At $216/sqft, this 2005-built four-bedroom is tracking below Palm Bay's broader median, which typically reflects either solid value in an inland pocket or a property that needs scrutiny—the price-per-square-foot advantage usually signals either a less-established area or deferred maintenance, so the condition and exact location within Port Malabar Unit 11 matters more than the headline number. The no-HOA structure is a genuine plus in a planned community where many comparable homes carry monthly fees, but you're also getting a smaller lot (0.23 acres) and older mechanicals that are likely original or near-original, so factor in potential HVAC and roof replacement sooner rather than later. If the bones are solid and you're buying for practical, long-term owner-occupancy rather than appreciation, this hits the entry-tier range—but if you're comparing it to newer inventory just west of here or waterfront options in established neighborhoods, make sure you understand what you're trading off for that lower price.

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