
$469,990
5195 Madras Drive
Palm Bay, FL 32907
Listing updated: June 14, 2026 at 1:01 AM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Garage spaces
Flood zone
About this home
Move-in Ready! Welcome to the highly sought-after Sandalwood floorplan, where luxury meets tranquility in the brand new Malabar Springs community. This stunning, sprawling one-story home w/ 3-car garage offers an exceptional living experience, perfectly situated across from the scenic 35,000-acre Three Forks conservation area. Step inside to discover a wide, welcoming foyer that leads into a bright, open-concept oasis. The heart of the home is a chef-inspired kitchen, boasting an oversized island, walk-in pantry, and seamless views into the expansive great room—an entertainer’s delight! This functional layout includes 4 bedrooms, 3 baths, study, and an en-suite perfect for hosting guests in comfort. Retreat to the opulent owner’s suite, featuring an elegant 10'4" tray ceiling. The spa-like bathroom is a true sanctuary with a massive 8-foot shower, built-in bench seat, and sleek frameless glass enclosure. Outdoors, the included lanai beckons you to unwind and soak in the breathtaking Florida sunsets over the glistening lake. All Ryan Homes now include WIFI-enabled garage opener and Ecobee thermostat. **Closing cost assistance is available with use of Builder’s affiliated lender**. DISCLAIMER: Prices, financing, promotion, and offers subject to change without notice. Offer valid on new sales only. See Community Sales and Marketing Representative for details. Promotions cannot be combined with any other offer. All uploaded photos are stock photos of this floor plan. Actual home may differ from photos. Schools: Elem: Jupiter Elementary School; Middle: Southwestern Middle School; HS: Heritage High School.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history0 days on market
- Status: ActiveJun 13, 2026
- Listed$469,990Jun 13, 2026
- Price increased$469,990
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Active
- Days on market
- 0
- Subdivision
- Malabar Springs
- County
- Brevard
- Year built
- 2026
- Living area
- 2,551 sq ft
- Price/sq ft
- $184
- Building area
- 3,140 sq ft (Builder)
- Lot size
- 8,309 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- X
- Garage
- 3 spaces
- Parcel #
- 28-36-32-25-I-5
- Zoning
- 00
- MLS #
- W7886715
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Interior Details
- Bedrooms
- 4
- Full bathrooms
- 3
- Flooring
- Ceramic Tile, Concrete
- Appliances
- Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
- Interior features
- Crown Molding, Eat-in Kitchen, High Ceilings, Open Floorplan, Primary Bedroom Main Floor, Stone Counters, Thermostat, Tray Ceiling(s), Walk-In Closet(s)
- Laundry
- Inside
- Stories / Levels
- One
- Direction faces
- South
- New construction
- Yes
Heating & Cooling
- Heating
- Central
- Cooling
- Central Air
Parking
- Garage spaces
- 3
- Attached garage
- Yes
- Parking features
- Driveway, Garage Door Opener
HOA & Financial
- HOA fee
- $20 / Monthly
- Monthly HOA
- $20/mo
- Total monthly fees
- $20/mo
- Total annual fees
- $240
- HOA name
- RYAN HOMES
- CDD
- Yes
- Min lease term
- 7 Months
- Listing terms
- Cash, Conventional, FHA, VA Loan
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- Yes
- Additional lease restrictions
- No short term lease.
Exterior & Construction
- Exterior features
- French Doors, Hurricane Shutters
- Construction materials
- Block, Stucco, Frame
- Roof
- Shingle
- Foundation
- Slab
- Road surface
- Paved
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- BB/HS Internet Available, Cable Available
Community
- Pets allowed
- Number Limit
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Great Room | First | 20x18 |
| Kitchen | First | 14x18 |
| Dining Room | First | 13x11 |
| Primary Bedroom | First | 14x17 |
| Primary Bathroom | First | 24x12 |
| Bedroom 2 | First | 11x10 |
| Bedroom 3 | First | 12x10 |
| Bedroom 4 | First | 12x10 |
| Den | First | 13x10 |
| Laundry | First | 6x6 |
| Foyer | First | 4x12 |
| Balcony/Porch/Lanai | First | 19x10 |
Listing Details
- Listing date
- 2026-06-13
- On market date
- 2026-06-13
- Original list price
- $469,990
- Occupant type
- Vacant
- MLS area
- 32907 - Palm Bay/Melbourne
- Listing AOR
- West Pasco
- Home warranty
- Yes
- Status changed
- 2026-06-13
- Tax legal description
- MALABAR SPRINGS PHASE 1 LOT 5 BLK I
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
St. John's Heritage Parkway to the light at Malabar next to the brand new Publix, turn right on Malabar Rd, go past Heritage High School and the community is on the right, turn right into the community and drive straight until you see the model homes.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of June 14, 2026 at 1:01 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA