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For SaleManufactured Home
$160K
2539 Chatham Way NE, Palm Bay, FL 32905
Palm Bay Waterfront neighborhood
Subdivision: Palm Bay Estates Mobile Home Park Co/Op of Tropic
2
Bedrooms
2
Bathrooms
960
Sq Ft
1980
Year Built
$167 /sqft

About This Property

Description from listing agent

Forget the monthly dues and restrictive rules--here, you truly own your slice of the Florida dream. This sprawling 2-bedroom, 2-bath home sits on its own land with zero HOA fees, giving you total freedom just minutes from the Indian River and Melbourne's sandy beaches. Inside, the fresh vinyl plank flooring create an airy, open vibe (and yes, it's completely carpet-free!). The kitchen is a bright standout with crisp white cabinetry and a built-in buffet that makes hosting weekend brunches a breeze. Need space for hobbies? You've got two oversized utility rooms, a fully fenced yard, and a massive enclosed Florida room perfect for afternoon lounging. Whether you're headed to downtown Melbourne or commuting to Harris, everything is right at your fingertips.

Space Coast Context

🚀 Launch Viewing — Fair Views

35.5 mi from SLC-40

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

Aerospace Commute Guide
L3Harris4.2 mi~9 min
Northrop5.7 mi~13 min
Blue Origin29.3 mi~1h 5m
SpaceX30.6 mi~1h 8m
Lockheed30.6 mi~1h 8m
Boeing/KSC32.7 mi~1h 13m
KSC33.3 mi~1h 14m

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.

Offer Intelligence

Based on 1 comparable sale in this area in the last 180 days.(limited data — interpret with caution)

Price vs. Comparable Sales
30.1% above median
Median comparable close: $123,000 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
94.7% of list price
At that rate, a competitive offer ≈ $151,501
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
0.1 acres (4,356 sqft)
Full Baths
2
Total Rooms
3
Days on Market
7
MLS Area
344 - NW Palm Bay

Schools

Elementary

Palm Bay Elem

Middle School

Stone

High School

Palm Bay

Financial & Listing Details

Listed
Aug 19, 2026
Parcel #
28-37-14-03-00000.0-0060.00
$160K

Listing Agent (for property info)

T
Terra Alease Lillis
Redfin Corp.
689-322-2732
Call Listing Agent

Estimated Monthly Payment

$1,153/mo
Principal & interest
$843
Property taxes
$160
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $160K price — down payment shown: $32,000.

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# 1070555

What's Nearby

grocery
Bravo
1.0 mi away
schools
Stone Middle School
1.0 mi away
schools
Stone Middle School
1.1 mi away
police
Melbourne Police Department
1.1 mi away
government
Palm Bay Post Office
1.1 mi away
parks
Playground at Knecht Park
1.2 mi away
grocery
Thrifty Produce
1.3 mi away
schools
Palm Bay Elementary
1.4 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1070555 · Listing Broker: Redfin 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.