$312,000
551 Koutnik Road Se, Palm Bay, Fl 32909
Palm Bay, FL 32909
Listing updated: June 25, 2026 at 2:35 AM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Garage spaces
About this home
3 Boastful Bedrooms, 2 Bathrooms, 2 Car Garage - keeping it simple with no carpet throughout and a layout that works well for everyday living. BEST PART; Home offers a 4.25% Assumable Mortgage!!! Big updates are already done with a newer roof, water heater, windows and HVAC. Primary Suite feature 2 walk in closets with true split living. Out back, you have an oversized, fenced in corner lot backyard with plenty of room for pets, kids, or spreading out to enjoy your space. Best part? You're within walking distance from Woodard Park, perfect for evening strolls, or getting outside without the drive. 5-7 minutes from local shopping, 25 minutes from the beaches. NO HOA/CDD. Plenty of space for a POOL!
Local Insight
At $204/sqft for a 1987 home on a third-acre lot with no HOA, you're looking at solid entry-tier pricing for Palm Bay, but you're getting an older build in an inland GDC-grid neighborhood—meaning you're a generation behind the character and maturity of the established NE waterfront areas, yet without the newer construction quality of post-2015 west Palm Bay homes. The real question is whether the $312K price reflects deferred maintenance or genuine value; at this age and price point, a thorough inspection and comparison to similar 1987–1990 homes in the area is critical before deciding if you're catching a bargain or inheriting someone else's repair list.
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 history
- Price reduced$312,000
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Active
- Subdivision
- Port Malabar Unit 50
- County
- Brevard
- Year built
- 1987
- Living area
- 1,528 sq ft
- Price/sq ft
- $204
- Building area
- 2,008 sq ft
- Lot size
- 14,375 sq ft
- Garage
- 2 spaces
- MLS #
- 1076466
Ask about this home
Have a question? Ask the broker directly.
Ryan Solberg answers personally — no call center, no spam. Your question goes straight to him.
Interior Details
- Bedrooms
- 3
- Full bathrooms
- 2
Parking
- Garage spaces
- 2
Listing Details
- Original list price
- $315,000
Location
More homes like this


$80,000
1301 Mohegan (Corner Seahorse) Terrace Se, Palm Bay, Fl 32909
Palm Bay, FL 32909
0.29 acres
Port Malabar Unit 50
MLS ID #1078506, Cheryl Smith Realty, Inc.
Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)


$265,000
373 Hammock Road Se, Palm Bay, Fl 32909
Palm Bay, FL 32909
4 bd · 2 ba · 1,651 sqft
Port Malabar Unit 50
MLS ID #1073185, Realty City Inc.
Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)


$289,900
1604 Eldron Boulevard Se, Palm Bay, Fl 32909
Palm Bay, FL 32909
4 bd · 2 ba · 1,880 sqft
Port Malabar Unit 50
MLS ID #1073065, FlatFee.com.
Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)


$310,000
1260 Monument Avenue Se, Palm Bay, Fl 32909
Palm Bay, FL 32909
3 bd · 2 ba · 1,877 sqft
Port Malabar Unit 50
MLS ID #1075747, Denovo Realty.
Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)
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 25, 2026 at 2:35 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.
Brevard County listings courtesy of the Space Coast Association of REALTORS® (Space Coast MLS)
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. Data is deemed reliable but is not guaranteed accurate by the MLS.
© 2026Space Coast Association of REALTORS®. All information should be independently reviewed and verified for accuracy.
Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA