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For SaleSingle Family Home
$489K
361 Del Rey Street NE, Palm Bay, FL 32907
Northwest Palm Bay neighborhood
Subdivision: Port Malabar Unit 7
4
Bedrooms
3
Bathrooms
2,478
Sq Ft
2026
Year Built
$197 /sqft

About This Property

Description from listing agent

$1,000 deposit ! Introducing the Major, a spacious 4-bedroom, 3-bath home with a 3-car garage offering 2,478 sqft of thoughtfully designed living. Soaring 9'4'' ceilings create an open, airy feel, leading into a wide open-concept layout connecting the great room, dining, and kitchen. An expansive slider fills the space with natural light and opens to the covered lanai, perfect for indoor/outdoor living and entertaining. The chef-inspired kitchen showcases stunning quartz countertops, soft-close cabinetry, tile backsplash, a large island, and all Samsung appliances included. The private primary suite features a tray ceiling, walk-in closet, and spa-like bath for a true retreat. Three additional bedrooms and a Jack & Jill bath, offers flexibility for families, guests, or home office use. This home is gorgeous, designed for comfort and clarity. CITY WATER & SEWER LOT and a great location. Don't miss it ! Schedule your showing today. Sample photos for reference.

Space Coast Context

🚀 Launch Viewing — Fair Views

38.9 mi from SLC-40

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

Aerospace Commute Guide
L3Harris6.8 mi~15 min
Northrop8.8 mi~20 min
Blue Origin33.1 mi~1h 14m
SpaceX34.1 mi~1h 16m
Lockheed34.1 mi~1h 16m
Boeing/KSC35.5 mi~1h 19m
KSC35.9 mi~1h 20m

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.

Offer Intelligence

Based on 6 comparable sales in this area in the last 180 days.

Price vs. Comparable Sales
8.7% above median
Median comparable close: $450,000 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
99.4% of list price
At that rate, a competitive offer ≈ $486,141
Price Reductions
No reductions
Listed price has not changed since hitting the market
See & adjust the 6 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
0.24 acres (10,454 sqft)
Full Baths
3
Garage
3 car (attached)
Days on Market
106
MLS Area
340 - NE Palm Bay

Schools

Elementary

Christa McAuliffe

Middle School

Southwest

High School

Palm Bay

Financial & Listing Details

Listed
Apr 10, 2026
Parcel #
28-37-31-Fr-00217.0-0016.00
$489K

Listing Agent (for property info)

K
Kimberly Gankos
New Home Outlook
407-791-9994
Call Listing Agent

Estimated Monthly Payment

$3,215/mo
Principal & interest
$2,576
Property taxes
$489
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $489K price — down payment shown: $97,800.

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# 1074366

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Equal Housing Opportunity

MLS# 1074366 · Listing Broker: New Home Outlook · 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.