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For SaleSingle Family Home
$325K
1428 Rankin Avenue SE, Palm Bay, FL 32909
Palm Bay - Bayside Lakes neighborhood
Subdivision: Port Malabar Unit 16
4
Bedrooms
2
Bathrooms
1,740
Sq Ft
1983
Year Built
$187 /sqft

About This Property

Description from listing agent

Spacious and full of potential, this 4-bedroom, 2-bath home sits on an expansive 0.46-acre lot, offering plenty of room to live, work, and play. The oversized property provides ample space for a future workshop, RV parking, or additional outdoor features to suit your lifestyle. Inside, you'll find comfortable living with a garage that has been converted under air-perfect for a home office, gym, or bonus living space. The home is equipped with a tankless water heater for energy efficiency and endless hot water heater for energy efficiency and endless hot water, along with hurricane impact windows throughout (excluding the sliding glass doors) for added peace of mind. Enjoy the flexibility of both well and city water, and stay comfortable year-round with a central air and heating system that's least then 2 years old. With its generous lot size, thoughtful upgrades, and versatile spaces, this property offers a unique opportunity to create your ideal home environment.

Space Coast Context

🚀 Launch Viewing — Fair Views

41.6 mi from SLC-40

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

Aerospace Commute Guide
L3Harris9.5 mi~21 min
Northrop11.5 mi~26 min
Blue Origin35.7 mi~1h 20m
SpaceX36.8 mi~1h 22m
Lockheed36.8 mi~1h 22m
Boeing/KSC38.5 mi~1h 26m
KSC38.9 mi~1h 27m

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
  • 6/18/26
    Price change
    $325K -1.5%
    $187/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
4.9% above median
Median comparable close: $309,900 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
100.0% of list price
At that rate, a competitive offer ≈ $325,000
Price Reductions
1 reduction
Originally listed at $325,000 · Cut $5,000 total
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
0.46 acres (20,038 sqft)
Full Baths
2
Garage
2 car
Days on Market
91
MLS Area
343 - SE Palm Bay

Schools

Elementary

Columbia

Middle School

Southwest

High School

Bayside

Financial & Listing Details

Listed
Apr 25, 2026
Parcel #
29-37-17-Gp-00736.0-0015.00
$325K

Listing Agent (for property info)

R
Ruby Fallas
RGF Realty, LLC
321-795-9896
Call Listing Agent

Estimated Monthly Payment

$2,187/mo
Principal & interest
$1,712
Property taxes
$325
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $325K price — down payment shown: $65,000.

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# 1075104

Interested in this property?

Equal Housing Opportunity

MLS# 1075104 · Listing Broker: RGF 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.