1 / 50
For SaleSingle Family Home
$308K
550 Morning Cove Circle SE, Palm Bay, FL 32909
Palm Bay - St. Johns Heritage Parkway neighborhood
Subdivision: Fairway Isles at Bayside Lakes Phase I
3
Bedrooms
2
Bathrooms
1,659
Sq Ft
2001
Year Built
$185 /sqft

About This Property

Description from listing agent

''Absolutely Better than new! This stunning waterfront home in Fairway Isles at Bayside Lakes offers 3 bedrooms, 2 baths, and a 2-car garage with city gas/water/sewer. Impeccably maintained, the interior features vaulted ceilings, updated flooring and custom lighting. Every detail is refreshed, including designer-refinished cabinetry with new hardware, updated ceiling fans, Door Knobs/Handles and new toilets. The remodeled master suite is a private retreat boasting a barn-door accent, garden tub, walk-in shower, and Large Walk In Closet. Enjoy ultimate peace of mind with a generator plug, garage door opener, hurricane shutters, and rain gutters. Relax on the screened, trussed-covered lanai overlooking the water. Located minutes from premier shopping, the HOA offers resort living with two pools, a gym, sauna, and clubhouse, plus tennis, pickleball, and basketball courts. Experience this lifestyle through The video tour Located in the photo gallery today!''

Space Coast Context

🚀 Launch Viewing — Fair Views

42.9 mi from SLC-40

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

Aerospace Commute Guide
L3Harris10.7 mi~24 min
Northrop12.7 mi~28 min
Blue Origin37 mi~1h 22m
SpaceX38.1 mi~1h 25m
Lockheed38.1 mi~1h 25m
Boeing/KSC39.6 mi~1h 28m
KSC40 mi~1h 29m

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
  • 5/15/26
    Listed
    $308K
    $185/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 2 comparable sales in this area in the last 180 days.(limited data — interpret with caution)

Price vs. Comparable Sales
20.1% above median
Median comparable close: $256,000 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
95.9% of list price
At that rate, a competitive offer ≈ $295,029
Price Reductions
No reductions
Listed price has not changed since hitting the market
See & adjust the 2 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
0.16 acres (6,970 sqft)
Full Baths
2
Total Rooms
9
Garage
2 car (attached)
HOA Fee
$185/mo
Days on Market
106
MLS Area
343 - SE Palm Bay

Community & HOA

HOA

Schools

Elementary

Westside

Middle School

Southwest

High School

Bayside

Financial & Listing Details

Listed
May 15, 2026
Parcel #
29-37-19-Rv-00000.0-0048.00
$308K

Listing Agent (for property info)

L
Lisa Lajoie
CENTURY 21 Baytree Realty
321-749-5817
Call Listing Agent

Estimated Monthly Payment

$2,263/mo
Principal & interest
$1,620
Property taxes
$308
Insurance & HOA
$335

Based on a 6.90% rate, 30-year loan, and $308K price — down payment shown: $61,500.

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# 1077432

What's Nearby

government
Supervisor of Elections and Property Appraiser
0.2 mi away
shopping
7-Eleven
0.3 mi away
restaurants
Domino's
0.3 mi away
restaurants
McDonald's
0.3 mi away
restaurants
Dunkin'
0.3 mi away
pharmacies
Bayside Lakes Family Pharmacy
0.3 mi away
gas stations
Mobil
0.3 mi away
grocery
Publix
0.4 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1077432 · Listing Broker: CENTURY 21 Baytree Realty · 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.