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For SaleSingle Family Home
$297K
1148 Malone Street NW, Palm Bay, FL 32907
Northwest Palm Bay neighborhood
Subdivision: Port Malabar Unit 42
3
Bedrooms
2
Bathrooms
1,464
Sq Ft
1993
Year Built
$203 /sqft

About This Property

Description from listing agent

SELLER OFFERS UP TO $15,000 FOR BUYER'S CLOSING COSTS AND/OR UPGRADES! Solid home in a nice neighborhood offering a warm, inviting great-room layout, split floor plan, and tile and wood floors throughout for easy maintenance. The property sits high and dry on a 0.23-acre gardener's paradise filled with mature tropical fruit trees, creating a peaceful outdoor retreat. Recent upgrades include a new water heater (2023), new heat-pump A/C (2023), and new garage door opener (2025). The kitchen features granite countertops along with a new dishwasher and range hood (2026). Hurricane shutters add peace of mind and insurance savings. With 1,464 sq ft under air, the home also includes a fenced yard, tranquil 18×10 screened porch, large storage shed, CITY WATER, NO HOA, and an extended driveway ideal for extra parking or guests. Conveniently located near St. John's Heritage Parkway, I-95, restaurants, and shopping. Dial or text for more inforamtion or to schedule a private showing!

Space Coast Context

🚀 Launch Viewing — Fair Views

38.4 mi from SLC-40

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

Aerospace Commute Guide
L3Harris7 mi~16 min
Northrop8.9 mi~20 min
Blue Origin32.9 mi~1h 13m
SpaceX33.7 mi~1h 15m
Lockheed33.8 mi~1h 15m
Boeing/KSC34.8 mi~1h 18m
KSC35 mi~1h 18m

Estimates only — verify with Google Maps.

Flood Risk

Flood zone data not yet available for this listing. Check FEMA Flood Map

Source: FEMA National Flood Hazard Layer. Insurance estimates are ranges only — get a quote for accurate pricing.

Price History

Date
Event
Price
  • 4/23/26
    Listed
    $297K
    $203/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 6 comparable sales in this area in the last 180 days.

Price vs. Comparable Sales
6.1% above median
Median comparable close: $280,000 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
97.2% of list price
At that rate, a competitive offer ≈ $288,545
Price Reductions
No reductions
Listed price has not changed since hitting the market
See & adjust the 6 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
0.23 acres (10,019 sqft)
Full Baths
2
Garage
2 car (attached)
Days on Market
60
MLS Area
344 - NW Palm Bay

Schools

Middle School

Central

High School

Heritage

Financial & Listing Details

Listed
Apr 23, 2026
Parcel #
28-36-26-Kn-02150.0-0013.00
$297K

Listing Agent (for property info)

S
Shirley Weems
Waterman Real Estate, Inc.
321-900-9900
Call Listing Agent

Estimated Monthly Payment

$2,012/mo
Principal & interest
$1,565
Property taxes
$297
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $297K price — down payment shown: $59,400.

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# 1075460

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Equal Housing Opportunity

MLS# 1075460 · Listing Broker: Waterman Real Estate, Inc. · 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.