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For SaleSingle Family Home
$480K
1401 Palau Street SE, Palm Bay, FL 32909
Palm Bay - St. Johns Heritage Parkway neighborhood
Subdivision: Port Malabar Unit 18
4
Bedrooms
3
Bathrooms
2,330
Sq Ft
2008
Year Built
$206 /sqft

About This Property

Description from listing agent

Experience refined living in this custom-built, impeccably maintained pool estate, perfectly positioned on a rare .52-acre corner double lot with city water. Offering 4 bedrooms, 2.5 baths, and exceptional entertaining spaces, this residence seamlessly blends timeless elegance with modern comfort. The heart of the home is a chef-inspired gourmet kitchen featuring new stainless steel appliances (2023), rich granite countertops, and custom 42-inch maple cabinetry. The luxurious first-floor primary suite provides a private retreat, highlighted by a tray ceiling with ambient LED lighting and a spa-like atmosphere. Thoughtful architectural details elevate every room, including 5-inch baseboards, knockdown ceilings, rounded corners, and elegant tray ceilings in both the formal dining room and primary suite. Upstairs, a spacious 16' x 23' flex/game room with a wet bar and half bath creates the perfect gathering space, while the spectacular home theater--complete with projector, screen, and

Space Coast Context

🚀 Launch Viewing — Fair Views

42 mi from SLC-40

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

Aerospace Commute Guide
L3Harris9.9 mi~22 min
Northrop11.9 mi~27 min
Blue Origin36 mi~1h 20m
SpaceX37.2 mi~1h 23m
Lockheed37.2 mi~1h 23m
Boeing/KSC39 mi~1h 27m
KSC39.4 mi~1h 28m

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
  • 7/30/26
    Listed
    $480K
    $206/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
At market value
Median comparable close price: $473,000
Typical Offer Discount
99.2% of list price
At that rate, a competitive offer ≈ $475,999
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
0.52 acres (22,651 sqft)
Full Baths
2
Half Baths
1
Total Rooms
8
Garage
2 car (attached)
Pool
Yes
Days on Market
28
MLS Area
343 - SE Palm Bay

Schools

Elementary

Columbia

Middle School

Stone

High School

Bayside

Financial & Listing Details

Listed
Jul 30, 2026
Parcel #
29-37-16-Gr-00921.0-0022.00
$480K

Listing Agent (for property info)

V
Vera L Koon
Waterman Real Estate, Inc.
321-302-9588
Call Listing Agent

Estimated Monthly Payment

$3,158/mo
Principal & interest
$2,528
Property taxes
$480
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $480K price — down payment shown: $95,980.

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# 1083772

What's Nearby

shopping
Chevron
0.2 mi away
fire stations
Palm Bay Fire Department Station 4
0.3 mi away
schools
Odyssey Junior/Senior High
0.4 mi away
schools
Odyssey Prep Academy
0.4 mi away
schools
Columbia Elementary School
0.9 mi away
schools
Royal Palm Charter School
1.0 mi away
restaurants
McDonald's
1.7 mi away
schools
Odyssey Charter School
1.7 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1083772 · 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.