-filled open kitchen and a cozy living area spotlighted by a beautiful stone fireplace. The left-side suite serves as the ultimate self-contained layout for an in-law suite, student space, or steady rental income. Step outside to enjoy your private, fenced backyard oasis. Best of all, the property features a 1-car garage converted into a dedicated laundry room and storage utility center, giving you heaps of bonus square footage. Live in one side and let the other pay your mortgage!

Space Coast Context

🚀 Launch Viewing — Fair Views

38.6 mi from SLC-40

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

Aerospace Commute Guide
L3Harris6.8 mi~15 min
Northrop8.6 mi~19 min
Blue Origin32.5 mi~1h 12m
Lockheed33.7 mi~1h 15m
SpaceX33.8 mi~1h 15m
Boeing/KSC35.7 mi~1h 20m
KSC36.2 mi~1h 21m

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
  • 7/10/26
    Listed
    $260K
    $178/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
0.24 acres (10,454 sqft)
Full Baths
3
Fireplaces
1
Days on Market
47
MLS Area
340 - NE Palm Bay

Schools

Elementary

Port Malabar

Middle School

Stone

High School

Palm Bay

Financial & Listing Details

Listed
Jul 10, 2026
Parcel #
28-37-34-Ft-00087.0-0008.00
$260K

Listing Agent (for property info)

P
Patricia Lorenzo
85 & Sunny Real Estate,PA
321-254-1330
Call Listing Agent

Estimated Monthly Payment

$1,780/mo
Principal & interest
$1,370
Property taxes
$260
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $260K price — down payment shown: $52,000.

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# 1082247

What's Nearby

schools
Port Malabar Elementary
0.8 mi away
shopping
Fil-Am Oriental Store
0.9 mi away
shopping
RaceTrac Shop
1.0 mi away
pharmacies
Acquaviva's Pharmacy
1.0 mi away
restaurants
Twisty Cone
1.2 mi away
government
Malabar Post Office
1.2 mi away
parks
Playsmart Playground
1.3 mi away
shopping
Sunoco
1.3 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1082247 · Listing Broker: 85 & Sunny Real Estate,PA · 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.