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For SaleSingle Family Home
$340K
1085 Tahiti Avenue SE, Palm Bay, FL 32909
Palm Bay - Bayside Lakes neighborhood
Subdivision: Port Malabar Unit 15
4
Bedrooms
2
Bathrooms
1,620
Sq Ft
2026
Year Built
$210 /sqft

About This Property

Description from listing agent

New Construction Opportunity on a corner lot. An exceptional opportunity to build your dream home on a desired corner lot in Palm Bay. Offered exclusively as a lot + construction package, this proposed home features 4 bedrooms, 2 bathrooms, and approximately 1620sqft of living space. Designed with modern living in mind, the open-concept layout offers spacious gathering areas, a well-appointed kitchen, and split floor plan. Buyers may select from multiple carefully crafted floor plans or collaborate with the builder to create a fully custom home tailored to their vision and lifestyle. Ideally located near shopping, dining, schools, and major roadways. Rendering and interior photos are from a previously constructed home by the same builder and are provided for marketing and demonstration purposes only. Floor plan, elevations finishes, materials, and features may vary - final specifications will be defined in the construction agreement

Space Coast Context

🚀 Launch Viewing — Fair Views

40.9 mi from SLC-40

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

Aerospace Commute Guide
L3Harris8.7 mi~19 min
Northrop10.7 mi~24 min
Blue Origin34.9 mi~1h 18m
SpaceX36.1 mi~1h 20m
Lockheed36.1 mi~1h 20m
Boeing/KSC37.8 mi~1h 24m
KSC38.2 mi~1h 25m

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 21 comparable sales in this area in the last 180 days.

Price vs. Comparable Sales
At market value
Median comparable close price: $336,500
Typical Offer Discount
98.6% of list price
At that rate, a competitive offer ≈ $335,106
Price Reductions
No reductions
Listed price has not changed since hitting the market
See & adjust the 21 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
0.26 acres (11,326 sqft)
Full Baths
2
Total Rooms
1
Garage
2 car
Days on Market
137
MLS Area
343 - SE Palm Bay

Schools

Elementary

Columbia

Middle School

Southwest

High School

Bayside

Financial & Listing Details

Listed
Mar 4, 2026
Parcel #
29-37-09-Go-693-16
$340K

Listing Agent (for property info)

J
Jelena Petrovic
Exit Right Realty
772-538-7183
Call Listing Agent

Estimated Monthly Payment

$2,281/mo
Principal & interest
$1,791
Property taxes
$340
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $340K price — down payment shown: $67,980.

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# 1070940

Interested in this property?

Equal Housing Opportunity

MLS# 1070940 · Listing Broker: Exit Right 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.