1 / 33
For SaleSingle Family Home
$365K
262 Alamere Drive SW, Palm Bay, FL 32908
Northwest Palm Bay neighborhood
Subdivision: The Falls
5
Bedrooms
3
Bathrooms
2,674
Sq Ft
2017
Year Built
$136 /sqft

About This Property

Description from listing agent

Bold & Spacious Living Awaits Offering 5 bedrooms, 3 full baths & an upstairs flex room, this back corner lot home blends modern flow with functional design. The open kitchen stands out with espresso cabinetry, bright counters, stainless appliances, central island & walk-in pantry, connecting seamlessly to dining & living areas. A first-floor bedroom & full bath provide ideal space for guests or multi-gen living. Upstairs, the primary suite impresses with dual sinks, walk-in shower & dual walk-in closets, complemented by 3 additional bedrooms, full bath with double vanity & a versatile flex space ready for movie nights, workouts or play. Tile & carpet flooring run throughout, while the laundry is smartly positioned upstairs. Outdoor living features a welcoming covered front porch, rear patio & expansive backyard offering both privacy & potential for a pool, garden or open lawn. A two-car garage completes the picture, delivering the space, versatility & lifestyle today's buyers demand.

Space Coast Context

🚀 Launch Viewing — Fair Views

39.7 mi from SLC-40

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

Aerospace Commute Guide
L3Harris7.8 mi~17 min
Northrop9.8 mi~22 min
Blue Origin34.1 mi~1h 16m
SpaceX34.9 mi~1h 18m
Lockheed35 mi~1h 18m
Boeing/KSC36.3 mi~1h 21m
KSC36.5 mi~1h 21m

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
  • 9/8/25
    Listed
    $365K
    $136/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
4.6% below market
Median comparable close price: $382,500
Typical Offer Discount
101.0% of list price
At that rate, a competitive offer ≈ $368,649
Price Reductions
No reductions
Listed price has not changed since hitting the market
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
0.16 acres (6,970 sqft)
Full Baths
3
Garage
2 car (attached)
HOA Fee
$175/mo
Days on Market
286
MLS Area
345 - SW Palm Bay

Community & HOA

HOA

  • Name: The Falls of Palm Bay HOA
  • Fee: $175 / quarterly

Schools

Elementary

Jupiter

Middle School

Southwest

High School

Heritage

Financial & Listing Details

Listed
Sep 12, 2025
Parcel #
29-36-01-27-00000.0-0034.00
$365K

Listing Agent (for property info)

S
Shannon Lynch
Compass Florida, LLC
321-795-7406
Call Listing Agent

Estimated Monthly Payment

$2,613/mo
Principal & interest
$1,923
Property taxes
$365
Insurance & HOA
$325

Based on a 6.90% rate, 30-year loan, and $365K price — down payment shown: $73,000.

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# 1057082

Interested in this property?

Equal Housing Opportunity

MLS# 1057082 · Listing Broker: Compass Florida, 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.