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For SaleSingle Family Home
$320K
501 Alminar Avenue SE, Palm Bay, FL 32909
Palm Bay - Turkey Creek Preserve neighborhood
Subdivision: Gulfport Key
3
Bedrooms
2
Bathrooms
1,425
Sq Ft
2022
Year Built
$224 /sqft

About This Property

Description from listing agent

NEWER HOME WITHOUT THE HASSLE OF BUILDING, featuring modern finishes, Energy efficiency, and peace of mind for years to come. Your open floor-plan home offers comfortable living spaces, a peaceful setting, sidewalks, streetlights & neighborhood dog park. Enjoy beautiful sunsets from the spacious picture window no-see-um screened lanai with fans. Take in views of rocket launches and local wildlife, including blue herons, roseate spoonbills & mockingbirds. Inside features include a large pantry, bright primary suite with large window, L-shaped walk-in closet, double vanity & walk-in shower. The kitchen offers Samsung appliances & tile backsplash. Additional features include hurricane shutters, hurricane-rated garage door, CITY WATER & SEWER, sprinkler system, doorbell camera, security system, corner lot, and room for a future fenced-in pool. Conveniently located near Publix, Turkey Creek Sanctuary, Aquatic Center, Liberty Park & 25-30 minutes to the beach. (Indian River MLS 299291)

Space Coast Context

🚀 Launch Viewing — Fair Views

40.7 mi from SLC-40

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

Aerospace Commute Guide
L3Harris8.5 mi~19 min
Northrop10.5 mi~23 min
Blue Origin34.8 mi~1h 18m
SpaceX35.9 mi~1h 20m
Lockheed35.9 mi~1h 20m
Boeing/KSC37.5 mi~1h 24m
KSC38 mi~1h 25m

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
  • 8/7/26
    Price change
    $320K -1.7%
    $224/sqft
  • 7/13/26
    Listed
    $325K
    $228/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
8.3% above median
Median comparable close: $295,000 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
101.7% of list price
At that rate, a competitive offer ≈ $324,843
Price Reductions
1 reduction
Originally listed at $325,000 · Cut $5,500 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
0.19 acres (8,276 sqft)
Full Baths
2
Garage
2 car
HOA Fee
$199.05/mo
Days on Market
44
MLS Area
343 - SE Palm Bay

Community & HOA

HOA

  • Name: Gulfport Homeowners' Association, Inc.
  • Fee: $199.05 / quarterly

Schools

Elementary

Columbia

Middle School

Southwest

High School

Bayside

Financial & Listing Details

Listed
Jul 14, 2026
Parcel #
29-37-08-75-00000.0-0062.00
$320K

Listing Agent (for property info)

J
Jill Townsend
Waterman Real Estate
321-290-2028
Call Listing Agent

Estimated Monthly Payment

$2,352/mo
Principal & interest
$1,683
Property taxes
$320
Insurance & HOA
$349

Based on a 6.90% rate, 30-year loan, and $320K price — down payment shown: $63,900.

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# 1082480

What's Nearby

schools
Columbia Elementary School
0.6 mi away
shopping
Circle K
0.9 mi away
restaurants
Henry's Cuban Cafe
0.9 mi away
coffee shops
Henry's Cuban Cafe
0.9 mi away
shopping
Bee Back Food Mart
0.9 mi away
government
Saint Johns River Water Management District: Palm Bay Service Center
1.1 mi away
schools
Eastern Florida State College
1.2 mi away
shopping
BP Shop
1.2 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1082480 · Listing Broker: Waterman 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.