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For SaleSingle Family Home
$275K
523 Karney Avenue NE, Palm Bay, FL 32907
Southeast Palm Bay neighborhood
Subdivision: Port Malabar Unit 6
3
Bedrooms
2
Bathrooms
1,272
Sq Ft
1981
Year Built
$216 /sqft

About This Property

Description from listing agent

Well-maintained 3-bedroom, 2-bath home situated on a spacious 0.26-acre lot in the heart of Palm Bay. This move-in ready property offers a functional floor plan, comfortable living areas, and a large backyard with plenty of room for entertaining, pets, or future improvements. Major updates include a NEW ROOF (2023) with transferable warranty, NEW A/C (2026), exterior paint completed approximately three years ago, and additional attic insulation for improved energy efficiency. Water heater replaced in 2016 .The property also features an electrically powered storage shed, hurricane shutters stored in the shed, and a riding lawn mower and wagon that conveys with the sale. Conveniently located near schools, shopping, dining, parks, and major roadways with easy access throughout Brevard County. No HOA! Whether you're a first-time homebuyer, downsizing, or seeking an investment opportunity, this property offers exceptional value. Schedule your private showing today!

Space Coast Context

🚀 Launch Viewing — Fair Views

38.2 mi from SLC-40

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

Aerospace Commute Guide
L3Harris6.3 mi~14 min
Northrop8.2 mi~18 min
Blue Origin32.2 mi~1h 12m
SpaceX33.4 mi~1h 14m
Lockheed33.4 mi~1h 14m
Boeing/KSC35.3 mi~1h 19m
KSC35.8 mi~1h 20m

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
  • 6/24/26
    Listed
    $275K
    $216/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
11.8% above median
Median comparable close: $246,000 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
99.8% of list price
At that rate, a competitive offer ≈ $274,397
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
0.26 acres (11,326 sqft)
Full Baths
2
Garage
2 car (attached)
Days on Market
3
MLS Area
340 - NE Palm Bay

Schools

Elementary

Port Malabar

Middle School

Stone

High School

Palm Bay

Financial & Listing Details

Listed
Jun 25, 2026
Parcel #
28-37-34-Ft-00117.0-0007.00
$275K

Listing Agent (for property info)

E
Edwin Normandia
EXP Realty, LLC
321-749-3545
Call Listing Agent

Estimated Monthly Payment

$1,874/mo
Principal & interest
$1,449
Property taxes
$275
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $275K price — down payment shown: $55,000.

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# 1080959

Interested in this property?

Equal Housing Opportunity

MLS# 1080959 · Listing Broker: EXP Realty, 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.