1 / 44
For SaleSingle Family Home
$389K
2171 Fallon Boulevard NE, Palm Bay, FL 32907
Southeast Palm Bay neighborhood
Subdivision: Port Malabar Unit 6
3
Bedrooms
2
Bathrooms
1,964
Sq Ft
2026
Year Built
$198 /sqft

About This Property

Description from listing agent

Welcome to the Preston! This home features 1,964+ living sq ft. , 3,057 total sq ft. with 3 bedrooms, 2.5 baths, plus a flex space. An open floorplan complete with tile flooring in the main living spaces and carpet in the bedrooms for added comfort. The kitchen is the heart of the home with granite countertops, soft-close cabinets, a walk in pantry, and crown molding for a little extra detail. Plenty of space to cook or just hang out while someone else does! Tray ceilings in both the great room and primary bedroom for added luxury and detail. The Primary bathroom has a fully tiled walk in shower, dual sinks and his and hers walk in closets. Looking for year round entertaining? This home has covered front and back porches for your coffee in the morning or winding down in the evening. The Preston also has a 3-car garage with plenty of extra storage space and it's on city water with septic. Did we mention the best part- $10,000 FLEX CASH WITH APPROVED LENDER!! No HOA or CDD fees.

Space Coast Context

🚀 Launch Viewing — Fair Views

38.3 mi from SLC-40

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

Aerospace Commute Guide
L3Harris6.4 mi~14 min
Northrop8.3 mi~18 min
Blue Origin32.2 mi~1h 12m
SpaceX33.4 mi~1h 14m
Lockheed33.4 mi~1h 14m
Boeing/KSC35.4 mi~1h 19m
KSC35.9 mi~1h 20m

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
  • 9/2/26
    Listed
    $389K
    $198/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 4 comparable sales in this area in the last 180 days.

Price vs. Comparable Sales
14.4% above median
Median comparable close: $339,500 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
98.7% of list price
At that rate, a competitive offer ≈ $383,405
Price Reductions
No reductions
Listed price has not changed since hitting the market
See & adjust the 4 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
0.24 acres (10,454 sqft)
Full Baths
2
Garage
3 car
Days on Market
1
MLS Area
340 - NE Palm Bay

Schools

Elementary

Port Malabar

Middle School

Stone

High School

Palm Bay

Financial & Listing Details

Listed
Sep 3, 2026
Parcel #
28-37-34-Ft-00117.0-0025.00
$389K

Listing Agent (for property info)

J
Janet Palomino Davidson
Waterman Real Estate, Inc.
321-525-9274
Call Listing Agent

Estimated Monthly Payment

$2,585/mo
Principal & interest
$2,047
Property taxes
$389
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $389K price — down payment shown: $77,700.

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# 1086701

What's Nearby

pharmacies
Acquaviva's Pharmacy
0.7 mi away
schools
Port Malabar Elementary
0.8 mi away
shopping
RaceTrac Shop
1.0 mi away
shopping
Fil-Am Oriental Store
1.0 mi away
schools
Saint Joseph Catholic School
1.1 mi away
grocery
Winn-Dixie
1.2 mi away
restaurants
Twisty Cone
1.2 mi away
government
VA Outpatient Clinic
1.2 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1086701 · 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.