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For SaleSingle Family Home
$320K
721 Riviera Drive NE, Palm Bay, FL 32905
Palm Bay Waterfront neighborhood
Subdivision: Port Malabar Country Club Unit 7
3
Bedrooms
2
Bathrooms
1,422
Sq Ft
1980
Year Built
$225 /sqft

About This Property

Description from listing agent

Welcome to this 1,422 sq ft, 3 bedroom, 2 bathroom, 1 car garage charmer. New impact windows combined with the open concept allows seamless flow for comfortable Florida living. Relax year-round on the newly rescreened back porch with new vinly sliding windows overlooking a large backyard with plenty of space for entertaining, pets, play or future additions. Conveniently located to I-95, shopping, restaurants and Melbourne airport. Whether a first time buyer, downsizing or wanting a second home, this property offers outstanding potential and value. This motivated seller wants to make this house your home! HVAC 2007//Hot water heater 2015//AC unit 2018//Whole house water purifier 2019//Roof 2021//Kitchen appliances 2021//Impact windows, screens & vinyl sliding windows 2024//Exterior paint 2025//Interior paint 2026//Garbage disposal 2026

Space Coast Context

🚀 Launch Viewing — Fair Views

37.7 mi from SLC-40

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

Aerospace Commute Guide
L3Harris5.5 mi~12 min
Northrop7.5 mi~17 min
Blue Origin31.8 mi~1h 11m
SpaceX32.9 mi~1h 13m
Lockheed32.9 mi~1h 13m
Boeing/KSC34.5 mi~1h 17m
KSC34.9 mi~1h 18m

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.

Offer Intelligence

Based on 5 comparable sales in this area in the last 180 days.

Price vs. Comparable Sales
8.5% above median
Median comparable close: $295,000 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
97.8% of list price
At that rate, a competitive offer ≈ $313,050
Price Reductions
No reductions
Listed price has not changed since hitting the market
See & adjust the 5 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
0.43 acres (18,731 sqft)
Full Baths
2
Garage
1 car (attached)
Days on Market
137
MLS Area
340 - NE Palm Bay

Schools

Elementary

Rivieria

Middle School

Stone

High School

Palm Bay

Financial & Listing Details

Listed
Apr 14, 2026
Parcel #
28-37-29-Lw-00070.0-0023.00
$320K

Listing Agent (for property info)

D
Dorlen L. Martin
RLL Real Estate Group
321-591-4969
Call Listing Agent

Estimated Monthly Payment

$2,156/mo
Principal & interest
$1,686
Property taxes
$320
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $320K price — down payment shown: $64,000.

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# 1074633

What's Nearby

schools
Riviera Elementary School
0.6 mi away
schools
Lockmar Elementary School
0.9 mi away
grocery
ALDI
1.0 mi away
restaurants
Dunkin'
1.0 mi away
restaurants
Starbucks
1.0 mi away
coffee shops
Starbucks
1.0 mi away
shopping
7-Eleven
1.1 mi away
restaurants
Arby's
1.1 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1074633 · Listing Broker: RLL Real Estate Group · 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.