4 months on rocket

Backup Offers

2876 Stearns Ave NE, Palm Bay, FL, 32905

$400,000

Home List Price

$4,750*

Closing Credit

4 Bedrooms
4 Full Baths
2,096 SqFt
$191/SqFt
Multi

Location

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2876 Stearns Ave NE, Palm Bay$400,000

Buyer Closing Credits

$4,750*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOff Street, RV Access/Parking, Shared Driveway
Year Built1956
HeatingCentral
CoolingCentral Air
ViewTrees/Woods
MLS #1018406
Lot Size0.59 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 2876 Stearns Ave NE

This property is currently generating income with a vacation rental in the main home and a tenant in the guest home. Ideal for multigenerational living or as an investment opportunity, this property is located on a 1/2 an acre. The main home features four bedrooms, two bathrooms, and an upgraded kitchen. The guest home is a studio with a private bathroom and walk-in closet. The property is being sold fully furnished. The home is connected to city water and septic, with city sewer available. Recent updates include a roof installed in 2022, both AC units in 2021, and water heaters in 2021. There is ample parking for RVs, boat trailers, and multiple vehicles. Enjoy a short walk to the Indian River and the convenience of nearby shopping, restaurants, theaters, and hospitals. Downtown Melbourne is just an eight-minute drive away!

Property Details

Property Features

Property Information:

  • Year Built: 1956
  • Stories: 1
  • Living Area: 2,096 SqFt

Listing Office:

  • Office Name: RE/MAX Aerospace Realty
  • Office Phone: (321) 631-5511
  • Listing Agent: Jennifer J Coley

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
  • Flooring Type: Vinyl

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • View: Trees/Woods

Parking Information:

  • Attached Garage: No
  • Parking: Off Street, RV Access/Parking, Shared Driveway

Virtual/3D Tour

  • 3D Tour: 2876 Stearns Ave NE
3D Tour

Lot Features

Lot Information:

  • Lot Size: 0.59 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From US Hwy 1, west on Palm Bay Road. Right on main St, left on Stearns. Home is on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $400,000
  • Price Per SqFt: $191/SqFt

Tax Information:

  • Annual Amount: $2,088
  • 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

2876 Stearns Ave NE vs Palm Bay

136 DAYS ON ROCKET

+72 Days

$400,000

+$70K More

$191/SqFt

-$2 Less

KEY TAKEAWAY

This property is $70K more than the Median Sold Price and $2/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: #1018406

Listing Office:

  • Office Name: RE/MAX Aerospace Realty
  • Office Phone: (321) 631-5511
  • Listing Agent: Jennifer J Coley

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: 11/15/2024, 10:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 21, 2020Home Sold
$83,900

Tax History

YEARPROP. TAXASSESSMENT
2020$2,088$101,290
2019$2,102$89,770
2018$1,954$94,570
2017$1,954$76,770

History based on county public records data.

Payment Calculator

$2,064

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,266

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-48227
3
/10

  • Palm Bay Elementary School

  • 1200 Alamanda Rd NE

  • 0.75 miles

  • Public District Grades PK-6

school-card-donut-48228
10
/10

  • Gemini Elementary School

  • 2100 Oak St

  • 2.18 miles

  • Public District Grades KG-6

school-card-donut-48229
3
/10

  • University Park Elementary School

  • 500 W University Blvd

  • 3.10 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $47,833. Residents of Palm Bay, FL typically earn less than $35k each year. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Florida›Brevard County›Palm Bay›32905›2876 Stearns Ave NE

This home is located at 2876 Stearns Ave NE in Palm Bay, FL and zip code 32905 in the Tillman neighborhood. This 2,096 square foot home, which was built in 1956, sits on a 0.59 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since July 02, 2024 and is currently priced at $400,000.

Palm Bay, FL housing market in October 2024 saw over 28 listings sold above listed price, more than 77 sold at listed price and over 85 sold below. Between September 2024 and October 2024, Palm Bay, FL real estate market has seen increase in the number of listings by 1.7%. In October 2024 median list price was $330,000 and the average listing age was 64 days.

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

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