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For SaleSingle Family Home
$340K
1631 Palatka Road SE #16, Palm Bay, FL 32909
Palm Bay - Bayside Lakes neighborhood
Subdivision: Port Malabar Unit 16
4
Bedrooms
2
Bathrooms
1,801
Sq Ft
2025
Year Built
$189 /sqft

About This Property

Description from listing agent

Dream home with city water! Move-in Ready! Brand-new home perfectly blends elegance, comfort, and modern convenience. Designed with durable block and stucco construction, open floor plan features 4 bedrooms, 2 baths, and 1,801 sq. ft. of designed living space. Soaring 9'4'' ceilings throughout home create airy, spacious feel. Enjoy Florida outdoors with 6' x12' covered porch. Stylish 36'' white Shaker-style cabinets complement Ornamental White quartz countertops, adding touch of sophistication to the kitchen. Luxury vinyl plank flooring flows seamlessly throughout entire home, offering both durability and style. A stainless-steel appliance package is INCLUDED, featuring 24.3 cubic foot side-by-side refrigerator, built-in ice maker, 30'' freestanding smooth-top electric range, 1.6 cubic foot over-the-range microwave, dishwasher - everything needed for fully equipped kitchen! For added peace of mind, your purchase includes 2-10 Builder's Warranty. NOTE: Photos for example purposes only

Space Coast Context

🚀 Launch Viewing — Fair Views

41.9 mi from SLC-40

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

Aerospace Commute Guide
L3Harris9.8 mi~22 min
Northrop11.8 mi~26 min
Blue Origin35.9 mi~1h 20m
SpaceX37.1 mi~1h 23m
Lockheed37.1 mi~1h 23m
Boeing/KSC38.9 mi~1h 27m
KSC39.3 mi~1h 28m

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
  • 3/28/25
    Listed
    $340K
    $189/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
At market value
Median comparable close price: $349,500
Typical Offer Discount
99.1% of list price
At that rate, a competitive offer ≈ $336,938
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
Total Rooms
9
Garage
2 car
Days on Market
141
MLS Area
345 - SW Palm Bay

Schools

Elementary

Columbia

Middle School

Stone

High School

Bayside

Financial & Listing Details

Listed
Feb 4, 2026
Parcel #
29-37-16-Gp-00805.0-0025.00
$340K

Listing Agent (for property info)

A
Ann Richter
INB Realty LLC
407-484-6526
Call Listing Agent

Estimated Monthly Payment

$2,281/mo
Principal & interest
$1,791
Property taxes
$340
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $340K price — down payment shown: $67,998.

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# 1041590

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Equal Housing Opportunity

MLS# 1041590 · Listing Broker: INB 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.