$352,500
NEW CONSTRUCTION

1040 Colonial Ave SE Palm Bay, FL 32909

Estimated payment $1,985/month

Total Views 330
3 Beds
2 Baths
1,515 Sq Ft
$233 Price per Sq Ft

Highlights

  • New Construction
  • No HOA
  • Hurricane or Storm Shutters
  • Great Room
  • Covered patio or porch
  • 2 Car Attached Garage

About This Home

Express Move In !! 4.99% FIXED INTEREST RATE AVAILABLE !! Enjoy a low P&I payment of $1,855. Only a $1,000 deposit is required and all CLOSING COSTS PAID (excluding escrow & prepaid accounts) with approved lender! This charming home is perfect for that First Time Homebuyer or someone looking to downsize to a low maintenance brand NEW CONSTRUCTION home. Features include stunning soft close kitchen cabinets with crown molding and stainless steel Whirlpool appliances!! Bright open floorplan with high ceilings and large windows throughout. The owner's suite includes a walk-in closet and a 5' shower in the bath. Additional features include Moen brushed nickel faucets, five-panel doors, and a covered lanai to enjoy the peaceful and very private backyard with no rear neighbors and lush foliage. No HOA. Great location and close to shopping and I-95.

Listing Agent

Kimberly Gankos

Adams Homes Realty, Inc. License #3478557 Listed on: 07/03/2025

Adams Homes Realty, Inc.

Co-Listing Agent

Kristi Worley

Adams Homes Realty, Inc. License #234388

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $418

Year Built

  • Built in 2025 | New Construction

Lot Details

  • 10,019 Sq Ft Lot
  • Street terminates at a dead end
  • Southeast Facing Home

Parking

  • 2 Car Attached Garage

Home Design

  • Home is estimated to be completed on 2/28/25
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,515 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Great Room
  • Dining Room

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Home Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Outdoor Features

  • Covered patio or porch

Schools

  • Turner Elementary School
  • Southwest Middle School
  • Bayside High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association
  • Port Malabar Unit 12 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 29-37-08-Gn-00524.0-0018.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$418

Year Built

Built in 2025 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2025
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Dead End Street
  • ResoSecurityFeatures: Smoke Detector(s)
  • Co List Office Mls Id: 01351
  • Co List Office Phone: 321-751-1530
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Port Malabar Unit 12
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: Yes
  • Location Tax and Legal Parcel Number2: 29-37-08-Gn-00524.0-0018.00
  • Location Tax and Legal Elementary School: Turner
  • Location Tax and Legal Middle School2: Southwest
  • Location Tax and Legal High School: Bayside
  • Location Tax and Legal Tax Year2: 2024
  • General Property Information Living Area2: 1515.0
  • General Property Information Lot Size Acres: 0.23
  • General Property Information Lot Size Square Feet2: 10019.0
  • General Property Information New Construction YN: Yes
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: Southeast
  • Appliances Microwave: Yes
  • Cooling Central Air: Yes
  • General Property Information Community Fee(s) YN: No
  • Lot Features Dead End Street: Yes
  • Security Features Smoke Detector(s): Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Room Types Dining Room: Yes
  • Room Types Great Room: Yes
  • Utilities Electricity Available: Yes
  • General Property Information CDD Fee YN: No
  • General Property Information Stories2: 1
  • General Property Information Estimated Completion Date: 2025-02-28
  • General Property Information:Pool Private YN: No
  • Special Features: 4098
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Ceiling Fan(s), Kitchen Island
  • Appliances: Dishwasher, Electric Oven, Electric Range, Microwave, Plumbed For Ice Maker
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Total Bedrooms: 4
  • Stories: 1
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Kitchen Island: Yes
  • Appliances:Electric Oven: Yes
  • Appliances:Plumbed For Ice Maker: Yes

Exterior Features

  • Exterior Features: Storm Shutters
  • Acres: 0.23
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block, Stucco
  • Direction Faces: Southeast
  • Patio And Porch Features: Covered, Rear Porch
  • Construction Materials:Block2: Yes
  • Construction Materials:Stucco: Yes
  • Exterior Features:Storm Shutters: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Rear Porch: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes

Utilities

  • Cooling: Central Air
  • Utilities: Electricity Available, Water Available
  • Heating: Central
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Southwest

Lot Info

  • Current Use: Residential, Single Family
  • Lot Size Sq Ft: 10019.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2929755
  • Parcel #: 29-37-08-Gn-00524.0-0018.00

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2024

MLS Schools

  • Elementary School: Turner
  • High School: Bayside

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $418 $36,000 $0 $0
2022 $321 $24,500 $0 $0
2021 $281 $17,000 $17,000 $0
2020 $240 $12,500 $12,500 $0
2019 $272 $11,000 $11,000 $0
2018 $244 $8,400 $8,400 $0
2017 $210 $1,750 $0 $0
2016 $138 $5,400 $5,400 $0
2015 $131 $5,000 $5,000 $0
2014 $103 $3,700 $3,700 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2025 07/03/25 For Sale $352,500 0.0% $233 / Sq Ft
06/30/2025 06/30/25 Off Market $352,500 -- --
11/05/2024 11/05/24 Price Changed $352,500 +0.1% $233 / Sq Ft
10/25/2024 10/25/24 For Sale $352,250 -- $233 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Attorney
Warranty Deed $64,500 Peninsula Title Services Llc
Source: Public Records

Similar Homes in Palm Bay, FL

  • 931 Century Ave SE, Palm Bay, FL 32909

    $389,900

    • 3 Beds
    • 2 Baths
    • 1,983 Sq Ft
    • 931 Century Ave SE
    • Palm Bay, FL

    Corner lot/ City water !! Up to $10K in closing costs incentives offered! Estimated Completion by Feb. *Net-Zero Ready* No HOA, No CDD. Included as standard upgrades; Energy Star SS Appliances, top of line AC 15-16-Seer, Luxury tile plank flooring, Quartz countertops, LED lighting, 42'' soft-close cabinets, open floor plan with 9'4ceilings with tray ceiling in the master, Hybrid Water Heater,

    Rafael Felipe Brite Realty Group

    Section Image
  • 1254 Buffing Cir SE, Palm Bay, FL 32909

    $325,000

    • 3 Beds
    • 2 Baths
    • 1,392 Sq Ft
    • 1254 Buffing Cir SE
    • Palm Bay, FL

    Whether you're looking for a primary residence or a rental investment. This 3-bedroom, 2-bath home offers over 1,300 sq ft of living space on a generous 10,000+ sq ft lot.Inside, you'll find a functional layout with tile flooring throughout, a spacious living area, and a large 15x22 screened porch off the primary suite - ideal for indoor-outdoor living. The fenced backyard provides plenty

    Bart DeNitto EXP Realty, LLC

    Section Image
  • 350 Albright St SE, Palm Bay, FL 32909

    $320,000

    • 3 Beds
    • 2 Baths
    • 1,265 Sq Ft
    • 350 Albright St SE
    • Palm Bay, FL

    This beautiful 3/2 brick POOL home has a 2 y/o roof and sits on over 1/3 acre. But that's not all, it also comes with a huge sparkling I/G pool w/new pump motor. Perfect for these hot summer days & nights! Imagine yourself lounging in this beautiful pool, sipping on a cold drink while soaking up the sun or WATCHING A ROCKET LAUNCH! With extra poured concrete pads for a boat and/or RV, you'll

    Tammy Brown Atlantic Group Real Estate

    Section Image
  • 1401 Ruffin Cir SE, Palm Bay, FL 32909

    $315,000

    • 4 Beds
    • 2 Baths
    • 1,726 Sq Ft
    • 1401 Ruffin Cir SE
    • Palm Bay, FL

    Solid 4-bedroom, 2-bath brick home located in a quiet neighborhood with spacious backyard views. The living room features vaulted ceilings, adding to the open feel of the space. While the interior is mostly original, it's a perfect opportunity to bring your vision to life.The kitchen has the potential to be opened up to the living area, creating a seamless open-concept layout. Both

    Guy Newman LPT Realty, LLC

    Section Image
  • 1472 Ashboro Cir SE, Palm Bay, FL 32909

    $330,000

    • 4 Beds
    • 2 Baths
    • 1,941 Sq Ft
    • 1472 Ashboro Cir SE
    • Palm Bay, FL

    Fully paid solar system means instant energy savings in this move-in ready 3-bedroom, 2-bath Palm Bay home! The roof and HVAC are just 2 years old, giving you peace of mind from day one. Inside, enjoy a bright, open layout filled with natural light, a spacious kitchen, and a split-bedroom floor plan for added privacy. The large primary suite features a generous bathroom with dual sinks, a

    William Whipple Epique Realty Inc.

    Section Image
  • 516 Alminar Ave SE, Palm Bay, FL 32909

    $345,500

    • 4 Beds
    • 2 Baths
    • 1,978 Sq Ft
    • 516 Alminar Ave SE
    • Palm Bay, FL

    HIGHLY MOTIVATED SELLER! Welcome to your dream home! This stunning 2022 Maronda Drexel Model is nestled in the desirable Gulfport Key community of Palm Bay, offering modern living with a touch of elegance. Boasting an open-concept design, this home features 4 spacious bedrooms and 2 well-appointed bathrooms, perfect for families or entertaining guests. The kitchen is a chef's delight, complete

    Ricardo Lopez Alonso MAR Y SOL Properties LLC

    Section Image
  • 200 Casco Ct SE, Palm Bay, FL 32909

    $299,900

    • 3 Beds
    • 2 Baths
    • 2,006 Sq Ft
    • 200 Casco Ct SE
    • Palm Bay, FL

    Welcome to this beautifully updated, move-in-ready home nestled on a spacious one-third-acre lot in a desirable, no-HOA neighborhood near Bayside Lakes. This solid concrete block home offers both comfort and peace of mind with a newer roof (2017), HVAC system (2021), and new water heater (2025). Step inside and be welcomed by vaulted ceilings, upgraded flooring, and a light-filled open floor plan

    Jonathan Krauser J. Edwards Real Estate

    Section Image
  • 961 Culpepper Ave SE, Palm Bay, FL 32909

    $289,999

    • 3 Beds
    • 2 Baths
    • 1,406 Sq Ft
    • 961 Culpepper Ave SE
    • Palm Bay, FL

    Short Sale to be approved by the lender - Come check out this Great Deal with valuable add-ons, such as a NEW ROOF and NEW SOLAR PANELS to eliminate those expensive energy bills. Welcome to your quiet sanctuary in Palm Bay, FL... This 3 bedrooms, 2 baths, and a 2 car garage sits on a spacious 1⁄4 acre parcel, where modern efficiency meets a family friendly design. This home has an open layout

    Cartama Ramos Crafton Denovo Realty

    Section Image
  • 896 Talmadge Ave SE, Palm Bay, FL 32909

    $270,000

    • 3 Beds
    • 2 Baths
    • 1,263 Sq Ft
    • 896 Talmadge Ave SE
    • Palm Bay, FL

    Stop right there! This completely remodeled gem in the heart of Palm Bay is everything you’ve been searching for—whether you're a first-time homebuyer or a savvy investor looking for a turnkey rental opportunity.Featuring 3 spacious bedrooms and 2 full bathrooms, this home sits on an oversized corner lot measuring 0.27 acres, offering plenty of outdoor space for entertaining, future

    Shakyra Cortes Mendez LA ROSA REALTY CW PROPERTIES L

    Section Image

Source: Space Coast MLS (Space Coast Association of REALTORS®)

MLS Number: 1027982

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 29-37-08-GN-00524.0-0018.00