$401,990
3155 Madras Drive
Palm Bay, FL 32907
Listing updated: September 20, 2026 at 4:05 PM ET
Listing courtesy of Maltbie Realty Group · Bill Maltbie · MLS #W7888274 · Active · 813-819-5255Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Garage spaces
Flood zone
About this home
Pre-Construction. To be built. Welcome to the Heritage Bay! The Heritage Bay is a new two-story home design replacing the Hadley Bar, offering enhanced features for modern families. It features an open-concept first floor with high ceilings and ample natural light, a versatile first-floor bedroom, and a flex room. The second floor includes a loft and luxurious owner's suite. The home emphasizes indoor-outdoor living with a large patio, a gourmet kitchen, smart storage solutions, and family-friendly design elements. Two charming elevation options are available, with customizable exterior features. The brand new Malabar Springs community is nestled adjacent to the serene Three Forks conservation area with 35,000 acres of conservation protection, boat launch, picnic area, and 70 miles of trails. With resort-style 3900 square foot pool featuring a sun shelf, cabana, 2 dog parks, outdoor fitness equipment, nature trail, and multi-use park/field Malabar Springs. 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 history47 days on market
- Status: ActiveAug 4, 2026
- Listed$401,990Aug 4, 2026
- Price increased$401,990
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Active
- Days on market
- 47
- Subdivision
- Malabar Springs
- County
- Brevard
- Year built
- 2027
- Living area
- 2,753 sq ft
- Price/sq ft
- $146
- Building area
- 3,153 sq ft (Builder)
- Lot size
- 6,142 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- X
- Garage
- 2 spaces
- Parcel #
- 28-36-32-25-H-5
- Zoning
- 00
- MLS #
- W7888274
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Interior Details
- Bedrooms
- 4
- Full bathrooms
- 3
- Flooring
- Carpet, Ceramic Tile
- Appliances
- Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Range Hood
- Interior features
- Eat-in Kitchen, Kitchen/Family Room Combo, PrimaryBedroom Upstairs, Stone Counters, Thermostat, Tray Ceiling(s), Walk-In Closet(s)
- Laundry
- Inside, Upper Level
- Stories / Levels
- Two
- Direction faces
- West
- New construction
- Yes
Heating & Cooling
- Heating
- Central
- Cooling
- Central Air
Parking
- Garage spaces
- 2
- 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
- Hurricane Shutters
- Construction materials
- Block, Stucco, Frame
- Roof
- Shingle
- Foundation
- Slab
- Water view
- Yes
- 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 | 16x20 |
| Kitchen | First | 12x16 |
| Dinette | First | 13x10 |
| Primary Bedroom | Second | 13x20 |
| Primary Bathroom | Second | |
| Bedroom 2 | Second | 13x11 |
| Bedroom 3 | Second | 13x11 |
| Bedroom 4 | First | 11x11 |
| Loft | Second | 13x16 |
| Bonus Room | First | 13x11 |
Listing Details
- Listing date
- 2026-08-04
- On market date
- 2026-08-04
- Original list price
- $401,990
- Occupant type
- Vacant
- MLS area
- 32907 - Palm Bay/Melbourne
- Listing AOR
- West Pasco
- Home warranty
- Yes
- Status changed
- 2026-08-04
- Tax legal description
- MALABAR SPRINGS PHASE 1 LOT 5 BLK H
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 September 20, 2026 at 4:05 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.
All or a portion of the multiple listing information is provided by Stellar MLS, from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Stellar MLS. All rights reserved.
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