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For SaleSingle Family Home
$250K
502 Australian Road NW, Palm Bay, FL 32907
Northwest Palm Bay neighborhood
Subdivision: Port Malabar Unit 13
2
Bedrooms
2
Bathrooms
1,226
Sq Ft
1981
Year Built
$204 /sqft

About This Property

Description from listing agent

NO HOA, CORNER LOT, FENCED YARD, GARAGE + CARPORT! This NW Palm Bay home offers the space, parking, and practical features buyers are looking for. Tile flooring runs throughout the open living and dining area, while the kitchen includes granite countertops, wood cabinetry, stainless steel appliances, and a breakfast bar. The primary suite features an updated private bath with a tiled walk-in shower, and the interior laundry room provides built-in storage with additional workspace. Outside, the screened patio opens to a large fenced yard shaded by mature trees, with plenty of room for pets, outdoor gatherings, gardening, or future plans. Come see how much this home has to offer--schedule your showing today.

Space Coast Context

🚀 Launch Viewing — Fair Views

39.2 mi from SLC-40

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

Aerospace Commute Guide
L3Harris7.3 mi~16 min
Northrop9.3 mi~21 min
Blue Origin33.5 mi~1h 15m
SpaceX34.4 mi~1h 17m
Lockheed34.5 mi~1h 17m
Boeing/KSC35.7 mi~1h 20m
KSC36 mi~1h 20m

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
  • 8/7/26
    Price change
    $250K -2.0%
    $204/sqft
  • 7/17/26
    Listed
    $255K
    $208/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 3 comparable sales in this area in the last 180 days.

Price vs. Comparable Sales
At market value
Median comparable close price: $255,000
Typical Offer Discount
98.1% of list price
At that rate, a competitive offer ≈ $245,265
Price Reductions
1 reduction
Originally listed at $255,000 · Cut $5,100 total
See & adjust the 3 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
0.3 acres (13,068 sqft)
Full Baths
2
Garage
2 car (attached)
Days on Market
43
MLS Area
344 - NW Palm Bay

Schools

Middle School

Central

High School

Heritage

Financial & Listing Details

Listed
Jul 17, 2026
Parcel #
28-36-36-Ex-00649.0-0019.00
$250K

Listing Agent (for property info)

R
Ryan McDuffie
RLL Real Estate Group
321-615-8548
Call Listing Agent

Estimated Monthly Payment

$1,717/mo
Principal & interest
$1,317
Property taxes
$250
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $250K price — down payment shown: $49,980.

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# 1082794

What's Nearby

schools
Pineapple Cove Classical Academy
0.6 mi away
restaurants
Little Caesars
0.7 mi away
grocery
Winn-Dixie
0.7 mi away
schools
Christa McAuliffe Elementary
0.7 mi away
movie theaters
NCG Cimena
0.8 mi away
restaurants
McDonald's
0.8 mi away
shopping
Circle K
0.8 mi away
shopping
7-Eleven
0.8 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1082794 · 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.