$195,000
450 Topeka
Palm Bay, FL 32908
Listing updated: June 20, 2026 at 5:11 PM ET
Listing courtesy of Olympus Executive Realty Inc · Whittney Self · MLS #O6417109 · Active · 407-469-0090Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Garage spaces
Flood zone
About this home
- Welcome to 450 Topeka Rd, Palm Bay, FL — a ranch-style home offering a great opportunity to add your personal style while benefiting from several major system updates already completed. Located in an established neighborhood, this property is ideal for buyers looking for value, functionality, and room to make improvements over time. Inside, you’ll find a functional layout with minor cosmetic updates needed throughout, giving the next owner the chance to customize and create their ideal space. The bathroom remains in original condition and presents an excellent renovation opportunity. Recent improvements include a new AC unit, new water softener system, and new refrigerator and stove, helping reduce immediate expenses on key components. Needs cosmetics updating and Roof. Additional updates to consider include future roof replacement, window modernization, and cosmetic enhancements—making this a strong option for buyers wanting to build equity while creating a home that fits their vision. Conveniently located in growing Palm Bay with access to shopping, dining, parks, and Florida’s beautiful Space Coast amenities. Schedule your showing today and imagine the possibilities this home can bring! Investors special!
Local Insight
At $185/sqft for a 1988 home in Port Malabar, you're looking at solid entry-level pricing in Palm Bay, though the age and modest square footage mean you're likely getting an older layout and potentially facing near-term maintenance on systems that are 35+ years old. The no-HOA setup and X flood zone are genuine positives for a property at this price point, but the real question is whether the bones justify that price or if you're looking at a flip candidate—the 360° tour should tell you quickly whether this is move-in ready or a project. Given Palm Bay's GDC-planned infrastructure backbone, you're getting a more organized community than typical Space Coast towns, but this particular pocket (older inland, not the established NE waterfront) means you're trading location character for affordability.
AI-generated insight based on listing data and neighborhood context. Verify independently.
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 history4 days on market
- Status: ActiveJun 16, 2026
- Listed$240,000Jun 16, 2026
- Price reduced$195,000
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Active
- Days on market
- 4
- Subdivision
- Port Malabar Unit 20
- County
- Brevard
- Year built
- 1988
- Living area
- 1,056 sq ft
- Price/sq ft
- $185
- Building area
- 1,488 sq ft (Public Records)
- Lot size
- 390 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- x
- Garage
- 2 spaces
- Annual taxes
- $467 (2025)
- Parcel #
- 29-36-02-GI-1048-11
- Zoning
- RESI
- MLS #
- O6417109
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Interior Details
- Bedrooms
- 3
- Full bathrooms
- 2
- Flooring
- Tile
- Appliances
- Range, Refrigerator
- Interior features
- Ceiling Fans(s), Primary Bedroom Main Floor
- Laundry
- Laundry Room
- Stories / Levels
- One
- Direction faces
- East
Heating & Cooling
- Heating
- Central
- Cooling
- Central Air
Parking
- Garage spaces
- 2
- Attached garage
- Yes
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Homestead exemption
- Yes
- Min lease term
- No Minimum
- Listing terms
- Cash, Conventional
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- No
Exterior & Construction
- Exterior features
- None
- Construction materials
- Wood Siding
- Roof
- Other
- Foundation
- Slab
- Road surface
- Paved
Utilities
- Sewer
- None
- Water source
- Public
- Utilities
- Cable Available, Electricity Available
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Kitchen | First | |
| Living Room | First | |
| Primary Bedroom | First |
Listing Details
- Listing date
- 2026-06-15
- On market date
- 2026-06-16
- Original list price
- $240,000
- Occupant type
- Tenant
- MLS area
- 32908 - Palm Bay/Melbourne
- Listing AOR
- Orlando Regional
- Status changed
- 2026-06-16
- Tax legal description
- PORT MALABAR UNIT 20 LOT 11 BLK 1048
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
From I-95 (Exit 173 – Malabar Road / SR-514), head west on Malabar Rd. Continue approximately 6 miles, then turn left onto DeGroodt Rd SW. Continue north, then turn left onto Jupiter Blvd SW. Turn left onto Walpole Rd SW, then left onto Topeka Rd SW. The home will be on your right.
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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 20, 2026 at 5:11 PM 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