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For SaleSingle Family Home
$400K
1284 Padgett Road SE, Palm Bay, FL 32909
Palm Bay - Bayside Lakes neighborhood
Subdivision: Port Malabar Unit 16
4
Bedrooms
2
Bathrooms
2,252
Sq Ft
2005
Year Built
$178 /sqft

About This Property

Description from listing agent

Welcome to this well-maintained 4-bedroom, 2-bath home in Palm Bay--no HOA! Built in 2005 and offering 2,252 sq. ft., this home sits on a generous .38-acre lot with a functional split floor plan and a 2-car garage. Major updates include a new roof and A/C (just 2 years old), giving peace of mind. Step outside to your screened-in lanai featuring a relaxing spa/hot tub, perfect for unwinding. A standout feature of the property is the impressive metal barn/workshop, built to 150-mph hurricane wind standards and featuring two overhead doors and RV electrical hookup, offering exceptional space for storage, hobbies, equipment, recreational vehicles, or additional workspace. An additional storage shed provides even more room for tools and toys.

Space Coast Context

🚀 Launch Viewing — Fair Views

41.3 mi from SLC-40

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

Aerospace Commute Guide
L3Harris9.1 mi~20 min
Northrop11.1 mi~25 min
Blue Origin35.3 mi~1h 19m
Lockheed36.4 mi~1h 21m
SpaceX36.5 mi~1h 21m
Boeing/KSC38.2 mi~1h 25m
KSC38.6 mi~1h 26m

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
  • 5/18/26
    Listed
    $400K
    $178/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 3 comparable sales in this area in the last 180 days.

Price vs. Comparable Sales
10.2% above median
Median comparable close: $363,000 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
100.2% of list price
At that rate, a competitive offer ≈ $400,931
Price Reductions
No reductions
Listed price has not changed since hitting the market
See & adjust the 3 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
0.38 acres (16,553 sqft)
Full Baths
2
Garage
2 car (attached)
Days on Market
82
MLS Area
343 - SE Palm Bay

Schools

Elementary

Columbia

Middle School

Stone

High School

Bayside

Financial & Listing Details

Listed
Jun 7, 2026
Parcel #
29-37-16-Gp-00771.0-0008.00
$400K

Listing Agent (for property info)

L
Lesley Byrd
Arium Real Estate, LLC
321-340-7062
Call Listing Agent

Estimated Monthly Payment

$2,658/mo
Principal & interest
$2,108
Property taxes
$400
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $400K price — down payment shown: $80,000.

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# 1077708

What's Nearby

schools
Columbia Elementary School
0.4 mi away
schools
Royal Palm Charter School
0.6 mi away
shopping
Chevron
1.0 mi away
home improvement
Ace Hardware
1.0 mi away
fire stations
Palm Bay Fire Department Station 4
1.0 mi away
shopping
BP Shop
1.1 mi away
shopping
Mr. K Food Store
1.2 mi away
schools
Odyssey Junior/Senior High
1.2 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1077708 · Listing Broker: Arium Real Estate, 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.