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For SaleSingle Family Home
$340K
3511 Jute Lane SE, Palm Bay, FL 32909
Palm Bay - St. Johns Heritage Parkway neighborhood
Subdivision: Waterstone Plat 1 PUD
3
Bedrooms
3
Bathrooms
2,000
Sq Ft
2006
Year Built
$170 /sqft

About This Property

Description from listing agent

Enjoy lakefront living on a beautifully landscaped corner lot in The Lakes at Waterstone, one of Palm Bay's most distinctive communities. Tucked away among scenic lakes, walking paths and picturesque bridges, this 2,000 SF home offers 3 beds, 3 baths and a versatile flex room that can serve as a 4th bedroom, office, gym or hobby space. An open floor plan, 12-foot ceilings and expansive rear sliders fill the home with natural light and frame peaceful backyard lake views. Recent updates include fresh interior paint, decorative wainscoting, new tile in the primary walk-in shower and new no-see-um screening on the back porch. Additional features include a screened front entry, barrel tile roof, paver driveway, central vacuum, an impact-rated primary slider and accordion shutters. HOA includes lawn and landscape care, irrigation, fertilization, weed and lawn pest control, monitored home security, clubhouse, fitness center, heated pool, tennis and pickleball.

Space Coast Context

🚀 Launch Viewing — Fair Views

45.5 mi from SLC-40

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

Aerospace Commute Guide
L3Harris13.4 mi~30 min
Northrop15.4 mi~34 min
Blue Origin39.5 mi~1h 28m
SpaceX40.7 mi~1h 31m
Lockheed40.7 mi~1h 31m
Boeing/KSC42.5 mi~1h 35m
KSC42.9 mi~1h 36m

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
  • 10/16/26
    Listed
    $340K
    $170/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 1 comparable sale in this area in the last 180 days.(limited data — interpret with caution)

Price vs. Comparable Sales
At market value
Median comparable close price: $350,000
Typical Offer Discount
97.5% of list price
At that rate, a competitive offer ≈ $331,476
Price Reductions
No reductions
Listed price has not changed since hitting the market
See & adjust the 1 comparable sale 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
0.15 acres (6,534 sqft)
Full Baths
3
Garage
2 car (attached)
HOA Fee
$340/mo
Days on Market
1
MLS Area
343 - SE Palm Bay

Community & HOA

HOA

  • Name: The Lakes at Waterstone HOA
  • Fee: $340 / monthly

Schools

Elementary

Sunrise

Middle School

Southwest

High School

Bayside

Financial & Listing Details

Listed
Oct 16, 2026
Parcel #
30-37-04-ut-00000.0-048l.00
$340K

Listing Agent (for property info)

M
Michael Wolff
Waterman Real Estate, Inc.
321-785-0555
Call Listing Agent

Estimated Monthly Payment

$2,621/mo
Principal & interest
$1,791
Property taxes
$340
Insurance & HOA
$490

Based on a 6.90% rate, 30-year loan, and $340K price — down payment shown: $68,000.

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# 1090169

What's Nearby

schools
Sunrise Elementary School
0.5 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1090169 · 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.