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For SaleSingle Family Home
$450K
1218 Thallar Lane NW, Palm Bay, FL 32907
Northwest Palm Bay neighborhood
Subdivision: Port Malabar Unit 48
4
Bedrooms
2
Bathrooms
2,007
Sq Ft
1986
Year Built
$224 /sqft

About This Property

Description from listing agent

Completely renovated and ready for its new owners! This beautifully updated 4-bedroom, 2-bath home offers modern finishes and peace of mind with a new roof, new HVAC system, new water heater, and new kitchen appliances--all installed in 2026. The functional floor plan provides comfortable living spaces, while the spacious yard offers endless possibilities for outdoor enjoyment. Enjoy the freedom of no HOA fees and a convenient location close to shopping, dining, schools, parks, and major roadways. Move right in and start enjoying your new home. Don't miss this incredible opportunity--bring your best offer!

Space Coast Context

🚀 Launch Viewing — Fair Views

37.3 mi from SLC-40

37.3 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 Origin31.6 mi~1h 10m
SpaceX32.5 mi~1h 12m
Lockheed32.6 mi~1h 13m
Boeing/KSC33.8 mi~1h 15m
KSC34.2 mi~1h 16m

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
  • 6/26/26
    Listed
    $450K
    $224/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 3 comparable sales in this area in the last 180 days.

Price vs. Comparable Sales
12.8% above median
Median comparable close: $399,000 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
98.6% of list price
At that rate, a competitive offer ≈ $443,834
Price Reductions
No reductions
Listed price has not changed since hitting the market
See & adjust the 3 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
0.22 acres (9,583 sqft)
Full Baths
2
Garage
2 car
Pool
Yes
Days on Market
63
MLS Area
344 - NW Palm Bay

Schools

Elementary

Lockmar

Middle School

Central

High School

Heritage

Financial & Listing Details

Listed
Jun 26, 2026
Parcel #
28-36-24-Kr-02477.0-0009.00
$450K

Listing Agent (for property info)

M
Melrose M Samuels
HomeSmart Coastal Realty
321-244-0406
Call Listing Agent

Estimated Monthly Payment

$2,971/mo
Principal & interest
$2,371
Property taxes
$450
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $450K price — down payment shown: $90,000.

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# 1081081

What's Nearby

fire stations
Palm Bay West Fire / Rescue Station 83
0.3 mi away
restaurants
Subway
0.5 mi away
grocery
Eli's West Indian Grocery
0.5 mi away
restaurants
Panera Bread
0.7 mi away
restaurants
Wendy's
0.7 mi away
grocery
Publix
0.7 mi away
restaurants
Panda Express
0.8 mi away
restaurants
Burger King
0.8 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1081081 · Listing Broker: HomeSmart Coastal Realty · 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.