55
Map
$375,000
↓ $15K (3.8%)
●
House -
For Sale
1512 Meadowbrook Road NE
Palm Bay, FL 32905
4 Beds
2 Baths
2,118 Ft²
$2,234
Est. Monthly
About This Property
Spacious, well maintained and ready to enjoy! This gorgeous home
offers 2,118 sq ft of living space, with a 4th bedroom providing
great flexibility as a home office or bonus space. An impressive
screened porch overlooks the private backyard, which backs to a
large green space with no rear neighbors in sight. The open kitchen
flows into the living area with a large bay window, while a huge
pantry provides exceptional storage. Located on one of Palm Bay's
most desirable streets, you'll enjoy a convenient location close to
everything, all with no HOA. Major improvements include a 2023
roof, 2025 water heater, 2019 Carrier HVAC, 2019 electrical panel,
PVC and copper plumbing and added attic insulation. RV/boat owners
will appreciate dedicated parking with a 30-amp hookup. Other
features include a whole-house water treatment system, reverse
osmosis at the kitchen sink & refrigerator, hurricane shutters,
impact-rated door, irrigation system on well, and an oversized
2-car garage.
Unit Size
2,118 Ft²
Days on Market
40 days
Land Size
0.26 acres
Price per sqft
$177
Property Type
House
Property Taxes
$392
HOA Dues
-
Year Built
1978
Listed By
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Cap Rate
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: 2 days ago (Space Coast MLS #1085472)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 13, 2026 | Price Decreased |
$375,000
↓ $15K
(3.9%) | |
| Price Decreased | |||
| Aug 19, 2026 | Listed by Keller Williams Realty Brevard | $390,000 | |
| Listed by Keller Williams Realty Brevard | |||
| May 15, 2024 | Sold | ||
| Sold | |||
| Apr 15, 2024 | In contract | - | |
| In contract | |||
| Feb 14, 2024 | Listed by Ellingson Properties | $375,000 | |
| Listed by Ellingson Properties | |||
 | |||
|
This charming, single-story residence offers space, peace, and serenity. This concrete block house backs to a lovely, wooded area and has plenty of room to park a boat or camper. The front courtyard area is the perfect place to enjoy your morning coffee and let your potted plants thrive. Enjoy low-maintenance tile and laminate flooring throughout—NO carpet! From the moment you enter this home, you'll be surrounded by plenty of natural light from the large windows and sliders. The large, airy kitchen includes plenty of cabinet space and a breakfast bar. Spacious primary bedroom has an attached bathroom with a large vanity and a tile-and-glass walk-in shower. The huge tiled, screened-in porch overlooks the fenced backyard with peaceful views of the green space behind and plenty of beautiful, mature palm trees dotting the green space. Recent improvements include a new roof in 2023 and fresh exterior paint in 2022.Just minutes away from I-95, major employers, and the best of Brevard!
| |||
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Property Highlights
Garage
Air Conditioning
Parking Details
Has Garage
Parking Features: Garage, RV Access/Parking
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: Breakfast Bar, Ceiling Fan(s), His and Hers Closets, Pantry, Walk-In Closet(s), Primary Bathroom - Shower No Tub, Split Bedrooms
Appliances: Dishwasher, Dryer, Electric Oven, Electric Range, Microwave, Refrigerator, Washer
Flooring Type: Tile
Laundry Features: Electric Dryer Hookup, In Unit, Sink, Washer Hookup
Exterior Details
Square Footage: 2118
Square Footage Source: $0
Security Features: Security System Owned
Year Built: 1978
Building Area Total: 3208
Levels: One
Construction Materials: Concrete, Stucco
Patio and Porch Features: Covered, Patio, Porch, Rear Porch, Screened
Lot Features: Sprinklers In Front, Sprinklers In Rear
Lot Size Area: 0.26
Lot Size Units: Acres
Lot Size Acres: 0.26
Lot Size Square Feet: 11325.6
Lot Size Dimensions: 100 x 112
Water Source: Public
Financial Details
Tax Annual Amount: $4,702
Utilities Details
Cooling Type: Central Air, Electric
Heating Type: Central, Electric
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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ft²
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HOA + Taxes
About Port Malabar
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Listed by: Amy Lucas, Keller Williams Realty Brevard
Last Updated: 2 days ago
Data Source: Space Coast MLS, MLS# 1085472
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: 2 days ago
Data Source: Space Coast MLS, MLS# 1085472
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