1 / 23
For SaleSingle Family Home
$231K
882 Wateroak Drive NE, Palm Bay, FL 32905
Palm Bay Waterfront neighborhood
Subdivision: Port Malabar Unit 59
3
Bedrooms
2
Bathrooms
1,065
Sq Ft
1989
Year Built
$217 /sqft

About This Property

Description from listing agent

Imagine waking up every morning knowing the lawn is already taken care of, the community pool is just steps away, and all that's left to do is enjoy the Florida sunshine. Welcome home to 882 Wateroak Drive. This is easy Florida living in the desirable Bermuda Walk community of Northeast Palm Bay! A charming 3-bedroom, 2-bath home offers the perfect blend of comfort, convenience, and low-maintenance living. Featuring an open floor plan with vaulted ceilings, abundant natural light, and a spacious living area, the home feels bright and inviting from the moment you step inside. The kitchen is designed for everyday living and entertaining, complete with a breakfast bar, eat-in dining area, and ample cabinet space. The primary suite provides a private retreat with an en-suite bath, while two additional bedrooms offer flexibility for guests, family, or a home office. Whether you're a first-time homebuyer or looking to downsize, this move-in-ready house is for YOU!

Space Coast Context

🚀 Launch Viewing — Fair Views

37.5 mi from SLC-40

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

Aerospace Commute Guide
L3Harris5.6 mi~12 min
Northrop7.5 mi~17 min
Blue Origin31.5 mi~1h 10m
SpaceX32.7 mi~1h 13m
Lockheed32.7 mi~1h 13m
Boeing/KSC34.6 mi~1h 17m
KSC35.1 mi~1h 18m

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
  • 6/9/26
    Listed
    $231K
    $217/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 2 comparable sales in this area in the last 180 days.(limited data — interpret with caution)

Price vs. Comparable Sales
14.2% below market
Median comparable close price: $269,000
Typical Offer Discount
99.8% of list price
At that rate, a competitive offer ≈ $230,473
Price Reductions
No reductions
Listed price has not changed since hitting the market
See & adjust the 2 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
0.15 acres (6,534 sqft)
Full Baths
2
Garage
1 car
HOA Fee
$295/mo
Days on Market
73
MLS Area
340 - NE Palm Bay

Community & HOA

HOA

Schools

Middle School

Stone

High School

Palm Bay

Financial & Listing Details

Listed
Jun 19, 2026
Parcel #
28-37-27-No-03050.0-0003.00
$231K

Listing Agent (for property info)

V
Valerie Lynn Jelley-Lastinger
Keller Williams Realty Brevard
770-359-9733
Call Listing Agent

Estimated Monthly Payment

$1,892/mo
Principal & interest
$1,217
Property taxes
$231
Insurance & HOA
$445

Based on a 6.90% rate, 30-year loan, and $231K price — down payment shown: $46,180.

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# 1079710

What's Nearby

pharmacies
Acquaviva's Pharmacy
0.5 mi away
government
VA Outpatient Clinic
0.6 mi away
grocery
Winn-Dixie
0.7 mi away
shopping
Circle K
0.8 mi away
schools
Saint Joseph Catholic School
0.8 mi away
restaurants
KFC
0.8 mi away
restaurants
Dunkin'
0.8 mi away
restaurants
Subway
0.9 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1079710 · Listing Broker: Keller Williams 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.