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For SaleSingle Family Home
$270K
1012 Thompson Road SW, Palm Bay, FL 32908
Southwest Palm Bay neighborhood
Subdivision: Port Malabar Unit 20
3
Bedrooms
2
Bathrooms
1,257
Sq Ft
2007
Year Built
$215 /sqft

About This Property

Description from listing agent

PRICED TO MOVE! MOTIVATED SELLERS!! Don't miss out on this beautifully updated and lovingly maintained 3 bed 2 bath split floor plan block home. Close to shopping and Heritage parkway for an easy commute north. This home was completely updated inside with tile throughout, stainless steel appliances in the kitchen, granite countertops and soft close drawers in the kitchen and both bathrooms. Other updates include NEW hot water heater and water treatment system in 2022. NEW HVAC in April 2023, ROOF in August 2023, freshly painted exterior and septic pumped in February 2025. This home also features a fully fenced in yard, a brand new 8x10 shed, 24x16 paver patio and large gate on the side with enough room to park a boat, camper or any of your other toys! You have to see this one for yourself before it's gone!

Space Coast Context

🚀 Launch Viewing — Fair Views

40.1 mi from SLC-40

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

Aerospace Commute Guide
L3Harris8.4 mi~19 min
Northrop10.4 mi~23 min
Blue Origin34.6 mi~1h 17m
SpaceX35.4 mi~1h 19m
Lockheed35.4 mi~1h 19m
Boeing/KSC36.6 mi~1h 22m
KSC36.8 mi~1h 22m

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
  • 8/21/26
    Price change
    $270K -3.6%
    $215/sqft
  • 8/12/26
    Listed
    $280K
    $223/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
At market value
Median comparable close price: $270,000
Typical Offer Discount
96.7% of list price
At that rate, a competitive offer ≈ $261,020
Price Reductions
1 reduction
Originally listed at $279,900 · Cut $10,000 total
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
0.24 acres (10,454 sqft)
Full Baths
2
Garage
2 car
Days on Market
15
MLS Area
345 - SW Palm Bay

Schools

Elementary

Jupiter

Middle School

Central

High School

Heritage

Financial & Listing Details

Listed
Aug 12, 2026
Parcel #
29-36-02-Gi-00988.0-0027.00
$270K

Listing Agent (for property info)

L
Laura Hall Helms
Blue Marlin Real Estate
321-298-1221
Call Listing Agent

Estimated Monthly Payment

$1,842/mo
Principal & interest
$1,422
Property taxes
$270
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $270K price — down payment shown: $53,980.

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# 1084815

What's Nearby

schools
Jupiter Elementary School
0.4 mi away
government
West Palm Bay Post Office
0.4 mi away
shopping
Circle K
0.5 mi away
shopping
BP Shop
0.7 mi away
movie theaters
NCG Cimena
1.5 mi away
grocery
Winn-Dixie
1.5 mi away
restaurants
Little Caesars
1.6 mi away
restaurants
McDonald's
1.7 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1084815 · Listing Broker: Blue Marlin Real Estate · 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.