1 / 44
For SaleSingle Family Home
$565K
1551 La Maderia Drive, Palm Bay, FL 32908
Southwest Palm Bay neighborhood
Subdivision: Bridgewater at Bayside Lakes Ph 2
6
Bedrooms
5
Bathrooms
3,926
Sq Ft
2005
Year Built
$144 /sqft

About This Property

Description from listing agent

Welcome to this spacious lakefront home in the gated community of Bridgewater at Bayside Lakes, offering 3,926 square feet of beautifully updated living space with room for everyone. With six bedrooms, multiple gathering areas, and a functional layout designed for everyday living and entertaining, this home is ideal for those needing extra space and flexibility. The grand entry opens to a light-filled interior featuring updated ceramic tile throughout the main level and stunning hardwood floors upstairs in the loft and bedrooms. Thoughtful updates can be found throughout the home, including remodeled bathrooms highlighted by a beautifully updated primary suite with a rain shower, along with modern LED lighting, updated ceiling fans, and new blinds. The kitchen serves as the heart of the home with a massive center island, walk-in pantry, and updated stainless steel appliances, providing plenty of space for cooking, gathering, and entertaining.

Space Coast Context

🚀 Launch Viewing — Fair Views

42.1 mi from SLC-40

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

Aerospace Commute Guide
L3Harris10 mi~22 min
Northrop12 mi~27 min
Blue Origin36.3 mi~1h 21m
SpaceX37.3 mi~1h 23m
Lockheed37.3 mi~1h 23m
Boeing/KSC38.7 mi~1h 26m
KSC39 mi~1h 27m

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.

Offer Intelligence

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

Price vs. Comparable Sales
7.1% above median
Median comparable close: $527,500 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
96.1% of list price
At that rate, a competitive offer ≈ $542,873
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
0.22 acres (9,583 sqft)
Full Baths
4
Half Baths
1
Garage
3 car (attached)
HOA Fee
$153/mo
Waterfront
Yes
Days on Market
123
MLS Area
345 - SW Palm Bay

Community & HOA

HOA

  • Name: Bridgewater at Bayside
  • Fee: $153 / monthly

Schools

Elementary

Westside

Middle School

Southwest

High School

Bayside

Financial & Listing Details

Listed
Apr 29, 2026
$565K

Listing Agent (for property info)

L
Luis E. Rojas
Redfin Corp.
321-334-9913
Call Listing Agent

Estimated Monthly Payment

$3,845/mo
Principal & interest
$2,977
Property taxes
$565
Insurance & HOA
$303

Based on a 6.90% rate, 30-year loan, and $565K price — down payment shown: $113,000.

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# 1075916

What's Nearby

schools
Bayside High School
0.7 mi away
schools
Westside Elementary School
1.1 mi away
schools
Odyssey Charter School
1.2 mi away
pharmacies
Bayside Lakes Family Pharmacy
1.2 mi away
grocery
Publix
1.2 mi away
restaurants
Dunkin'
1.3 mi away
gas stations
Mobil
1.3 mi away
restaurants
Domino's
1.3 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1075916 · 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.