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506 Lambert St SW, Palm Bay, FL, 32908

$306,990

Home List Price

$3,646*

Closing Credit

4 Bedrooms
2 Full Baths
2,052 SqFt
$150/SqFt
House

Location

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506 Lambert St SW, Palm Bay$306,990

Buyer Closing Credits

$3,646*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Garage
Attached Garage2 spaces
Year BuiltNew Const., 2025
HeatingCentral, Electric
CoolingCentral Air, Electric
MLS #1029498
Lot Size0.23 Acres
StatusActive

About 506 Lambert St SW

Welcome to Palm Bay, a vibrant city known for its sunny weather, beautiful parks, and access to the stunning Indian River. This welcoming community offers a perfect blend of relaxation and outdoor adventure, making it an ideal place to call home. With over 2,000 square feet of living space, the practical and thoughtfully designed layout is an ideal Florida-style home and one of our top-selling plans. Enter through the protected front door into your new floorplan, where a flexible space flanks the foyer. Your new home features three secondary bedrooms, each offering private space for guests or special-use rooms—ideal for a craft room, playroom, or exercise space. As you continue through the foyer, you'll arrive at the heart of your home. The kitchen boasts a walk-in pantry and an island with bar-top seating, seamlessly integrating with the great room for multitasking. Plus, hurricane shutters are INCLUDED! This open-concept layout is perfect for creating special moments together, whether cooking, watching movies, playing games, or just relaxing. The master suite is thoughtfully tucked away, creating a popular split-bedroom plan. It includes a large walk-in closet and a walk-in shower, providing a private retreat. The master bath is enhanced with dual vanities and beautiful shaker-style cabinets, offering both functionality and timeless appeal. These cabinets add a touch of elegance while providing ample storage space, complementing the modern aesthetic of the home. The home is also equipped with Energy Star Qualified windows and Energy Star Qualified appliances, ensuring improved energy efficiency, lower utility costs, and a more sustainable living environment. Best of all, there are no HOA fees, giving you the freedom and flexibility to truly make this home your own. Additional upgrades, such as hurricane shutters, a shingle upgrade, and an extended outdoor patio, enhance both the safety and enjoyment of this exceptional home. Don't miss your chance to make it yours!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch,Other
  • Year Built: 2025
  • Stories: 1
  • Living Area: 2,052 SqFt

Listing Office:

  • Office Name: New Home Star Florida LLC
  • Office Phone: (703) 447-8185
  • Listing Agent: Christina Long Cox

Interior Features

Interior Information:

  • Appliances: Disposal, Electric Oven, Electric Range, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Water Heater, Microwave
  • Flooring Type: Carpet, Tile
  • Interior: Breakfast Bar, Eat-in Kitchen, Entrance Foyer, Kitchen Island, Open Floorplan, Pantry, Primary Bathroom - Shower No Tub, Smart Thermostat, Split Bedrooms, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Storm Windows

Parking Information:

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

Virtual/3D Tour

  • Virtual Tour: 506 Lambert St SW
Virtual Tour

Lot Features

Lot Information:

  • Lot: Other
  • Lot Size: 0.23 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric

Other

Directions Information:

  • Directions: From I-95 N, take Exit 173 for Malabar Rd/FL-514 W. Head west on Malabar Rd for about 5 miles, then turn left onto Babcock St. SW. After about a mile, turn right onto Lambert St. SW. Your destination will be on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $306,990
  • Price Per SqFt: $150/SqFt

Tax Information:

  • Annual Amount: $113
  • 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

506 Lambert St SW vs Palm Bay

1 DAY ON ROCKET

-63 Days

$306,990

-$23K Less

$150/SqFt

-$43 Less

KEY TAKEAWAY

This property is $23K less than the Median Sold Price and $43/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: #1029498

Listing Office:

  • Office Name: New Home Star Florida LLC
  • Office Phone: (703) 447-8185
  • Listing Agent: Christina Long Cox

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: 11/14/2024, 12:20:56 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

Apr 19, 2005Home Sold
$70,000

Tax History

YEARPROP. TAXASSESSMENT
2020$113$5,000
2019$148$3,880
2018$151$4,200
2017$151$4,000

History based on county public records data.

Payment Calculator

$1,600

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$987

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-139804
7
/10

  • Westside Elementary School

  • 2175 Degroodt Rd SW

  • 2.35 miles

  • Public District Grades PK-6

school-card-donut-139805
6
/10

  • Sunrise Elementary School

  • 1651 Mara Loma Blvd SE

  • 3.56 miles

  • Public District Grades PK-6

school-card-donut-139806
6
/10

  • Odyssey Preparatory Charter Academy

  • 1350 Wyoming Dr SE

  • 4.12 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 $56,628. The majority of Palm Bay, FL residents have income between $35k-100k annually. Most families are married, with kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 506 Lambert St SW

What is the listing price of this property?

The listing price of 506 Lambert St SW property is $306,990.

What type of property is this?

The property 506 Lambert St SW is a house located in Palm Bay, Florida, 32908.

Is this property for sale now?

Active Listing: 506 Lambert St SW 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 $113 (source: MLS/based on county public records data).

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

The last sale was on April 19, 2005 for $70,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 506 Lambert St SW has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 506 Lambert St SW is 2,052 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 506 Lambert St SW is 2025.

Rocket Homes›Florida›Brevard County›Palm Bay›32908›506 Lambert St SW

This home is located at 506 Lambert St SW in Palm Bay, FL and zip code 32908 in the Port Malabar neighborhood. This 2,052 square foot home, which was built in 2025, sits on a 0.23 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 13, 2024 and is currently priced at $306,990.

In October 2024 more than 28 listings in Palm Bay, FL were sold above the asking price. During the same period more than 77 listings were sold at asking price, while more than 85 were sold below. In October 2024 in Palm Bay, FL there were 1.7% more homes for sale than in September 2024. The median list price of listings available in October 2024 was $330,000, while the average time on the real estate market was 64 days.

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

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