new - 2 days on rocket

1501 Olympia Ave SW, Palm Bay, FL, 32908

$425,000

Home List Price

$5,047*

Closing Credit

5 Bedrooms
3 Full Baths
2,576 SqFt
$165/SqFt
House

Location

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1501 Olympia Ave SW, Palm Bay$425,000

Buyer Closing Credits

$5,047*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage Door Opener, RV Access/Parking
Garage2 spaces
Year Built1989
HeatingCentral, Electric
CoolingAttic Fan, Central Air, Electric, Multi Unit(s)
MLS #1027481
Lot Size0.82 Acres
StatusActive

About 1501 Olympia Ave SW

Are you looking for a huge yard with a home that offers many options for bedrooms??? This is a 5 bedroom, 3 bath home with 2 screened porches backing to a drainage canal for extra privacy! In the last 4 years seller has installed new laminate flooring, fire alarm & sprinkler system, propane gas generator, water treatment system & security system. Whole house attic fan. Tiled or lam flooring. A true eat-in kitchen with 2 pantries! Bedroom #1 has walk-in 3.5x4 tiled shower, 2 sink vanity & walk-in 5x9 closet, 3 sets of sliders off family room & bedrooms 2&3. Bath #2 is between bedrooms 3&4 with a walk-in tiled 3x5 shower. Bath #3 is guest bath with tiled tub/shower & right next to Bedroom #5. 2 AC units. Storm shutters. Ceiling fans everywhere. This home could work as 2 family home, guest area, in-law situation or ?. Home has been used as an assisted living facility & license can be purchased separately. Enough room to park the boat, RV or build another garage for storing all your toys!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1989
  • Stories: 1
  • Living Area: 2,576 SqFt

Listing Office:

  • Office Name: Elite Real Estate
  • Office Phone: (321) 775-8210
  • Listing Agent: Diane Moon

Interior Features

Interior Information:

  • Appliances: Dryer, Electric Range, Electric Water Heater, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Washer, ENERGY STAR Qualified Water Heater, Microwave, Refrigerator, Washer
  • Flooring Type: Laminate, Tile
  • Interior: Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Guest Suite, In-Law Floorplan, Pantry, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Exterior: Storm Windows

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Garage Door Opener, RV Access/Parking

Virtual/3D Tour

  • Virtual Tour: 1501 Olympia Ave SW
Virtual Tour

Lot Features

Lot Information:

  • Lot: Cleared, Drainage Canal, Few Trees, Irregular Lot
  • Lot Size: 0.82 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Attic Fan, Central Air, Electric, Multi Unit(s)

School Info

Assigned Schools Information:

  • Bayside High School, Public District Grades 9-12
  • Southwest Middle School, Public District Grades 7-8
  • Westside Elementary School, Public District Grades KG-6

Other

Directions Information:

  • Directions: Exit 173 off I-95 and head west on Malabar Road. Turn left (south) on Emerson and continue into Bayside Lake going past Bayside High School. Once past DeGroodt intersection, start to look for Olympia on your right, should be about third street west of DeGroodt. Turn right on to Olympia and head north until just before the curve and home is on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $425,000
  • Price Per SqFt: $165/SqFt

Tax Information:

  • Annual Amount: $838
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$329.9K

Med. Price/SqFt

$193

Avg. Days On Market

59

# of Sold Homes

218

1501 Olympia Ave SW vs Palm Bay

2 DAYS ON ROCKET

-57 Days

$425,000

+$95K More

$165/SqFt

-$29 Less

KEY TAKEAWAY

This property is $95K more than the Median Sold Price and $29/SqFt less 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: #1027481

Listing Office:

  • Office Name: Elite Real Estate
  • Office Phone: (321) 775-8210
  • Listing Agent: Diane Moon

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: 10/22/2024, 9:20:56 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

Aug 12, 2020Home Sold
$263,000

Tax History

YEARPROP. TAXASSESSMENT
2020$838$80,630
2019$695$78,820
2018$714$77,360
2017$714$75,770

History based on county public records data.

Payment Calculator

$2,189

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,341

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.

Elementary School

school-card-donut-566292
7
/10
  • Westside Elementary School

  • 2175 Degroodt Rd SW

  • 1.17 miles

  • Public District Grades KG-6

Middle School

school-card-donut-566293
2
/10
  • Southwest Middle School

  • 451 Eldron Blvd SE

  • 2.40 miles

  • Public District Grades 7-8

High School

school-card-donut-566294
3
/10
  • Bayside High School

  • 1901 Degroodt Rd SW

  • 0.74 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $56,628. The majority of Palm Bay, FL residents have income between $35k-100k annually. Typical family type is married, with kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1501 Olympia Ave SW

What is the listing price of this property?

The listing price of 1501 Olympia Ave SW property is $425,000.

What type of property is this?

The property 1501 Olympia Ave SW is a house located in Palm Bay, Florida, 32908.

Is this property for sale now?

Active Listing: 1501 Olympia Ave SW is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1501 Olympia Ave SW are:
Westside Elementary School: GreatSchools Rating 7/10
Southwest Middle School: GreatSchools Rating 2/10
Bayside High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $838 (source: MLS/based on county public records data).

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

The last sale was on August 12, 2020 for $263,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1501 Olympia Ave SW has 5 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 1501 Olympia Ave SW is 2,576 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1501 Olympia Ave SW is 1989.

Rocket HomesFloridaBrevard CountyPalm Bay329081501 Olympia Ave SW

This home is located at 1501 Olympia Ave SW in Palm Bay, FL and zip code 32908 in the Port Malabar neighborhood. This 2,576 square foot home, which was built in 1989, sits on a 0.82 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 19, 2024 and is currently priced at $425,000.

In September 2024 more than 21 listings in Palm Bay, FL were sold above the asking price. During the same period more than 91 listings were sold at asking price, while more than 106 were sold below. The inventory of homes for sale in Palm Bay, FL between August 2024 and September 2024 decreased by 0.6%. Listings spent 59 days on the market in September 2024, and had a median list price of $329,943 during the same period.

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

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