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For SaleSingle Family Home
$340K
172 Frederick Street SW, Palm Bay, FL 32908
Southwest Palm Bay neighborhood
Subdivision: Port Malabar Unit 30
4
Bedrooms
2
Bathrooms
1,821
Sq Ft
2023
Year Built
$187 /sqft

About This Property

Description from listing agent

PRICE ADJUSTMENT & $5K towards closing cost with reasonable offer. MUST SEE! Lots of UPGRADES...This beautifully built 4-bedroom, 2-bath home in SW Palm Bay offers over 1,800 sq ft of thoughtfully designed living space. Built in 2023, the home features a spacious open great room that connects seamlessly to a large kitchen with center island, perfect for entertaining. A separate dining area near the entry provides a more traditional space for meals or gatherings. The split floor plan offers privacy, with a generous owner's suite featuring a walk-in closet and private bath. Three additional bedrooms are well-sized for family or guests. Situated on a .24-acre lot, there's room to enjoy outdoor living. Concrete block construction, energy-efficient features, and a 2-car garage add to the value. Conveniently located near schools, shopping, and major roadways.

Space Coast Context

🚀 Launch Viewing — Fair Views

44.2 mi from SLC-40

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

Aerospace Commute Guide
L3Harris12 mi~27 min
Northrop14 mi~31 min
Blue Origin38.4 mi~1h 26m
SpaceX39.4 mi~1h 28m
Lockheed39.4 mi~1h 28m
Boeing/KSC40.8 mi~1h 31m
KSC41.2 mi~1h 32m

Estimates only — verify with Google Maps.

Flood Risk

Zone X (500-yr) — Moderate Risk

Moderate flood risk (0.2% annual chance). Flood insurance is optional but advisable.

Estimated flood insurance: $800 – $2,500 / 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
  • 7/1/26
    Price change
    $340K -1.4%
    $187/sqft
  • 6/14/26
    Price change
    $345K -1.4%
    $189/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 10 comparable sales in this area in the last 180 days.

Price vs. Comparable Sales
At market value
Median comparable close price: $333,600
Typical Offer Discount
99.7% of list price
At that rate, a competitive offer ≈ $339,032
Price Reductions
2 reductions
Originally listed at $344,900 · Cut $10,000 total
See & adjust the 10 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
0.24 acres (10,454 sqft)
Full Baths
2
Total Rooms
6
Garage
2 car (attached)
Days on Market
77
MLS Area
345 - SW Palm Bay

Schools

Elementary

Westside

Middle School

Southwest

High School

Bayside

Financial & Listing Details

Listed
May 9, 2026
Parcel #
29-36-25-Kj-01373.0-0009.00
$340K

Listing Agent (for property info)

G
Gary Halfhide
Waterman Real Estate, Inc.
321-626-7274
Call Listing Agent

Estimated Monthly Payment

$2,281/mo
Principal & interest
$1,791
Property taxes
$340
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $340K price — down payment shown: $67,980.

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# 1076918

Interested in this property?

Equal Housing Opportunity

MLS# 1076918 · 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.