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For SaleSingle Family Home
$360K
1204 Captiva Island Circle SW, Palm Bay, FL 32908
Northwest Palm Bay neighborhood
Subdivision: Sanibel Cove
3
Bedrooms
2
Bathrooms
1,800
Sq Ft
2025
Year Built
$200 /sqft

About This Property

Description from listing agent

Experience effortless Florida living in this brand-new, move-in ready residence located in the exclusive Sanibel Cove community in Palm Bay--an intimate enclave with only 50 homesites designed for privacy and charm. With $1,000 down and closing cost incentives available through the preferred lender, this exceptional home offers both luxury and value with an express close opportunity. Thoughtfully designed with an open-concept floor plan, this stunning 3-bedroom, 2-bath home with a 2-car garage seamlessly blends comfort and sophistication. The expansive family and dining areas flow beautifully into the gourmet kitchen, creating an ideal setting for entertaining and everyday living. At the heart of the home, the kitchen features a large quartz island with breakfast bar seating, designer cabinetry with crown molding, soft-close drawers, and a full suite of premium appliances. Elegant luxury vinyl plank flooring spans the main living areas, complemented by tile in the bathrooms and

Space Coast Context

🚀 Launch Viewing — Fair Views

40 mi from SLC-40

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

Aerospace Commute Guide
L3Harris8.4 mi~19 min
Northrop10.3 mi~23 min
Blue Origin34.5 mi~1h 17m
SpaceX35.2 mi~1h 18m
Lockheed35.3 mi~1h 19m
Boeing/KSC36.4 mi~1h 21m
KSC36.6 mi~1h 22m

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
  • 3/12/26
    Listed
    $360K
    $200/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 10 comparable sales in this area in the last 180 days.

Price vs. Comparable Sales
7.4% above median
Median comparable close: $335,000 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
98.8% of list price
At that rate, a competitive offer ≈ $355,644
Price Reductions
No reductions
Listed price has not changed since hitting the market
See & adjust the 10 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
Total Rooms
6
Garage
2 car (attached)
HOA Fee
$728/mo
Days on Market
101
MLS Area
345 - SW Palm Bay

Community & HOA

HOA

Schools

Elementary

Jupiter

Middle School

Central

High School

Heritage

Financial & Listing Details

Listed
Mar 12, 2026
Parcel #
29-36-03-Xz-00000.0-0029.00
$360K

Listing Agent (for property info)

V
Vera L Koon
Waterman Real Estate, Inc.
321-302-9588
Call Listing Agent

Estimated Monthly Payment

$3,134/mo
Principal & interest
$1,896
Property taxes
$360
Insurance & HOA
$878

Based on a 6.90% rate, 30-year loan, and $360K price — down payment shown: $71,980.

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# 1071735

Interested in this property?

Equal Housing Opportunity

MLS# 1071735 · 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.