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For SaleSingle Family Home
$395K
1198 Soleway Avenue NW, Palm Bay, FL 32907
Northwest Palm Bay neighborhood
Subdivision: St. Johns Preserve
4
Bedrooms
3
Bathrooms
2,200
Sq Ft
2025
Year Built
$180 /sqft

About This Property

Description from listing agent

PRICE IMPROVEMENT! Now offered at just $395,000 PLUS the seller is offering $10,000 toward the buyer's closing costs, prepaids, and/or interest rate buy-down! Better than new, this beautifully upgraded 4-bedroom, 3-bath waterfront home is located in the sought-after gated community of St. Johns Preserve. Skip the wait and expense of new construction this move-in-ready home already includes the upgrades buyers want, including elegant crown molding, custom board and batten accents, quartz countertops, stainless steel appliances, gutters, a fully fenced backyard, and a screened lanai overlooking peaceful water views. The thoughtfully designed split floor plan offers a private guest suite with its own full bath, making it ideal for multigenerational living, guests, or a home office. The spacious open concept kitchen features a large center island, abundant cabinetry, and flows seamlessly into the dining and living areas perfect for everyday living and entertaining.

Space Coast Context

🚀 Launch Viewing — Fair Views

39.3 mi from SLC-40

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

Aerospace Commute Guide
L3Harris8.8 mi~20 min
Northrop10.6 mi~24 min
Blue Origin34.1 mi~1h 16m
SpaceX34.7 mi~1h 17m
Lockheed34.8 mi~1h 18m
Boeing/KSC35.5 mi~1h 19m
KSC35.6 mi~1h 19m

Estimates only — verify with Google Maps.

Flood Risk

Zone AE — High Risk

Special Flood Hazard Area (1% annual chance). Flood insurance is federally required for mortgages.

Estimated flood insurance: $2,000 – $6,000+ / 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
  • 7/9/26
    Price change
    $395K -4.8%
    $180/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 7 comparable sales in this area in the last 180 days.

Price vs. Comparable Sales
At market value
Median comparable close price: $385,000
Typical Offer Discount
99.4% of list price
At that rate, a competitive offer ≈ $392,796
Price Reductions
1 reduction
Originally listed at $395,000 · Cut $19,900 total
See & adjust the 7 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
0.16 acres (6,970 sqft)
Full Baths
3
Garage
2 car (attached)
HOA Fee
$600/mo
Days on Market
112
MLS Area
344 - NW Palm Bay

Community & HOA

HOA

  • Name: St John's Preserve
  • Fee: $600 / annually

Schools

Elementary

Jupiter

Middle School

Central

High School

Heritage

Financial & Listing Details

Listed
May 7, 2026
Parcel #
28-36-32-04-0000m.0-0046.00
$395K

Listing Agent (for property info)

C
Catherine K Burger
RE/MAX Aerospace Realty
321-223-1886
Call Listing Agent

Estimated Monthly Payment

$3,226/mo
Principal & interest
$2,081
Property taxes
$395
Insurance & HOA
$750

Based on a 6.90% rate, 30-year loan, and $395K price — down payment shown: $79,000.

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# 1076654

What's Nearby

restaurants
Softball Snacks
0.5 mi away
dog parks
Fred Poppe Regional Dog Park
0.5 mi away
schools
Heritage High School
0.6 mi away
grocery
Publix
0.8 mi away
restaurants
McDonald's
0.8 mi away
schools
Discovery Elementary School
1.8 mi away
government
West Palm Bay Post Office
2.7 mi away
fire stations
Palm Bay Fire Department Station 3
2.8 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1076654 · Listing Broker: RE/MAX Aerospace 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.