551 Emerson Drive Ne, Palm Bay, Fl 32907, FL551 Emerson Drive Ne, Palm Bay, Fl 32907, FL551 Emerson Drive Ne, Palm Bay, Fl 32907, FL
Stellar MLS
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$350,000

551 Emerson Drive Ne, Palm Bay, Fl 32907

Palm Bay, FL 32907

Listing updated: June 12, 2026 at 7:03 AM ET

Active
Listing courtesy of Re/Max Elite · Michael Z. Ritchie · MLS #1079693 · Active · 321-752-5858
3
Beds
2
Baths
2,000
Sq Ft
0.34
Acres
1985
Built
$175/sqft360° tour
Single Family Residence

Property type

1985

Year built

14,810 sqft

Lot size

$175

Price / sq ft

No HOA

HOA dues

2

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

Principal & interest$1,770
Property taxes$321
Home insurance (est.)$160

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 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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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 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)

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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