1 / 8
For SaleSingle Family Home
$225K
865 Canada Street NE, Palm Bay, FL 32905
Palm Bay Waterfront neighborhood
Subdivision: None
4
Bedrooms
2
Bathrooms
1,519
Sq Ft
1970
Year Built
$148 /sqft

About This Property

Description from listing agent

Opportunity awaits in Palm Bay! This 4-bedroom, 1.5-bath home offers over 1,500 square feet of living space on a spacious corner lot in the established Port Malabar community. The single-story layout features a large living area, laminate, tile, and vinyl flooring throughout, central air conditioning, and a functional kitchen with ample cabinet space. Outside, you'll find a covered carport and a generously sized yard with plenty of room for outdoor living, gardening, or future improvements. Conveniently located near shopping, dining, schools, parks, major roadways, and the Indian River, this property offers easy access to everything Palm Bay has to offer. Whether you're looking for a primary residence, investment property, or renovation project, this home presents excellent potential.

Space Coast Context

🚀 Launch Viewing — Fair Views

37.6 mi from SLC-40

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

Aerospace Commute Guide
L3Harris6.5 mi~14 min
Northrop8.1 mi~18 min
Blue Origin31.3 mi~1h 10m
SpaceX32.7 mi~1h 13m
Lockheed32.7 mi~1h 13m
Boeing/KSC34.9 mi~1h 18m
KSC35.5 mi~1h 19m

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
  • 8/7/26
    Price change
    $225K -3.2%
    $148/sqft
  • 7/26/26
    Price change
    $233K -0.6%
    $153/sqft
  • 6/18/26
    Listed
    $234K
    $154/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 2 comparable sales in this area in the last 180 days.(limited data — interpret with caution)

Price vs. Comparable Sales
25.0% above median
Median comparable close: $180,000 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
95.5% of list price
At that rate, a competitive offer ≈ $214,981
Price Reductions
2 reductions
Originally listed at $234,000 · Cut $9,000 total
See & adjust the 2 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
0.22 acres (9,583 sqft)
Full Baths
1
Half Baths
1
Total Rooms
6
Days on Market
73
MLS Area
999 - Out of Area

Schools

Middle School

Stone

High School

Palm Bay

Financial & Listing Details

Listed
Jun 18, 2026
Parcel #
28-37-25-Fo-00051.0-0007.00
$225K

Listing Agent (for property info)

L
Laura Auten
Elevate Realty LLC
561-427-3923
Call Listing Agent

Estimated Monthly Payment

$1,560/mo
Principal & interest
$1,185
Property taxes
$225
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $225K price — down payment shown: $45,000.

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# 1080417

What's Nearby

restaurants
El Super Mofongo Resbaloso
0.9 mi away
schools
Palm Bay Elementary
1.0 mi away
parks
Playground at Malabar Park
1.3 mi away
government
Malabar Town Hall
1.3 mi away
government
Council Chambers
1.3 mi away
government
Town Administrators Office
1.3 mi away
government
Malabar Public Works Complex
1.3 mi away
parks
Playground at Knecht Park
1.3 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1080417 · Listing Broker: Elevate Realty 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.