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For SaleManufactured Home
$55K
2448 Royal Palm Drive NE, Palm Bay, FL 32905
Palm Bay Waterfront neighborhood
Subdivision: Palm Bay Colony Sec 1
2
Bedrooms
2
Bathrooms
920
Sq Ft
1979
Year Built
$60 /sqft

About This Property

Description from listing agent

*Multiple offers! Highest/best by 1/17* 2BR/2BA home features an open floor plan with 920 SF and offers a wonderful opportunity to RENOVATE & personalize to make it your own. This home is priced accordingly. Live part-time or year-round. Bring your vision to make this home your warm Florida getaway. Located on owned land, NO LOT RENT. The fenced yard backs to a canal, providing added privacy. Additional features include two attached work/storage rooms and a screened porch with windows for extra living space. Enjoy a low HOA approx. $45/month with access to a pool, tennis courts, shuffleboard, and an active community center. A great chance to create a home that fits your style. As-Is, cash sale.

Space Coast Context

🚀 Launch Viewing — Fair Views

36 mi from SLC-40

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

Aerospace Commute Guide
L3Harris4.5 mi~10 min
Northrop6.1 mi~14 min
Blue Origin29.9 mi~1h 7m
SpaceX31.1 mi~1h 9m
Lockheed31.1 mi~1h 9m
Boeing/KSC33.1 mi~1h 14m
KSC33.7 mi~1h 15m

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
  • 1/14/26
    Listed
    $55K
    $60/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
4.8% above median
Median comparable close: $52,500 — premium may reflect unique features not captured in automated comps
Typical Offer Discount
87.6% of list price
At that rate, a competitive offer ≈ $48,205
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
0.12 acres (5,227 sqft)
Full Baths
2
Senior Community
Yes
Days on Market
163
MLS Area
340 - NE Palm Bay

Schools

Elementary

Palm Bay Elem

Middle School

Stone

High School

Palm Bay

Financial & Listing Details

Listed
Jan 15, 2026
Parcel #
28-37-14-51-00001.0-0033.00
$55K

Listing Agent (for property info)

C
Cheri Darmanin
Coldwell Banker Realty
954-298-0428
Call Listing Agent

Estimated Monthly Payment

$495/mo
Principal & interest
$290
Property taxes
$55
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $55K price — down payment shown: $11,000.

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# 1066507

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Equal Housing Opportunity

MLS# 1066507 · Listing Broker: Coldwell Banker 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.