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For SaleSingle Family Home
$565K
255 Brightwater Drive SE, Palm Bay, FL 32909
Palm Bay - St. Johns Heritage Parkway neighborhood
Subdivision: Lake Forest at Bayside Lakes
5
Bedrooms
3
Bathrooms
3,339
Sq Ft
2002
Year Built
$169 /sqft

About This Property

Description from listing agent

Located in the prestigious gated community of Lake Forest at Bayside Lakes, this beautifully updated lakefront home features a brand-new roof, new AC, new water heater, fresh interior paint, new carpet, and updated ceiling fans -- making it completely move-in ready. Offering over 3,339 square feet of thoughtfully designed living space, the open-concept layout is perfect for both entertaining and everyday living. The home features formal living and formal dining areas, spacious gathering spaces filled with natural light, and a desirable split floor plan that provides added privacy. Upstairs, a versatile loft offers endless possibilities for a media room, home office, playroom, or additional living space. Enjoy peaceful lake views while being conveniently located near shopping, dining, and I-95, with Florida's beautiful beaches just 30 minutes away. Experience resort-style living in one of the area's most sought-after communities.

Space Coast Context

🚀 Launch Viewing — Fair Views

42.5 mi from SLC-40

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

Aerospace Commute Guide
L3Harris10.3 mi~23 min
Northrop12.3 mi~27 min
Blue Origin36.7 mi~1h 22m
SpaceX37.7 mi~1h 24m
Lockheed37.7 mi~1h 24m
Boeing/KSC39.2 mi~1h 27m
KSC39.5 mi~1h 28m

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.

Offer Intelligence

Based on 1 comparable sale in this area in the last 180 days.(limited data — interpret with caution)

Price vs. Comparable Sales
11.9% above median
Median comparable close: $505,000 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
94.4% of list price
At that rate, a competitive offer ≈ $533,336
Price Reductions
No reductions
Listed price has not changed since hitting the market
See & adjust the 1 comparable sale 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
0.53 acres (23,087 sqft)
Full Baths
3
Garage
3 car (attached)
HOA Fee
$1150/mo
Days on Market
18
MLS Area
343 - SE Palm Bay

Community & HOA

HOA

Schools

Elementary

Westside

Middle School

Southwest

High School

Bayside

Financial & Listing Details

Listed
Jun 23, 2026
Parcel #
29-37-19-Sc-00000.0-0057.00
$565K

Listing Agent (for property info)

W
Whitney Ward
Real Broker, LLC
719-330-9580
Call Listing Agent

Estimated Monthly Payment

$4,842/mo
Principal & interest
$2,977
Property taxes
$565
Insurance & HOA
$1,300

Based on a 6.90% rate, 30-year loan, and $565K price — down payment shown: $113,000.

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# 1077231

Interested in this property?

Equal Housing Opportunity

MLS# 1077231 · Listing Broker: Real Broker, LLC · 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.