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For SaleSingle Family Home
$309K
717 Gelaso Street SW, Palm Bay, FL 32908
Southwest Palm Bay neighborhood
Subdivision: Port Malabar Unit 37
3
Bedrooms
2
Bathrooms
1,549
Sq Ft
2022
Year Built
$199 /sqft

About This Property

Description from listing agent

Built in 2022, this CONCRETE BLOCK home is only 4 years old and ENTIRELY FENCED in. Got dogs? Want to AIRBNB? There is NO HOA and NO DEED RESTRICTIONS. Situated on a spacious 0.23 ACRE lot, this ''like new'' home has 3 bedrooms and 2 baths, split, and a large living space in an OPEN FLOOR PLAN. Do you have allergies, asthma, or hate dust? The HVAC system has an ULTRAVIOLET AIR PURIFIER to remove allergens, pet dander, airborne pathogens, and dust particles from the air for EXCELLENT INDOOR AIR QUALITY. Other features include a $2,600 WATER TREATMENT SYSTEM, a 13-foot breakfast bar, double pane LOW-E windows, R-30 insulation, 5 1/4-inch base boards, Taexx in-wall pest defense system, double vanities in the primary bathroom, Moen fixtures, and pull-down stairs for attic access. This beautiful home is close to shopping, churches, and restaurants. It is NOT IN A FLOOD ZONE. This is a great choice!

Space Coast Context

🚀 Launch Viewing — Fair Views

41 mi from SLC-40

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

Aerospace Commute Guide
L3Harris9.1 mi~20 min
Northrop11 mi~25 min
Blue Origin35.3 mi~1h 19m
SpaceX36.2 mi~1h 21m
Lockheed36.3 mi~1h 21m
Boeing/KSC37.5 mi~1h 24m
KSC37.8 mi~1h 24m

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
  • 7/9/26
    Price change
    $309K -1.9%
    $199/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 4 comparable sales in this area in the last 180 days.

Price vs. Comparable Sales
7.5% above median
Median comparable close: $287,410 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
98.9% of list price
At that rate, a competitive offer ≈ $305,731
Price Reductions
1 reduction
Originally listed at $309,000 · Cut $6,000 total
See & adjust the 4 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
Garage
2 car (attached)
Days on Market
75
MLS Area
345 - SW Palm Bay

Schools

Elementary

Jupiter

Middle School

Central

High School

Heritage

Financial & Listing Details

Listed
May 11, 2026
Parcel #
29-36-11-Kh-01652.0-0044.00
$309K

Listing Agent (for property info)

J
Jessica H. Lagios
One Sotheby's International
321-684-2878
Call Listing Agent

Estimated Monthly Payment

$2,087/mo
Principal & interest
$1,628
Property taxes
$309
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $309K price — down payment shown: $61,800.

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# 1077004

Interested in this property?

Equal Housing Opportunity

MLS# 1077004 · Listing Broker: One Sotheby's International · 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.