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For SaleSingle Family Home
$362K
490 Olney Street, Palm Bay, FL 32908
Southwest Palm Bay neighborhood
Subdivision: Port Malabar Unit 31
4
Bedrooms
2
Bathrooms
1,851
Sq Ft
2023
Year Built
$196 /sqft

About This Property

Description from listing agent

Ask us about our incentives, builder paid closing costs, & no down payment options! The Estero II floor plan serves as a spacious home for families and guests. Featuring an open concept floor plan, the home boasts 4 spacious bedrooms, 2 full bathrooms and is complete with over $10,000 in upgrades. These include energy-efficient Whirlpool® appliances, spacious granite countertops in the kitchen, stunning wood cabinets, brushed nickel hardware and an attached two-car garage. In addition, the Estero's secluded master retreat highlights a large walk-in closet. Best of all, Palm Bay offers residents a premier location with convenient access to nearby golf courses, world-class area beaches and amenity-packed parks. This home has a large side yard, is located on a quiet street and near other new construction. It is also conveniently located minutes from Bayside Lakes shopping plaza. **appliance models are subject to availability**

Space Coast Context

🚀 Launch Viewing — Fair Views

44 mi from SLC-40

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

Aerospace Commute Guide
L3Harris11.9 mi~27 min
Northrop14 mi~31 min
Blue Origin38.3 mi~1h 25m
SpaceX39.3 mi~1h 28m
Lockheed39.3 mi~1h 28m
Boeing/KSC40.7 mi~1h 31m
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
  • 8/7/23
    Listed
    $362K
    $196/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 6 comparable sales in this area in the last 180 days.

Price vs. Comparable Sales
At market value
Median comparable close price: $354,990
Typical Offer Discount
99.8% of list price
At that rate, a competitive offer ≈ $361,345
Price Reductions
No reductions
Listed price has not changed since hitting the market
See & adjust the 6 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
0.23 acres (10,019 sqft)
Full Baths
2
Total Rooms
8
Garage
2 car (attached)
Days on Market
598
MLS Area
345 - SW Palm Bay

Schools

Elementary

Westside

Middle School

Southwest

High School

Bayside

Financial & Listing Details

Listed
Nov 22, 2024
Parcel #
29-36-25-Jp-01514.0-0002.00
$362K

Listing Agent (for property info)

G
Gayle K. Van-Wagenen
LGI Realty-Florida LLC
904-449-3938
Call Listing Agent

Estimated Monthly Payment

$2,419/mo
Principal & interest
$1,907
Property taxes
$362
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $362K price — down payment shown: $72,380.

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# 971903

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Equal Housing Opportunity

MLS# 971903 · Listing Broker: LGI Realty-Florida 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.