1 / 50
For SaleSingle Family Home
$470K
514 Hobart Avenue NW, Palm Bay, FL 32907
Northwest Palm Bay neighborhood
Subdivision: Port Malabar Unit 39
4
Bedrooms
2
Bathrooms
2,160
Sq Ft
2003
Year Built
$218 /sqft

About This Property

Description from listing agent

Fully redesigned for refined living, this exceptional pool residence is set on a beautiful double lot just shy of half an acre, offering both privacy and presence. Attention to detail throughout, the home features a desirable four-bedroom split floor plan with two elegantly appointed bathrooms. A gracious entry introduces formal living and dining spaces that seamlessly transition into a sophisticated open-concept design. The heart of the home is a stunning chef's kitchen overlooking the family room and sunlit breakfast nook, creating an effortless flow ideal for both personal gatherings and grand entertaining. Appointed with custom cabinetry with crown molding, quartz countertops, a raised breakfast bar, pull-out drawer feature, recessed lighting, and premium stainless steel appliances, this kitchen is as functional as it is beautiful. Indoor-outdoor living is elevated by expansive sliding glass doors that open to a private screened pool retreat. The outdoor oasis features

Space Coast Context

🚀 Launch Viewing — Fair Views

39.1 mi from SLC-40

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

Aerospace Commute Guide
L3Harris7.8 mi~17 min
Northrop9.7 mi~22 min
Blue Origin33.6 mi~1h 15m
SpaceX34.3 mi~1h 16m
Lockheed34.4 mi~1h 17m
Boeing/KSC35.4 mi~1h 19m
KSC35.6 mi~1h 19m

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
  • 3/20/26
    Listed
    $470K
    $218/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
13.2% above median
Median comparable close: $415,000 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
97.8% of list price
At that rate, a competitive offer ≈ $459,492
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
0.46 acres (20,038 sqft)
Full Baths
2
Total Rooms
9
Garage
2 car
Pool
Yes
Days on Market
93
MLS Area
344 - NW Palm Bay

Schools

Elementary

Christa McAuliffe

Middle School

Central

High School

Heritage

Financial & Listing Details

Listed
Mar 20, 2026
Parcel #
28-36-34-25-01849.0-0003.00
$470K

Listing Agent (for property info)

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

Estimated Monthly Payment

$3,096/mo
Principal & interest
$2,476
Property taxes
$470
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $470K price — down payment shown: $93,980.

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# 1072492

Interested in this property?

Equal Housing Opportunity

MLS# 1072492 · 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.