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For SaleSingle Family Home
$530K
257 Olin Road SW, Palm Bay, FL 32908
Southwest Palm Bay neighborhood
Subdivision: Port Malabar Unit 31
4
Bedrooms
3
Bathrooms
2,860
Sq Ft
2026
Year Built
$185 /sqft

About This Property

Description from listing agent

This beautifully designed 4-bedroom, 3-bath home offers 2,680 square feet of living space (3,797 total) and sits on an oversized 0.31-acre lot with city water and an NR aerobic septic system. A $15,000 flex incentive is available toward closing costs or a rate buydown with an approved lender. Inside, you'll find two spacious primary/owner suites, ideal for multigenerational living or guests. The home features Mohawk RevWood plank flooring throughout, with tile in bathrooms and the laundry room, and quartz countertops in every space. The kitchen is equipped with Level 2 soft-close cabinetry and a full stainless steel LG appliance package, including a 25 cu. ft. side-by-side refrigerator, 5-burner range with convection and air fry, microwave, dishwasher, and a vented exhaust fan. The open great room includes six LED ceiling lights on dimmers, ceiling fan pre-wires, and a 9-foot sliding glass door leading to the 18' x 12' trussed screened porch with a finished floor—perfect for indoor

Space Coast Context

🚀 Launch Viewing — Fair Views

43.9 mi from SLC-40

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

Aerospace Commute Guide
L3Harris11.8 mi~26 min
Northrop13.8 mi~31 min
Blue Origin38.1 mi~1h 25m
SpaceX39.1 mi~1h 27m
Lockheed39.2 mi~1h 27m
Boeing/KSC40.6 mi~1h 30m
KSC40.9 mi~1h 31m

Estimates only — verify with Google Maps.

Flood Risk

Flood zone data not yet available for this listing. Check FEMA Flood Map

Source: FEMA National Flood Hazard Layer. Insurance estimates are ranges only — get a quote for accurate pricing.

Price History

Date
Event
Price
  • 1/11/26
    Listed
    $530K
    $185/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
16.2% above median
Median comparable close: $455,990 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
99.2% of list price
At that rate, a competitive offer ≈ $525,765
Price Reductions
No reductions
Listed price has not changed since hitting the market
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
0.34 acres (14,810 sqft)
Full Baths
3
Total Rooms
10
Garage
3 car (attached)
Days on Market
177
MLS Area
345 - SW Palm Bay

Schools

Elementary

Westside

Middle School

Southwest

High School

Bayside

Financial & Listing Details

Listed
Jan 11, 2026
Parcel #
29-36-25-Jp-01517.0-0010.00
$530K

Listing Agent (for property info)

V
Vera L Koon
Waterman Real Estate, Inc.
321-302-9588
Call Listing Agent

Estimated Monthly Payment

$3,472/mo
Principal & interest
$2,792
Property taxes
$530
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $530K price — down payment shown: $105,980.

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# 1066143

Interested in this property?

Equal Housing Opportunity

MLS# 1066143 · 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.