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For SaleSingle Family Home
$225K
981 Palmer Street, Rockledge, FL 32955
Rockledge Waterfront neighborhood
Subdivision: Fairway Estates 1st Addn
4
Bedrooms
2
Bathrooms
1,718
Sq Ft
1963
Year Built
$131 /sqft

About This Property

Description from listing agent

''PRICE REDUCTION'' Great starter home or investment opportunity in Rockledge! This 4-bedroom, 2-bath home includes an additional bonus room--perfect for a home office, playroom, or flex space. Tray ceiling details and decorative archways add a modern touch to this classic 1960s home. Equipped with hurricane shutters for added peace of mind. The home offers more living space than reflected in tax records, including a spacious primary bedroom measuring approximately 23' x 12'. Conveniently located just minutes from shopping, dining, beaches, and I-95.

Space Coast Context

🚀 Launch Viewing — Great Views

18.5 mi from SLC-40

18.5 miles from SLC-40 — clear launch views from your yard or roof on most days.

Aerospace Commute Guide
KSC13.5 mi~30 min
Boeing/KSC13.8 mi~31 min
SpaceX14.7 mi~33 min
Lockheed15.1 mi~34 min
Blue Origin15.6 mi~35 min
Northrop16 mi~36 min
L3Harris17.6 mi~39 min

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
  • 12/15/25
    Listed
    $225K
    $131/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

Price history and market context for this listing.

Price Reductions
No reductions
Listed price has not changed since hitting the market
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
0.17 acres (7,405 sqft)
Full Baths
2
Garage
2 car (attached)
Days on Market
190
MLS Area
214 - Rockledge - West of US1

Schools

Elementary

Golfview

Middle School

McNair

High School

Rockledge

Financial & Listing Details

Listed
Dec 18, 2025
Parcel #
25-36-05-77-C-3
$225K

Listing Agent (for property info)

T
Thomas Edward Highsmith
HomeSmart Coastal Realty
321-704-2209
Call Listing Agent

Estimated Monthly Payment

$1,560/mo
Principal & interest
$1,185
Property taxes
$225
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $225K price — down payment shown: $45,000.

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# 1064548

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Equal Housing Opportunity

MLS# 1064548 · Listing Broker: HomeSmart Coastal Realty · 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.