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For SaleSingle Family Home
$493K
321 Allison Drive, Palm Bay, FL 32908
Southwest Palm Bay neighborhood
Subdivision: Malabar Lakes W Subdivision Phase 1A
5
Bedrooms
3
Bathrooms
2,763
Sq Ft
2004
Year Built
$178 /sqft

About This Property

Description from listing agent

Malabar Lakes West .52-Acre Pool Home with Space to Gather, Room to Grow, Freedom to Live. Some homes simply check boxes. This one creates a lifestyle. Situated on a fully fenced .52-acre homesite in desirable Malabar Lakes West, this spacious 5-bedroom, 3-bath pool home blends comfort, flexibility, and outdoor living into one exceptional property. Whether you're hosting holidays, accommodating extended family, working from home, or simply craving more space and privacy, this home was designed to adapt to the way you live. Inside, you'll find multiple living and dining areas, soaring ceilings, crown molding, ceiling fans throughout, and fresh professional interior paint in Sherwin-Williams Marshmallow. A sought-after first-floor bedroom and full bath creates the perfect setup for guests, in-laws, a home office, or multi-generational living. The kitchen serves as the heart of the home, offering granite countertops, freshly painted cabinetry, pantry storage, a breakfast nook, and an

Space Coast Context

🚀 Launch Viewing — Fair Views

40.3 mi from SLC-40

40.3 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 Origin34.9 mi~1h 18m
SpaceX35.6 mi~1h 19m
Lockheed35.7 mi~1h 20m
Boeing/KSC36.6 mi~1h 22m
KSC36.7 mi~1h 22m

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
  • 6/10/26
    Price change
    $493K -1.2%
    $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

Price history and market context for this listing.

Price Reductions
1 reduction
Originally listed at $493,000 · Cut $6,000 total
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
0.52 acres (22,651 sqft)
Full Baths
3
Total Rooms
11
Garage
2 car (attached)
HOA Fee
$450/mo
Pool
Yes
Days on Market
93
MLS Area
345 - SW Palm Bay

Community & HOA

HOA

  • Name: Malabar Lakes West
  • Fee: $450 / annually

Schools

Elementary

Jupiter

Middle School

Central

High School

Heritage

Financial & Listing Details

Listed
May 29, 2026
Parcel #
29-36-04-01-0000a.0-0002.00
$493K

Listing Agent (for property info)

D
Dahlia Marianna Gotzmann
Atlantic Key Realty group
772-643-7989
Call Listing Agent

Estimated Monthly Payment

$3,691/mo
Principal & interest
$2,598
Property taxes
$493
Insurance & HOA
$600

Based on a 6.90% rate, 30-year loan, and $493K price — down payment shown: $98,600.

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# 1078535

What's Nearby

restaurants
McDonald's
0.9 mi away
grocery
Publix
1.0 mi away
restaurants
Softball Snacks
1.0 mi away
schools
Heritage High School
1.3 mi away
dog parks
Fred Poppe Regional Dog Park
1.3 mi away
government
West Palm Bay Post Office
1.7 mi away
schools
Jupiter Elementary School
1.8 mi away
shopping
Circle K
1.8 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1078535 · Listing Broker: Atlantic Key Realty group · 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.