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For SaleCondominium
$160K
1461 Sheafe Avenue NE #106, Palm Bay, FL 32905
Palm Bay Waterfront neighborhood
Subdivision: Port Malabar Country Club Unit 7 First Replat of
2
Bedrooms
2
Bathrooms
793
Sq Ft
1983
Year Built
$202 /sqft

About This Property

Description from listing agent

This is a great 2 bedroom, 2 bath, end unit, one story unit. Community has a pool, club house, basketball court and playground. Unit has s fenced courtyard and a side patio. Owner had extra space age insulation installed in the attic that saves around 40% in your electric bill. Tile floors, granite countertop in the kitchen this is a bright cheerful unit well maintained. Come see it and you will be happy you did

Space Coast Context

🚀 Launch Viewing — Fair Views

36.7 mi from SLC-40

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

Aerospace Commute Guide
L3Harris4.5 mi~10 min
Northrop6.5 mi~14 min
Blue Origin30.8 mi~1h 9m
SpaceX31.8 mi~1h 11m
Lockheed31.9 mi~1h 11m
Boeing/KSC33.5 mi~1h 15m
KSC33.9 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.

Offer Intelligence

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

Price vs. Comparable Sales
At market value
Median comparable close price: $157,000
Typical Offer Discount
100.0% of list price
At that rate, a competitive offer ≈ $159,900
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
0.06 acres (2,614 sqft)
Full Baths
2
Stories
2
HOA Fee
$341/mo
Days on Market
194
MLS Area
340 - NE Palm Bay

Community & HOA

HOA

Schools

Elementary

Riviera

Middle School

Stone

High School

Palm Bay

Financial & Listing Details

Listed
Mar 4, 2026
Parcel #
28-37-20-75-00099.0-0028.00
$160K

Listing Agent (for property info)

C
Carol Ryon
Welcome Home Realty Brevard
321-258-2383
Call Listing Agent

Estimated Monthly Payment

$1,493/mo
Principal & interest
$842
Property taxes
$160
Insurance & HOA
$491

Based on a 6.90% rate, 30-year loan, and $160K price — down payment shown: $31,980.

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# 1071031

What's Nearby

restaurants
7 Brew Coffee
0.1 mi away
coffee shops
7 Brew Coffee
0.1 mi away
restaurants
Dunkin'
0.4 mi away
shopping
Wawa
0.4 mi away
schools
Riviera Elementary School
0.5 mi away
restaurants
Taco Bell
0.5 mi away
restaurants
Chick-fil-A
0.6 mi away
grocery
ALDI
0.6 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1071031 · Listing Broker: Welcome Home 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.