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For SaleSingle Family Home
$230K
865 Bracken Terrace NE, Palm Bay, FL 32905
Palm Bay Waterfront neighborhood
Subdivision: Port Malabar Unit 59
2
Bedrooms
2
Bathrooms
953
Sq Ft
1989
Year Built
$241 /sqft

About This Property

Description from listing agent

Updated Coastal Charm with Low-Maintenance Living in Palm Bay. A wonderful community where comfort, convenience, and easy Florida living come together! Built in 1989 and offering just under 1,000 square feet of living space, this inviting home has been thoughtfully refreshed with a light, neutral coastal feel and is ready for its next owner. Step inside to discover a bright, open interior featuring vaulted ceilings, fresh neutral coastal-inspired paint, brand-new carpeting, and beautifully updated kitchen and bathrooms. The fully equipped kitchen features granite countertops, ample cabinetry, and all the essentials for everyday living and entertaining. The open living area feels spacious and welcoming, while sliding glass doors provide easy access to the screened-in porch--the perfect spot to enjoy your morning coffee, unwind at the end of the day, or take advantage of Florida's year-round outdoor lifestyle. Additional features include a single-car garage and the convenience of an HOA

Space Coast Context

🚀 Launch Viewing — Fair Views

37.6 mi from SLC-40

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

Aerospace Commute Guide
L3Harris5.6 mi~12 min
Northrop7.5 mi~17 min
Blue Origin31.5 mi~1h 10m
SpaceX32.7 mi~1h 13m
Lockheed32.7 mi~1h 13m
Boeing/KSC34.6 mi~1h 17m
KSC35.1 mi~1h 18m

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
  • 9/3/26
    Listed
    $230K
    $241/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 1 comparable sale in this area in the last 180 days.(limited data — interpret with caution)

Price vs. Comparable Sales
10.8% above median
Median comparable close: $207,500 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
88.3% of list price
At that rate, a competitive offer ≈ $202,998
Price Reductions
No reductions
Listed price has not changed since hitting the market
See & adjust the 1 comparable sale 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
0.09 acres (3,920 sqft)
Full Baths
2
Total Rooms
6
Garage
1 car
HOA Fee
$590/mo
Days on Market
1
MLS Area
340 - NE Palm Bay

Community & HOA

HOA

Schools

Middle School

Stone

High School

Palm Bay

Financial & Listing Details

Listed
Sep 3, 2026
Parcel #
28-37-27-No-03046.0-0002.00
$230K

Listing Agent (for property info)

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

Estimated Monthly Payment

$2,181/mo
Principal & interest
$1,211
Property taxes
$230
Insurance & HOA
$740

Based on a 6.90% rate, 30-year loan, and $230K price — down payment shown: $45,980.

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# 1086730

What's Nearby

government
VA Outpatient Clinic
0.5 mi away
pharmacies
Acquaviva's Pharmacy
0.6 mi away
grocery
Winn-Dixie
0.7 mi away
schools
Saint Joseph Catholic School
0.7 mi away
shopping
Circle K
0.8 mi away
restaurants
KFC
0.8 mi away
restaurants
Dunkin'
0.8 mi away
restaurants
Subway
0.8 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1086730 · 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.