$300,000
●
House -
In Contract
1188 Ver Circle NE
Palm Bay, FL 32905
3 Beds
2 Baths
1,371 Ft²
$1,847
Est. Monthly
About This Property
Built in 2019, this well-built 3-bedroom, 2-bath home offers modern
construction with thoughtful design and quality finishes
throughout. Impact-rated windows provide peace of mind, while tile
flooring runs seamlessly through every room for easy
maintenance.
The spacious kitchen serves as the heart of the home, featuring ample counter space and an open layout ideal for everyday living and entertaining. Both bathrooms offer walk-in showers with a clean, contemporary feel.
Step outside to a generously sized backyard with no immediate rear neighbors, providing added privacy and plenty of space to relax or entertain. A 2-car garage adds convenience and extra storage. Located in Palm Bay, this home blends comfort, function, and newer construction--move-in ready and waiting for its next owner.
Also listed for sale with adjacent vacant lot.
The spacious kitchen serves as the heart of the home, featuring ample counter space and an open layout ideal for everyday living and entertaining. Both bathrooms offer walk-in showers with a clean, contemporary feel.
Step outside to a generously sized backyard with no immediate rear neighbors, providing added privacy and plenty of space to relax or entertain. A 2-car garage adds convenience and extra storage. Located in Palm Bay, this home blends comfort, function, and newer construction--move-in ready and waiting for its next owner.
Also listed for sale with adjacent vacant lot.
Unit Size
1,371 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$219
Property Type
House
Property Taxes
$373
HOA Dues
-
Year Built
2019
Listed By
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100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 5 months ago (Space Coast MLS #1076464)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 26, 2026 | Sold | ||
| Sold | |||
| May 31, 2026 | In contract | - | |
| In contract | |||
| May 15, 2026 | Relisted | $330,000 | |
| Relisted | |||
| May 10, 2026 | In contract | - | |
| In contract | |||
| May 4, 2026 | Listed by LaRocque & Co., Realtors | $330,000 | |
| Listed by LaRocque & Co., Realtors | |||
   | |||
|
Built in 2019, this 3-bedroom, 2-bath home delivers modern construction, thoughtful design, and quality finishes--enhanced by an included .18-acre buildable lot that opens the door to endless possibilities. Impact-rated windows offer peace of mind, while tile flooring flows seamlessly throughout for easy maintenance. The spacious kitchen features ample counter space and an open layout ideal for everyday living and entertaining. Both bathrooms include walk-in showers with a clean, contemporary feel.A 2-car garage adds convenience, while the NE Palm Bay location keeps you close to shopping, dining, and major roadways. A rare opportunity to own a move-in ready home with built-in expansion potential.
What truly sets this property apart is the additional lot--providing the flexibility to build a detached garage, workshop, RV/boat storage, guest house, or create an expansive outdoor retreat. Enjoy added privacy with no immediate rear neighbors and room to grow without compromise.
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Property Highlights
Garage
Air Conditioning
Parking Details
Has Garage
Parking Features: Additional Parking, Garage
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: Ceiling Fan(s), Walk-In Closet(s), Primary Bathroom - Shower No Tub, Split Bedrooms
Appliances: Dishwasher, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
Flooring Type: Tile
Laundry Features: In Unit
Exterior Details
Square Footage: 1371
Square Footage Source: $0
Security Features: Smoke Detector(s)
Property Condition: Updated/Remodeled
Year Built: 2019
Construction Materials: Block, Stucco
Patio and Porch Features: Porch, Rear Porch, Screened
Lot Features: Cleared, Other
Lot Size Area: 0.18
Lot Size Units: Acres
Lot Size Acres: 0.18
Lot Size Square Feet: 7841
Water Source: Public
Financial Details
Tax Annual Amount: $4,480
Utilities Details
Cooling Type: Central Air, Electric
Heating Type: Central, Electric
Sewer : Septic Tank
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Port Malabar
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Listed by: Melissa Berge, LaRocque & Co., Realtors
Last Updated: 5 months ago
Data Source: Space Coast MLS, MLS# 1076464
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Last Updated: 5 months ago
Data Source: Space Coast MLS, MLS# 1076464
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