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For SaleSingle Family Home
$400K
1098 Carthage Avenue NW, Palm Bay, FL 32907
Northwest Palm Bay neighborhood
Subdivision: Port Malabar Unit 42
3
Bedrooms
2
Bathrooms
2,108
Sq Ft
2026
Year Built
$190 /sqft

About This Property

Description from listing agent

Located in a Great location & NO HOA, this well-designed brand new home offers comfort, quality, and modern finishes throughout. Featuring 3 bedrooms PLUS an office / den or 4th bedroom option, 2 Full bathrooms, and a 2-car garage, the layout is both functional and inviting. A large 17 x 11 bonus room provides flexible space for a home office, playroom, or media room, while the formal dining room adds a touch of classic style.The heart of the home includes a bright great room with LED lighting on dimmers, flowing into a thoughtfully finished kitchen with level 2 soft-close cabinets, staggered uppers with crown molding, and quartz countertops with a large island / bar. Enjoy Stainless steel appliances including a range, dishwasher, built-in microwave, and a 25 cu ft side-by-side refrigerator.Throughout the home, Mohawk Level 2 Revwood plank flooring adds durability and warmth, with tile flooring in the bathrooms and laundry room.

Space Coast Context

🚀 Launch Viewing — Fair Views

37.8 mi from SLC-40

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

Aerospace Commute Guide
L3Harris6.4 mi~14 min
Northrop8.3 mi~18 min
Blue Origin32.3 mi~1h 12m
SpaceX33.1 mi~1h 14m
Lockheed33.2 mi~1h 14m
Boeing/KSC34.3 mi~1h 16m
KSC34.5 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
  • 8/19/26
    Price change
    $400K -1.2%
    $190/sqft
  • 7/1/26
    Price change
    $405K -2.4%
    $192/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 5 comparable sales in this area in the last 180 days.

Price vs. Comparable Sales
3.9% above median
Median comparable close: $385,000 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
100.2% of list price
At that rate, a competitive offer ≈ $400,877
Price Reductions
2 reductions
Originally listed at $404,900 · Cut $15,000 total
See & adjust the 5 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 (attached)
Days on Market
131
MLS Area
344 - NW Palm Bay

Schools

Elementary

Discovery

Middle School

Central

High School

Heritage

Financial & Listing Details

Listed
Apr 18, 2026
Parcel #
28-36-26-Kn-02001.0-0006.00
$400K

Listing Agent (for property info)

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

Estimated Monthly Payment

$2,657/mo
Principal & interest
$2,107
Property taxes
$400
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $400K price — down payment shown: $79,980.

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# 1075057

What's Nearby

fire stations
Palm Bay Fire Department Station 3
0.2 mi away
home improvement
True Value
0.3 mi away
schools
Discovery Elementary School
1.2 mi away
schools
Pineapple Cove Classical Academy at West Melbourne
1.4 mi away
fire stations
Palm Bay West Fire / Rescue Station 83
1.7 mi away
restaurants
Subway
1.8 mi away
grocery
Eli's West Indian Grocery
1.8 mi away
schools
Christa McAuliffe Elementary
1.9 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1075057 · 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.