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For SaleSingle Family Home
$1.2M
281 Appaloosa Street, Palm Bay, FL 32909
Palm Bay - St. Johns Heritage Parkway neighborhood
Subdivision: Deer Run
4
Bedrooms
5
Bathrooms
3,091
Sq Ft
2026
Year Built
$377 /sqft

About This Property

Description from listing agent

POOL HOME TO BE BUILT on a private 2.65-acre homesite in the desirable DEER RUN community. The Alexander floor plan features 4 spacious bedroom suites, each with its own private bathroom, plus a dedicated study and a large open-concept great room and kitchen designed for comfortable living and entertaining. A thoughtfully designed side-entry 3-car garage enhances curb appeal while providing added privacy and functionality. Inside, the home showcases 9'4'' ceilings throughout, 36-inch kitchen cabinetry, and quartz countertops in both the kitchen and bathrooms for a seamless upscale finish. The luxurious primary suite includes dual walk-in closets and a spa-inspired bath with double vanities, a soaking tub, and a separate shower. With over 3,091 square feet under air, buyers also have the opportunity to customize the floor plan to suit their lifestyle. Images are for illustrative purposes only.

Space Coast Context

🚀 Launch Viewing — Fair Views

47.7 mi from SLC-40

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

Aerospace Commute Guide
L3Harris15.6 mi~35 min
Northrop17.6 mi~39 min
Blue Origin41.8 mi~1h 33m
SpaceX42.9 mi~1h 36m
Lockheed42.9 mi~1h 36m
Boeing/KSC44.5 mi~1h 39m
KSC44.9 mi~1h 40m

Estimates only — verify with Google Maps.

Flood Risk

Zone AE — High Risk

Special Flood Hazard Area (1% annual chance). Flood insurance is federally required for mortgages.

Estimated flood insurance: $2,000 – $6,000+ / 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.

Price Reductions
No reductions
Listed price has not changed since hitting the market
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
2.65 acres (115,434 sqft)
Full Baths
4
Half Baths
1
Garage
3 car
HOA Fee
$230/mo
Pool
Yes
Days on Market
55
MLS Area
347 - Southern Palm Bay

Community & HOA

HOA

Schools

Elementary

Sunrise

Middle School

Southwest

High School

Bayside

Financial & Listing Details

Listed
May 30, 2026
Parcel #
30-37-18-Mf-0000d.0-0017.00
$1.2M

Listing Agent (for property info)

M
Meili Viera Porter
Waterman Real Estate Inc.
321-848-7344
Call Listing Agent

Estimated Monthly Payment

$7,683/mo
Principal & interest
$6,138
Property taxes
$1,165
Insurance & HOA
$380

Based on a 6.90% rate, 30-year loan, and $1.2M price — down payment shown: $233,000.

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# 1078628

Interested in this property?

Equal Housing Opportunity

MLS# 1078628 · 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.