26 days on rocket

1040 Colonial Ave SE, Palm Bay, FL, 32909

$352,500

Home List Price

$4,186*

Closing Credit

3 Bedrooms
2 Full Baths
1,515 SqFt
$233/SqFt
House

Location

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1040 Colonial Ave SE, Palm Bay$352,500

Buyer Closing Credits

$4,186*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Garage
Attached Garage2 spaces
Year BuiltNew Const., 2025
HeatingCentral
CoolingCentral Air
MLS #1027982
Lot Size0.23 Acres
StatusActive

About 1040 Colonial Ave SE

$10,000 FLEX CASH INCENTIVE which can be used for rate buy down, and pre-paids. Only $1,000 deposit required, and all closing costs paid (excluding escrow accounts), saving you up to $6,500 with our approved lender! NEW CONSTRUCTION. NO CDD!! This home features a great room, kitchen, and baths. Stunning cabinets with crown molding enhance the stainless steel appliances. The owner's suite includes a walk-in closet and a 5' shower in the bath. Additional features include Moen brushed nickel faucets, five-panel doors, and a covered lanai. STONE ACCENTS & BRICK PAVERS NOT INCLUDED.

Property Details

Property Features

Property Information:

  • Year Built: 2025
  • Stories: 1
  • Living Area: 1,515 SqFt

Listing Office:

  • Office Name: Adams Homes Realty, Inc.
  • Office Phone: (321) 751-1530
  • Listing Agent: Kimberly Gankos, N. Duncan Hudnall

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Oven, Electric Range, Microwave, Plumbed For Ice Maker

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Storm Windows

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached, Garage

Virtual/3D Tour

  • Virtual Tour: 1040 Colonial Ave SE
Virtual Tour

Lot Features

Lot Information:

  • Lot: Dead End Street
  • Lot Size: 0.23 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From Malabar Rd and Emerson Dr SE, Turn right onto Airoso Rd SE, Turn right onto Cherokee Rd SE, Turn left at the 1st cross street onto Colonial Ave SE Destination will be on the right

Price Information

Listing Price Info

Price Summary:

  • List Price: $352,500
  • Price Per SqFt: $233/SqFt

Tax Information:

  • Annual Amount: $240
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Palm Bay, FL.

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Palm Bay, FL

City

Med. Sold Price

$330K

Med. Price/SqFt

$193

Avg. Days On Market

64

# of Sold Homes

190

1040 Colonial Ave SE vs Palm Bay

26 DAYS ON ROCKET

-38 Days

$352,500

+$22.5K More

$233/SqFt

+$40 More

KEY TAKEAWAY

This property is $22.5K more than the Median Sold Price and $40/SqFt more than other homes in Palm Bay, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Space Coast MLS (Space Coast Association of REALTORS®)
  • MLS Number: #1027982

Listing Office:

  • Office Name: Adams Homes Realty, Inc.
  • Office Phone: (321) 751-1530
  • Listing Agent: Kimberly Gankos, N. Duncan Hudnall

IDX Copyright © 2024 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 6:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 01, 2017Home Sold
$204,900
Jun 17, 2008Home Sold
$2,485,200
Sep 01, 2005Home Sold
$64,500

Tax History

YEARPROP. TAXASSESSMENT
2020$240$12,500
2019$244$9,240
2018$210$8,400
2017$210$7,000

History based on county public records data.

Payment Calculator

$1,827

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,123

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-207265
4
/10

  • Columbia Elementary School

  • 1225 Waco Blvd SE

  • 1.00 miles

  • Public District Grades PK-6

school-card-donut-207266
3
/10

  • John F. Turner Senior Elementary School

  • 3175 Jupiter Blvd SE

  • 1.21 miles

  • Public District Grades PK-6

school-card-donut-207267
6
/10

  • Odyssey Preparatory Charter Academy

  • 1350 Wyoming Dr SE

  • 2.05 miles

  • Public Charter Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $47,361. The majority of Palm Bay, FL residents have income between $35k-100k annually. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Palm Bay, FL

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Palm Bay, FL?

Palm Bay's housing market is diverse, offering a range of options from single-family homes to multi-family units. The architectural styles vary, with a noticeable presence of contemporary and ranch-style homes. The area has seen growth with new developments complementing the existing housing stock, which includes homes built from the 1970s onwards. The homeownership rate in Palm Bay is robust, reflecting a community invested in property ownership and stability.

Is Palm Bay, FL a good place to live?

Palm Bay is celebrated for its laid-back coastal lifestyle and natural beauty, with numerous parks and outdoor recreational opportunities. The community prides itself on a family-friendly atmosphere, with events like the Palm Bay Fair that highlight local culture and bring residents together. The city's character is further defined by its proximity to the Indian River Lagoon, appealing to those who appreciate water activities and conservation efforts.

Are things conveniently located in Palm Bay, FL?

The city of Palm Bay is served by a network of public schools, including elementary, middle, and high schools, as well as private educational institutions that cater to a range of learning preferences. Healthcare services are accessible, with facilities offering urgent care, primary care, and specialized medical services. The public library system supports lifelong learning and community engagement. Retail and dining options in Palm Bay reflect the local culture, with a mix of familiar chains and unique local establishments.

What does the transportation in Palm Bay, FL look like?

Transportation in Palm Bay includes a public bus system with established routes that connect key areas of the city. Ride-sharing services are available, providing additional options for residents and visitors. The city's layout and infrastructure support a car-dependent lifestyle, with major roads and highways facilitating travel to nearby cities and attractions. Efforts to enhance walkability and bikeability are ongoing, aiming to improve the overall accessibility of the city.

Frequently Asked Questions About 1040 Colonial Ave SE

What is the listing price of this property?

The listing price of 1040 Colonial Ave SE property is $352,500.

What type of property is this?

The property 1040 Colonial Ave SE is a house located in Palm Bay, Florida, 32909.

Is this property for sale now?

Active Listing: 1040 Colonial Ave SE is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $240 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on November 1, 2017 for $204,900. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1040 Colonial Ave SE has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1040 Colonial Ave SE is 1,515 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1040 Colonial Ave SE is 2025.

Rocket Homes›Florida›Brevard County›Palm Bay›32909›1040 Colonial Ave SE

This home is located at 1040 Colonial Ave SE in Palm Bay, FL and zip code 32909. This 1,515 square foot home, which was built in 2025, sits on a 0.23 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 25, 2024 and is currently priced at $352,500.

In October 2024, from all listings sold in Palm Bay, FL there were more than 28 sold above asking price, over 85 sold below and more than 77 were sold right at the asked price. The number of listings in Palm Bay, FL increased by 1.7% between September 2024 and October 2024. In October 2024, listings were on the market for 64 days. During the same period, the median list price in this real estate market was $330,000.

From Rocket Homes Real Estate and based on county public records data.

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