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For SaleSingle Family Home
$334K
491 Carpenter Avenue NW, Palm Bay, FL 32907
Northwest Palm Bay neighborhood
Subdivision: Port Malabar Unit 14
4
Bedrooms
2
Bathrooms
1,885
Sq Ft
1993
Year Built
$177 /sqft

About This Property

Description from listing agent

Original owner pride shines in this solid 4-bedroom, 2-bath home with 1,885 sq ft of well-maintained living space in NW Palm Bay. Built to last with a metal roof and equipped with a whole-home generator this home keeps running when others don't. The powered, air-conditioned shed is a rare bonus, perfect for a workshop, studio, or extra storage. Tile floors throughout, 2-car garage, fully fenced yard, and storm shutters for added peace of mind. No HOA, no CDD. Don't sleep on this one original-owner homes with these upgrades at this price point don't last.

Space Coast Context

🚀 Launch Viewing — Fair Views

38.9 mi from SLC-40

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

Aerospace Commute Guide
L3Harris7.4 mi~16 min
Northrop9.3 mi~21 min
Blue Origin33.4 mi~1h 14m
SpaceX34.2 mi~1h 16m
Lockheed34.2 mi~1h 16m
Boeing/KSC35.3 mi~1h 19m
KSC35.6 mi~1h 19m

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
  • 7/1/26
    Price change
    $334K -0.4%
    $177/sqft
  • 6/14/26
    Price change
    $336K -0.1%
    $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

Based on 7 comparable sales in this area in the last 180 days.

Price vs. Comparable Sales
At market value
Median comparable close price: $325,000
Typical Offer Discount
98.6% of list price
At that rate, a competitive offer ≈ $329,376
Price Reductions
2 reductions
Originally listed at $335,500 · Cut $2,000 total
See & adjust the 7 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
0.24 acres (10,454 sqft)
Full Baths
2
Garage
2 car
Days on Market
52
MLS Area
344 - NW Palm Bay

Schools

Middle School

Central

High School

Heritage

Financial & Listing Details

Listed
May 25, 2026
Parcel #
28-36-35-Ey-00572.0-0025.00
$334K

Listing Agent (for property info)

E
Erica Peterson
Waterman Real Estate Inc.
321-326-0709
Call Listing Agent

Estimated Monthly Payment

$2,244/mo
Principal & interest
$1,760
Property taxes
$334
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $334K price — down payment shown: $66,800.

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# 1078207

Interested in this property?

Equal Housing Opportunity

MLS# 1078207 · Listing Broker: Waterman Real Estate Inc. · 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.