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For SaleTownhouse
$305K
1311 Island Green Drive NE #B2-12, Palm Bay, FL 32905
Palm Bay Waterfront neighborhood
Subdivision: None
3
Bedrooms
2
Bathrooms
1,806
Sq Ft
1988
Year Built
$169 /sqft

About This Property

Description from listing agent

Located in the quiet, tree-lined community of Island Green Villas, this well-maintained single-story end unit offers privacy, space, and low-maintenance living. The open layout features a large kitchen with peninsula, breakfast nook, and a pass-through to the dining area, which flows into a spacious great room and oversized living area. Enjoy peaceful views year-round from the 21-foot enclosed porch with sliding glass doors. The primary suite includes a walk-in closet, jetted tub, separate shower, and dual vanities. Bedrooms 2 and 3 are generously sized, perfect for guests or a home office. Extras include in-unit laundry & assigned parking. Conveniently located near shopping, dining, Turkey Creek Sanctuary, the Indian River, Downtown Melbourne, area beaches, and I-95. This move-in ready home offers a rare opportunity in a desirable Palm Bay location!

Space Coast Context

🚀 Launch Viewing — Fair Views

37.6 mi from SLC-40

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

Aerospace Commute Guide
L3Harris5.4 mi~12 min
Northrop7.4 mi~16 min
Blue Origin31.7 mi~1h 11m
SpaceX32.8 mi~1h 13m
Lockheed32.8 mi~1h 13m
Boeing/KSC34.5 mi~1h 17m
KSC34.9 mi~1h 18m

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

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
0.07 acres (3,049 sqft)
Full Baths
2
Total Rooms
3
Garage
2 car
HOA Fee
$242/mo
Days on Market
280
MLS Area
340 - NE Palm Bay

Community & HOA

HOA

Schools

Elementary

Riviera

Middle School

Stone

High School

Palm Bay

Financial & Listing Details

Listed
Oct 17, 2025
Parcel #
28-37-28-00-00506.M-0000.00
$305K

Listing Agent (for property info)

H
Henry Clay Dearaujo
Coastal Life Properties LLC
321-794-4555
Call Listing Agent

Estimated Monthly Payment

$2,304/mo
Principal & interest
$1,607
Property taxes
$305
Insurance & HOA
$392

Based on a 6.90% rate, 30-year loan, and $305K price — down payment shown: $61,000.

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# 1059874

Interested in this property?

Equal Housing Opportunity

MLS# 1059874 · Listing Broker: Coastal Life Properties LLC · 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.