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For SaleSingle Family Home
$372K
1049 Welco Street SE, Palm Bay, FL 32909
Palm Bay - St. Johns Heritage Parkway neighborhood
Subdivision: Port Malabar Unit 17
4
Bedrooms
3
Bathrooms
2,117
Sq Ft
2026
Year Built
$176 /sqft

About This Property

Description from listing agent

Introducing the ''Jack N' Jill'' Home! This beautiful New Construction 4bed/3bath home features an open floor plan with a with a spacious great room and easy access to the covered 10x20 trussed porch. $1,000 deposit secures this home and all CLOSING COSTS PAID with use of preferred lender (excluding escrow & prepaid accounts). Great for those summer BBQ's and entertaining family & friends. Vaulted ceilings, upgraded flooring, a bright formal dining room w/ large window. The kitchen features a huge 10' island, soft close cabinets with crown molding, ss appliances, premium black fixtures and an upgraded trim package. Two of the guest bedrooms share a convenient jack & Jill bath or can be perfect for a large family with children needing to share a bathroom or for inlaws. The Primary suite includes a large walk-in closet, large soaking garden tub and separate shower. Storm shutters and full builder warranty applies. NO HOA. Photos are samples. Home is under construction. BUILD A POOL!

Space Coast Context

🚀 Launch Viewing — Fair Views

42.8 mi from SLC-40

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

Aerospace Commute Guide
L3Harris10.7 mi~24 min
Northrop12.6 mi~28 min
Blue Origin36.9 mi~1h 22m
SpaceX38 mi~1h 25m
Lockheed38 mi~1h 25m
Boeing/KSC39.7 mi~1h 28m
KSC40.1 mi~1h 29m

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
  • 7/7/26
    Listed
    $372K
    $176/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 15 comparable sales in this area in the last 180 days.

Price vs. Comparable Sales
7.1% below market
Median comparable close price: $399,900
Typical Offer Discount
98.8% of list price
At that rate, a competitive offer ≈ $367,294
Price Reductions
No reductions
Listed price has not changed since hitting the market
See & adjust the 15 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
0.23 acres (10,019 sqft)
Full Baths
3
Garage
2 car (attached)
Days on Market
4
MLS Area
343 - SE Palm Bay

Schools

Elementary

Columbia

Middle School

Southwest

High School

Bayside

Financial & Listing Details

Listed
Jul 7, 2026
Parcel #
29-37-20-Gq-00854.0-0025.00
$372K

Listing Agent (for property info)

S
Stacey Holdsworth
Adams Homes Realty, Inc.
321-557-2498
Call Listing Agent

Estimated Monthly Payment

$2,480/mo
Principal & interest
$1,958
Property taxes
$372
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $372K price — down payment shown: $74,330.

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# 1081873

Interested in this property?

Equal Housing Opportunity

MLS# 1081873 · Listing Broker: Adams Homes Realty, 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.