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For SaleSingle Family Home
$635K
8605 Lake Ridge Drive, Palm Bay, FL 32909
Palm Bay - St. Johns Heritage Parkway neighborhood
Subdivision: Lake Ridge
4
Bedrooms
3
Bathrooms
2,908
Sq Ft
2004
Year Built
$218 /sqft

About This Property

Description from listing agent

Welcome home to this Florida-style single-family residence offering the perfect blend of spacious living, modern updates, and peaceful country charm. Situated on 1.32 acres in a highly desirable neighborhood with low HOA fees, this 4-bedroom, 2.5-bath home provides the privacy you crave while remaining just minutes from shopping, dining, and everyday conveniences. Designed with an open floor plan, this home is ideal for both entertaining and everyday living. The expansive kitchen is the heart of the home, featuring gorgeous granite countertops, abundant cabinetry, and plenty of workspace for preparing meals and gathering with family and friends. The thoughtfully designed split-bedroom layout offers flexibility to fit your lifestyle. The spacious primary suite is a private retreat featuring his-and-hers walk-in closets, dual vanities, and a relaxing jetted tub.

Space Coast Context

🚀 Launch Viewing — Fair Views

44.2 mi from SLC-40

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

Aerospace Commute Guide
L3Harris12.2 mi~27 min
Northrop14.1 mi~31 min
Blue Origin38.1 mi~1h 25m
SpaceX39.3 mi~1h 28m
Lockheed39.3 mi~1h 28m
Boeing/KSC41.2 mi~1h 32m
KSC41.7 mi~1h 33m

Estimates only — verify with Google Maps.

Flood Risk

Zone AE — High Risk

Special Flood Hazard Area (1% annual chance). Flood insurance is federally required for mortgages.

Estimated flood insurance: $2,000 – $6,000+ / 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
  • 8/3/26
    Listed
    $635K
    $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 3 comparable sales in this area in the last 180 days.

Price vs. Comparable Sales
15.9% above median
Median comparable close: $548,000 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
96.8% of list price
At that rate, a competitive offer ≈ $614,429
Price Reductions
No reductions
Listed price has not changed since hitting the market
See & adjust the 3 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
1.32 acres (57,499 sqft)
Full Baths
2
Half Baths
1
Garage
3 car
HOA Fee
$500/mo
Pool
Yes
Days on Market
8
MLS Area
342 - Malabar/Grant-Valkaria

Community & HOA

HOA

  • Name: Lake Ridge Subdivision Homeowners Association Inc.
  • Fee: $500 / annually

Schools

Elementary

Sunrise

Middle School

Southwest

High School

Bayside

Financial & Listing Details

Listed
Aug 18, 2026
Parcel #
29-37-34-00-00024.0-0000.00
$635K

Listing Agent (for property info)

L
Laura Marie Shonkwiler
Compass Florida LLC
321-243-8913
Call Listing Agent

Estimated Monthly Payment

$4,631/mo
Principal & interest
$3,346
Property taxes
$635
Insurance & HOA
$650

Based on a 6.90% rate, 30-year loan, and $635K price — down payment shown: $127,000.

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# 1084070

What's Nearby

schools
Sunrise Elementary School
1.3 mi away
schools
Odyssey Junior/Senior High
2.1 mi away
schools
Odyssey Prep Academy
2.1 mi away
fire stations
Palm Bay Fire Department Station 4
2.1 mi away
shopping
Chevron
2.2 mi away
government
Grant-Valkaria Town Hall
2.3 mi away
parks
Grant-Valkaria Playground
2.4 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1084070 · Listing Broker: Compass Florida LLC · 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.