551 Koutnik Road Se, Palm Bay, Fl 32909, FL551 Koutnik Road Se, Palm Bay, Fl 32909, FL551 Koutnik Road Se, Palm Bay, Fl 32909, FL
Stellar MLS
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$312,000

551 Koutnik Road Se, Palm Bay, Fl 32909

Palm Bay, FL 32909

Listing updated: June 25, 2026 at 2:35 AM ET

Active
Listing courtesy of Arium Real Estate, Llc · Danielle Marie Campbell · MLS #1076466 · Active · 321-209-0828
3
Beds
2
Baths
1,528
Sq Ft
0.33
Acres
1987
Built
$204/sqft
Single Family Residence

Property type

1987

Year built

14,375 sqft

Lot size

$204

Price / sq ft

No HOA

HOA dues

2

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

Principal & interest$1,578
Property taxes$286
Home insurance (est.)$143

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

  1. 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

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Interior Details

Bedrooms
3
Full bathrooms
2

Parking

Garage spaces
2

Listing Details

Original list price
$315,000

Location

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MLS GRID

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.

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