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For SaleManufactured Home
$75K
2507 Chatham Way NE, Palm Bay, FL 32905
Palm Bay Waterfront neighborhood
Subdivision: Shire The First Addition
2
Bedrooms
1
Bathrooms
620
Sq Ft
1976
Year Built
$121 /sqft

About This Property

Description from listing agent

Owner financing or lease option available! Unique corner property with No HOA & No lot rent! 2 bed, 1 bath home with a carport, entry way screened in porch & a second screened in porch by the carport. City water & City Sewer! Ideally situated just minutes from Highway US 1 and the Indian River, this property provides convenient access to shopping, dining, parks, and waterfront activities. Easy drive to Interstate 95, while beach lovers are only a short trip from the beautiful beaches. Whether you're looking for a primary residence, seasonal getaway, or investment opportunity, this centrally located home offers comfort, convenience, and value.

Space Coast Context

🚀 Launch Viewing — Fair Views

35.5 mi from SLC-40

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

Aerospace Commute Guide
L3Harris4.2 mi~9 min
Northrop5.7 mi~13 min
Blue Origin29.3 mi~1h 5m
SpaceX30.6 mi~1h 8m
Lockheed30.6 mi~1h 8m
Boeing/KSC32.6 mi~1h 13m
KSC33.2 mi~1h 14m

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

Price history and market context for this listing.

Price Reductions
No reductions
Listed price has not changed since hitting the market
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
0.11 acres (4,792 sqft)
Full Baths
1
Days on Market
92
MLS Area
340 - NE Palm Bay

Schools

Middle School

Stone

High School

Palm Bay

Financial & Listing Details

Listed
May 29, 2026
Parcel #
28-37-14-03-00000.0-0052.00
$75K

Listing Agent (for property info)

J
Justin Luke
Blue Marlin Real Estate
321-543-7246
Call Listing Agent

Estimated Monthly Payment

$620/mo
Principal & interest
$395
Property taxes
$75
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $75K price — down payment shown: $14,990.

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# 1077062

What's Nearby

grocery
Bravo
1.0 mi away
schools
Stone Middle School
1.0 mi away
schools
Stone Middle School
1.0 mi away
government
Palm Bay Post Office
1.0 mi away
police
Melbourne Police Department
1.1 mi away
parks
Playground at Knecht Park
1.2 mi away
grocery
Thrifty Produce
1.3 mi away
schools
Palm Bay High School
1.4 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1077062 · 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.