About This Property
Description from listing agentExceptional investment opportunity in NE Palm Bay! This well-maintained condo 1-bedroom, 1-bathroom, offering a rare combination of immediate stability and long-term appreciation. Perfect for a savvy investor looking for a low-maintenance addition to their portfolio. This move-in ready home was renovated and cabinets and baths replaced 3 years ago as well as luxury vinyl plank flooring, LED lighting, and ceiling fan upstairs. Enjoy the open-concept living space and an energy-efficient tankless water heater. The two-story loft-style layout offers privacy with the spacious bedroom, bathroom & enclosed laundry room located on the second floor. Low association dues make this an affordable investment opportunity! A detached one-car garage provides additional storage and convenience for the tenant. 3316 Overlook is also available for sale by same owner. Garage #15 and 1 assigned parking space
Space Coast Context
🚀 Launch Viewing — Fair Views
37.9 mi from SLC-40
37.9 miles from SLC-40 — visible as a bright streak in good conditions.
Estimates only — verify with Google Maps.
Flood 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
Price history and market context for this listing.
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.
Location
Get DirectionsAdditional Details
Community & HOA
HOA
- Name: The Bluffs Condo
- Fee: $200.24 / monthly
Schools
Middle School
Stone
High School
Palm Bay
Financial & Listing Details
Estimated Monthly Payment
- Principal & interest
- $711
- Property taxes
- $135
- Insurance & HOA
- $350
Based on a 6.90% rate, 30-year loan, and $135K price — down payment shown: $26,980.
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.
