$350,000
551 Emerson Drive Ne, Palm Bay, Fl 32907
Palm Bay, FL 32907
Listing updated: June 12, 2026 at 7:03 AM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Garage spaces
About this home
Updated, move-in ready, and located in highly sought-after Lockmar. This 3-bedroom, 2-bath home sits on an oversized 1/3-acre lot and features vaulted ceilings, tile flooring throughout, indoor laundry, a spacious split floor plan, and a versatile bonus room off the primary suite that's perfect for a home office, nursery, gym, or private retreat. Enjoy peace of mind with public utilities, a new roof (2023), new A/C (2022), and an oversized driveway with plenty of room for multiple vehicles, a boat, or trailer. Conveniently located near shopping, dining, parks, and everyday conveniences, this home offers the space, flexibility, and updates today's buyers are looking for. Schedule your private showing today.
Local Insight
At $175/sqft for a 1985 home in Port Malabar Unit 45, you're looking at solid value relative to Palm Bay's established NE neighborhoods where median prices hover around $380K, though you'll want to factor in what deferred maintenance might cost on a nearly 40-year-old structure. The location trades proximity to Palm Bay's organized GDC infrastructure and mature oak canopy for being in one of the older, more inland pockets rather than the waterfront premium zones, which is fine if you're not paying waterfront prices. The 0.34-acre lot and no HOA gives you flexibility, but inspect carefully—homes from this era in this subdivision can vary significantly in condition and recent updates.
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 increased$350,000
Documents
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Active
- Subdivision
- Port Malabar Unit 45
- County
- Brevard
- Year built
- 1985
- Living area
- 2,000 sq ft
- Price/sq ft
- $175
- Building area
- 0 sq ft
- Lot size
- 14,810 sq ft
- Garage
- 2 spaces
- MLS #
- 1079693
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Interior Details
- Bedrooms
- 3
- Full bathrooms
- 2
Parking
- Garage spaces
- 2
Listing Details
- Original list price
- $350,000
Location
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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 12, 2026 at 7:03 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)
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© 2026Space Coast Association of REALTORS®. All information should be independently reviewed and verified for accuracy.
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