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For SaleSingle Family Home
$340K
1485 Rila Street SE, Palm Bay, FL 32909
Palm Bay - St. Johns Heritage Parkway neighborhood
Subdivision: Port Malabar Unit 46
3
Bedrooms
2
Bathrooms
2,020
Sq Ft
2002
Year Built
$168 /sqft

About This Property

Description from listing agent

This beautiful home sits on a Double Lot. You have the freedom to build the ultimate garage, store your boat/RV, create a garden oasis or even your dream pool. In a world of crowded subdivisions, this is your private sanctuary. A classic 3-bedroom, 2-bathroom split floor plan provides privacy for the primary suite and plenty of room for guests or a home office. And with over 2,000 sq. ft, you'll find generous living areas that feel open and airy. The interior offers a clean, versatile layout just waiting for your personal touch. Find the perfect spot for morning coffee or evening relaxation as you step through to your screened-in lanai. And rest easy knowing there is a newer AC, 2 year old roof and and brand new water heater already in place, keeping your insurance premiums down and your home more efficient. You don't just get peace of mind but with the rare luxury of a double lot, and you have a property that's as much a smart investment as it is a great home.

Space Coast Context

🚀 Launch Viewing — Fair Views

43.6 mi from SLC-40

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

Aerospace Commute Guide
L3Harris11.5 mi~26 min
Northrop13.4 mi~30 min
Blue Origin37.6 mi~1h 24m
Lockheed38.7 mi~1h 26m
SpaceX38.8 mi~1h 26m
Boeing/KSC40.5 mi~1h 30m
KSC41 mi~1h 31m

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
  • 2/21/26
    Listed
    $340K
    $168/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 9 comparable sales in this area in the last 180 days.

Price vs. Comparable Sales
6.3% above median
Median comparable close: $320,000 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
98.3% of list price
At that rate, a competitive offer ≈ $334,106
Price Reductions
No reductions
Listed price has not changed since hitting the market
See & adjust the 9 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
0.46 acres (20,038 sqft)
Full Baths
2
Garage
2 car (attached)
Days on Market
121
MLS Area
343 - SE Palm Bay

Schools

Elementary

Sunrise

Middle School

Southwest

High School

Bayside

Financial & Listing Details

Listed
Feb 28, 2026
Parcel #
29-37-28-Kq-02027.0-0011.00
$340K

Listing Agent (for property info)

L
Lisa E Ramsey
Keller Williams Realty Brevard
321-615-5222
Call Listing Agent

Estimated Monthly Payment

$2,281/mo
Principal & interest
$1,791
Property taxes
$340
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $340K price — down payment shown: $68,000.

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# 1070075

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Equal Housing Opportunity

MLS# 1070075 · Listing Broker: Keller Williams Realty Brevard · 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.