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For SaleSingle Family Home
$260K
1399 Mariposa Drive NE, Palm Bay, FL 32905
Palm Bay Waterfront neighborhood
Subdivision: Port Malabar Country Club Unit 6
3
Bedrooms
2
Bathrooms
1,320
Sq Ft
1979
Year Built
$197 /sqft

About This Property

Description from listing agent

Welcome to your spacious 3-bedroom, 2-bath home surrounded by lush Florida vegitation. Situated on an oversized 0.25-acre lot in the desirable Port Malabar Country Club area, this property offers a rare opportunity to create your forever home--or an excellent investment property. Inside, you'll find an open floor plan with an updated kitchen featuring stone countertops. The screened-in back patio area creates great space for outdoor living, while the large yard provides room for a boat, RV, or future landscaping upgrades. Additional features include two new bathrooms, 2024 roof, updated plumbing, and upgraded electrical. Centrally located just minutes from I-95, shopping, dining, beaches, and major employers.

Space Coast Context

🚀 Launch Viewing — Fair Views

36.7 mi from SLC-40

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

Aerospace Commute Guide
L3Harris4.6 mi~10 min
Northrop6.5 mi~14 min
Blue Origin30.8 mi~1h 9m
SpaceX31.9 mi~1h 11m
Lockheed31.9 mi~1h 11m
Boeing/KSC33.6 mi~1h 15m
KSC34 mi~1h 16m

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
  • 7/3/26
    Price change
    $260K -1.9%
    $197/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 5 comparable sales in this area in the last 180 days.

Price vs. Comparable Sales
At market value
Median comparable close price: $262,000
Typical Offer Discount
98.7% of list price
At that rate, a competitive offer ≈ $256,511
Price Reductions
1 reduction
Originally listed at $260,000 · Cut $5,000 total
See & adjust the 5 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
0.25 acres (10,890 sqft)
Full Baths
2
Total Rooms
1
Garage
1 car (attached)
Days on Market
22
MLS Area
340 - NE Palm Bay

Schools

Elementary

Riviera

Middle School

Stone

High School

Palm Bay

Financial & Listing Details

Listed
Jul 2, 2026
Parcel #
28-37-21-Lr-00057.0-0009.00
$260K

Listing Agent (for property info)

M
Matthew Bradley Kanefsky
Premium Properties Real Estate
609-402-7708
Call Listing Agent

Estimated Monthly Payment

$1,780/mo
Principal & interest
$1,370
Property taxes
$260
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $260K price — down payment shown: $52,000.

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# 1059632

Interested in this property?

Equal Housing Opportunity

MLS# 1059632 · Listing Broker: Premium Properties Real Estate · 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.