Check Availability
Brevard 32948
5115 Madras Drive NW
$399,900
● House - In Contract

5115 Madras Drive NW

Palm Bay, FL 32907
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,802 Ft²
$2,040
Est. Monthly
$20
HOA / Fees

About This Property

Under Construction.  Welcome to The Carlisle, where space, style, water views, and modern functionality meet in the heart of Malabar Springs, Palm Bay's premier gated community. From the moment you arrive, the curb appeal draws you in with a stunning stone-accented exterior, elegant window shutters, and a professional paver driveway leading to a spacious 2-car garage with extra storage. Step through the covered front porch and into a thoughtfully designed interior featuring sleek ceramic tile flooring, upgraded door hardware, and brushed nickel accents throughout.

The first floor is built for both productivity and relaxation, centered around a versatile den with double French glass doors that serves as the perfect home office. A convenient half bath with a pedestal sink is tucked away nearby, while the heart of the home features a spacious Great Room brightened by additional LED flush mount lighting. This open-concept space flows seamlessly into a chef-inspired kitchen equipped with Shaker cabinets, quartz countertops, a walk-in pantry, and premium stainless steel appliances. Adjacent to the kitchen, a cozy kitchen nook provides the perfect spot for casual dining. For effortless indoor-outdoor living, head through the sliding doors to your screened-in lanai, overlooking partial water view of the community pond and a lush yard maintained by a built-in irrigation system and protected by hurricane shutters.

Follow the wrought iron handrail upstairs to discover a second level designed for the modern lifestyle. An open loft serves as a flexible media room or gym, surrounded by four spacious bedrooms and a second bath featuring a dual vanity and ceramic tile shower walls. The primary suite is a true sanctuary, boasting a tray ceiling with crown molding and a spa-like bath complete with a garden tub, enclosed walk-in shower, and a massive walk-in closet. For ultimate convenience, the full-size laundry room with appliance hook-ups is also located on this floor.

This home is as smart as it is beautiful, fully equipped with a Ring Video Doorbell, Smart Thermostat, Keyless Entry Smart Door Lock, and Deako switches for enhanced security and ease. Located just minutes from Fred Poppe Regional Park and Three Forks Conservation Area, Malabar Springs offers residents a resort-style pool, cabana, and scenic walking trails. The Carlisle is more than just a floor plan; it's the place you'll love to call home.
Unit Size
2,802 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$143
Property Type
House
Property Taxes
$56
HOA Dues
$20
Year Built
-

Listed By

Olivia Ball
New Home Star Florida LLC

Payment Calculator

Cap Rate Calculator

Last updated: 2 months ago (Space Coast MLS #1071738)

Price History

Date / Event Date Event Price
Aug 21, 2026 In contract -
In contract
Jul 2, 2026 Price Decreased $399,900
↓ $10K (2.4%)
Price Decreased
Mar 26, 2026 Price Decreased $409,900
↓ $23K (5.3%)
Price Decreased
Mar 12, 2026 Listed by New Home Star Florida LLC $432,900
Listed by New Home Star Florida LLC

Property Highlights

Garage
Air Conditioning
With View
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Garage Door Opener
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Breakfast Bar, Entrance Foyer, Kitchen Island, Open Floorplan, Pantry, Smart Home, Smart Thermostat, Walk-In Closet(s), Primary Bathroom -Tub with Separate Shower
Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater, Microwave
Flooring Type: Carpet, Tile
Laundry Features: Electric Dryer Hookup, Washer Hookup
Rooms: 5
Exterior Details
Square Footage: 2802
Square Footage Source: $0
Security Features: Security Gate, Smoke Detector(s)
Property Condition: To Be Built
Architectural Style: Traditional
Year Built: 2026
Building Area Total: 3677
Levels: Two
Construction Materials: Block, Frame, Stone, Stucco, Vinyl Siding
Patio and Porch Features: Covered, Front Porch, Patio, Screened
Lot Features: Sprinklers In Front, Other
Lot Size Area: 0.14
Lot Size Units: Acres
Lot Size Acres: 0.14
Lot Size Square Feet: 6098
Water Source: Public
Financial Details
Tax Annual Amount: $666
Utilities Details
Cooling Type: Central Air, Electric
Heating Type: Central, Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Amenities: Dog Park, Gated, Jogging Path, Playground, Water
HOA Fee: $240
HOA Fee Frequency: Annually

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Brevard


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 2412 Carrick Street Nw, Palm Bay, FL, 32907

$2,500 /mo

  • 4 Beds
  • 2 Baths
  • 2,161 ft²
2412 Carrick Street Nw, Palm Bay, FL, 32907 Listing by Eloisa Marrero
Unit for rent at 661 Papillon Street Sw, Palm Bay, FL, 32908

$2,050 /mo

  • 3 Beds
  • 2 Baths
  • 1,451 ft²
661 Papillon Street Sw, Palm Bay, FL, 32908 Listing by Chuck Alzamora
Unit for rent at 1812 Glenridge Street Nw, Palm Bay, FL, 32907

$1,950 /mo

  • 3 Beds
  • 2 Baths
  • 1,212 ft²
1812 Glenridge Street Nw, Palm Bay, FL, 32907 Listing by Judith M. Cates


Frequently Asked Questions

When was property at 5115 Madras Drive built and last sold?
The property at 5115 Madras Drive was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 5115 Madras Drive is $413,772.
What are some comparable homes to 5115 Madras Drive?
There are currently no comparable homes to 5115 Madras Drive.