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For SaleSingle Family Home
$315K
1070 Lee Avenue NW, Palm Bay, FL 32907
Northwest Palm Bay neighborhood
Subdivision: Port Malabar Unit 42
3
Bedrooms
2
Bathrooms
1,895
Sq Ft
1985
Year Built
$166 /sqft

About This Property

Description from listing agent

NEW ROOF (2025) | MOVE-IN READY | NEARLY 1,900 SQ FT! Beautifully updated home offering flexible living space in a desirable NW Palm Bay location. Major improvements include a NEW roof (2025), new water heater (2024), and fresh exterior paint (2026) for added peace of mind. Inside, you'll find luxury vinyl flooring, a spacious remodeled kitchen, updated fixtures,smart home features, and an open layout perfect for everyday living. The large bonus room is ideal as a home office, game room, media room, or additional living space. Enjoy the fully fenced backyard with a fire pit, entertaining area, and an above-ground pool that can remain or be removed at the buyer's request. Conveniently located near shopping, dining, schools, and I-95, this move-in ready home offers comfort, versatility, and exceptional value!

Space Coast Context

🚀 Launch Viewing — Fair Views

38 mi from SLC-40

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

Aerospace Commute Guide
L3Harris6.7 mi~15 min
Northrop8.6 mi~19 min
Blue Origin32.5 mi~1h 12m
SpaceX33.3 mi~1h 14m
Lockheed33.4 mi~1h 14m
Boeing/KSC34.4 mi~1h 17m
KSC34.6 mi~1h 17m

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
    $315K -4.5%
    $166/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 7 comparable sales in this area in the last 180 days.

Price vs. Comparable Sales
At market value
Median comparable close price: $320,000
Typical Offer Discount
98.5% of list price
At that rate, a competitive offer ≈ $310,317
Price Reductions
1 reduction
Originally listed at $315,000 · Cut $15,000 total
See & adjust the 7 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
Pool
Yes
Days on Market
117
MLS Area
344 - NW Palm Bay

Schools

Elementary

Discovery

Middle School

Central

High School

Heritage

Financial & Listing Details

Listed
May 18, 2026
Parcel #
28-36-27-Kn-02125.0-0004.00
$315K

Listing Agent (for property info)

L
Laura Cunningham
Watson Realty Corp
252-617-2668
Call Listing Agent

Estimated Monthly Payment

$2,125/mo
Principal & interest
$1,660
Property taxes
$315
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $315K price — down payment shown: $63,000.

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# 1077597

What's Nearby

fire stations
Palm Bay Fire Department Station 3
0.5 mi away
home improvement
True Value
0.5 mi away
schools
Discovery Elementary School
0.9 mi away
schools
Pineapple Cove Classical Academy at West Melbourne
1.6 mi away
government
West Palm Bay Post Office
1.8 mi away
shopping
Circle K
1.8 mi away
dog parks
Fred Poppe Regional Dog Park
1.9 mi away
fire stations
Palm Bay West Fire / Rescue Station 83
2.0 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1077597 · Listing Broker: Watson Realty Corp · 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.