1 / 7
For SaleLand / Lot
$225K
159 Deer Run Road, Palm Bay, FL 32909
Palm Bay - St. Johns Heritage Parkway neighborhood
Subdivision: Deer Run
0
Bathrooms

About This Property

Description from listing agent

This beautiful 2.51-acre lot is located in the desirable Deer Run community, offering a peaceful and private setting surrounded by nature. Ideally positioned near the community entrance, this property provides convenient access while maintaining the tranquility and spaciousness of a larger homesite. According to the National Wetlands Inventory, no wetlands are identified on the property. Buyers are encouraged to conduct their own due diligence. Bring your vision and create the home you've always dreamed of in this beautiful natural setting!

Space Coast Context

🚀 Launch Viewing — Fair Views

48.1 mi from SLC-40

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

Aerospace Commute Guide
L3Harris16 mi~36 min
Northrop18 mi~40 min
Blue Origin42 mi~1h 34m
Lockheed43.2 mi~1h 36m
SpaceX43.3 mi~1h 36m
Boeing/KSC45 mi~1h 40m
KSC45.5 mi~1h 41m

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
  • 9/2/26
    Listed
    $225K

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
9.8% above median
Median comparable close: $205,000 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
88.7% of list price
At that rate, a competitive offer ≈ $199,575
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
2.51 acres (109,336 sqft)
HOA Fee
$230/mo
Days on Market
1
MLS Area
345 - SW Palm Bay

Community & HOA

HOA

Schools

Elementary

Sunrise

Middle School

Southwest

High School

Bayside

Financial & Listing Details

Listed
Sep 4, 2026
Parcel #
30-37-16-Mf-0000a.0-0018.00
$225K

Listing Agent (for property info)

L
Laura Cerpa
Waterman Real Estate, Inc.
407-591-1648
Call Listing Agent

Estimated Monthly Payment

$1,790/mo
Principal & interest
$1,185
Property taxes
$225
Insurance & HOA
$380

Based on a 6.90% rate, 30-year loan, and $225K price — down payment shown: $45,000.

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# 1086846

What's Nearby

schools
Sunrise Elementary School
2.8 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1086846 · 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.