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For SaleSingle Family Home
$298K
1486 Gray Street SE, Palm Bay, FL 32909
Palm Bay - St. Johns Heritage Parkway neighborhood
Subdivision: Port Malabar Unit 46
3
Bedrooms
2
Bathrooms
1,860
Sq Ft
2005
Year Built
$160 /sqft

About This Property

Description from listing agent

STOP THIS IS THE ONE! THIS HOME OFFERS SOARING VAULTED CEILINGS, PLANT SHELVES, SPLIT PLAN, SEPERATE BATH AND SHOWER IN PRIMARY BEDROOM, NEW WATER TREATMENT SYSTEM, ACCORDION HURRICAN SHUTTERS, ROOF 2023, A/C 2020. READY TO MOVE IN!!!!

Space Coast Context

🚀 Launch Viewing — Fair Views

44.5 mi from SLC-40

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

Aerospace Commute Guide
L3Harris12.4 mi~28 min
Northrop14.4 mi~32 min
Blue Origin38.5 mi~1h 26m
SpaceX39.7 mi~1h 28m
Lockheed39.7 mi~1h 28m
Boeing/KSC41.5 mi~1h 32m
KSC41.9 mi~1h 33m

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
  • 6/16/26
    Listed
    $298K
    $160/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 10 comparable sales in this area in the last 180 days.

Price vs. Comparable Sales
At market value
Median comparable close price: $295,000
Typical Offer Discount
97.9% of list price
At that rate, a competitive offer ≈ $291,602
Price Reductions
No reductions
Listed price has not changed since hitting the market
See & adjust the 10 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
0.23 acres (10,019 sqft)
Full Baths
2
Garage
2 car
Days on Market
71
MLS Area
343 - SE Palm Bay

Schools

Elementary

Sunrise

Middle School

Southwest

High School

Palm Bay

Financial & Listing Details

Listed
Jun 17, 2026
Parcel #
29-37-33-Kq-02077.0-0011.00
$298K

Listing Agent (for property info)

M
Maria B Gruttadauria
Space Coast Realty & Inv. LLC
321-794-4514
Call Listing Agent

Estimated Monthly Payment

$2,018/mo
Principal & interest
$1,570
Property taxes
$298
Insurance
$150

Based on a 6.90% rate, 30-year loan, and $298K price — down payment shown: $59,600.

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# 1080236

What's Nearby

schools
Sunrise Elementary School
0.8 mi away
schools
Odyssey Junior/Senior High
2.1 mi away
schools
Odyssey Prep Academy
2.1 mi away
fire stations
Palm Bay Fire Department Station 4
2.3 mi away
shopping
Chevron
2.3 mi away
government
Supervisor of Elections and Property Appraiser
2.5 mi away
government
City of Palm Bay
2.6 mi away
shopping
7-Eleven
2.7 mi away

Interested in this property?

Equal Housing Opportunity

MLS# 1080236 · Listing Broker: Space Coast Realty & Inv. 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.