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For SaleSingle Family Home
$237K
933 Wateroak Drive NE, Palm Bay, FL 32905
Palm Bay Waterfront neighborhood
Subdivision: Port Malabar Unit 59
2
Bedrooms
2
Bathrooms
932
Sq Ft
1993
Year Built
$254 /sqft

About This Property

Description from listing agent

FIRST TIME EVER ON THE MARKET! BEAUTIFUL CORNER LOT - MOVE-IN READY. A rare opportunity in the highly sought after Bermuda Walk Community. This original-owner home has been lovingly cared for by one of the community's founding families and is now being offered for sale for the very first time. Set on a desirable corner lot, this 2-bedroom, 2-bath home with a 1-car garage offers an added sense of openness in a quiet, peaceful setting. The enclosed back porch is the perfect place to unwind, enjoy beautiful Florida sunsets and perhaps catch a glimpse of the neighborhood's special visitors, the graceful sandhill cranes. Pride of ownership shows throughout. The home has been thoughtfully maintained and refreshed inside and out with new flooring, fresh interior and exterior paint, updated lighting and window treatments, refreshed landscaping, garage flooring and newer appliances. Recent improvements include a 2024 water heater and 2024 dishwasher, along with an updated A/C thermostat. The

Space Coast Context

🚀 Launch Viewing — Fair Views

37.5 mi from SLC-40

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

Aerospace Commute Guide
L3Harris5.6 mi~12 min
Northrop7.4 mi~16 min
Blue Origin31.4 mi~1h 10m
SpaceX32.6 mi~1h 13m
Lockheed32.6 mi~1h 13m
Boeing/KSC34.5 mi~1h 17m
KSC35 mi~1h 18m

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
  • 9/11/26
    Listed
    $237K
    $254/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 1 comparable sale in this area in the last 180 days.(limited data — interpret with caution)

Price vs. Comparable Sales
14.2% above median
Median comparable close: $207,500 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
88.3% of list price
At that rate, a competitive offer ≈ $209,267
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
0.13 acres (5,663 sqft)
Full Baths
2
Garage
1 car (attached)
HOA Fee
$1180/mo
Days on Market
16
MLS Area
340 - NE Palm Bay

Community & HOA

HOA

Schools

Middle School

Stone

High School

Palm Bay

Financial & Listing Details

Listed
Sep 25, 2026
Parcel #
28-37-27-No-03048.0-0016.00
$237K

Listing Agent (for property info)

T
Traci Siegel
Denovo Realty
321-604-7838
Call Listing Agent

Estimated Monthly Payment

$2,816/mo
Principal & interest
$1,249
Property taxes
$237
Insurance & HOA
$1,330

Based on a 6.90% rate, 30-year loan, and $237K price — down payment shown: $47,400.

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# 1087479

What's Nearby

pharmacies
Acquaviva's Pharmacy
0.5 mi away
government
VA Outpatient Clinic
0.7 mi away
shopping
Circle K
0.8 mi away
restaurants
KFC
0.8 mi away
grocery
Winn-Dixie
0.8 mi away
restaurants
Dunkin'
0.8 mi away
restaurants
Charleys Philly Steaks
0.8 mi away
restaurants
Subway
0.9 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1087479 · Listing Broker: Denovo Realty · 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.