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509 Lambright St SW, Palm Bay, FL, 32908

4beds
3baths
2,005sqft
$375,000
$187price/sqft
$2,992/moest. monthly cost
$119,680/yrincome needed

About This Home

Built in 2024 and meticulously maintained, this stunning 4 bedroom, 3 bathroom home in Palm Bay showcases true pride of ownership with thoughtful upgrades throughout. Step inside to an open and airy layout featuring 9'4'' ceilings, 8' doors, and durable Mohawk RevWood flooring. The chef's kitchen is beautifully appointed with quartz countertops and a full stainless steel Samsung appliance package, overlooking the spacious living and dining areas. The split floorplan offers flexibility and privacy, while all bathrooms feature modern tiled showers for a clean, elevated feel. Step outside to your covered and screened lanai, perfect for relaxing or entertaining, all within a fully fenced backyard for added privacy. Additional upgrades include a whole-home water filtration system, added cabinetry in the laundry room for extra storage, ceiling fans in select rooms and patio, and a full 360 Ring camera system for peace of mind. Move-in ready with both builder quality and custom enhancements, this home truly stands out. Offering a prime location close to well rated schools, shopping, and dining. Conveniently located along Florida's Space Coast, this home offers easy access to major aerospace employers including L3Harris, Northrop Grumman, and Cape Canaveral, making it ideal for professionals in the thriving tech and defense industries. Short commute to beaches

Getting Around

4
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

6/10
3/10
Southwest Middle SchoolGrades 7-84.9 mi
3/10
Bayside High SchoolGrades 9-121.9 mi

Construction

Condition

  • Year built: 2024

Materials

  • Roof: Shingle
  • Construction materials: Block,Stucco

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Electric Oven,Electric Range,Electric Water Heater,Microwave,Refrigerator,Washer
  • Laundry features: In Unit

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Breakfast Bar,Built-in Features,Ceiling Fan(s),Eat-in Kitchen,Entrance Foyer,His and Hers Closets,Open Floorplan,Split Bedrooms,Walk-In Closet(s)
  • Flooring: Carpet,Tile

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 2,570
  • Total interior livable area: 2,005 sqft

Property

Details

  • Parcel number: 293636Kj01423.00025.00
  • Special condition: Standard

Features

  • Stories: 1
  • Patio & porch: Rear Porch,Screened
  • Exterior features: Storm Shutters
  • Fencing: Back Yard,Privacy,Vinyl
  • Has view: Yes
  • View description: City

Lot

  • Lot size: 10,018 sqft
  • Features: Cleared

Parking

  • Total spaces: 2
  • Parking features: Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneVery High
  • Lightning
    LightningRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Wildfire
    WildfireModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Lightning
Inland Flooding
Strong Wind
Tornado
Wildfire
Tsunami

FEMA Declared Disasters in Brevard County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,896$22,752
Home Insurance *$185$2,220
Property Taxes $710$8,520
Electricity $201$2,421
Total$2,992$35,904
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$102,582/yr
40% on housing$89,760/yr
45% on housing$79,786/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 13.8%
13.8%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 4.8%
4.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$187This listing

vs Other Active Listings

Avg $/sqft

ZIP 32908$172
Brevard County$192

vs Homes Sold Last Month

Median $/sqft

ZIP 32908$185
Brevard County$209

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-07Price change$375,000
2026-04-26Listed for sale$384,900
2024-06-10Sold$361,110
2024-05-16Pending sale$361,110
2024-05-08Price change$361,110
2024-04-23Price change$364,860
2024-02-09Price change$369,640
2024-01-26Listed for sale$368,640
2022-06-06Sold$26,000
2022-05-05Pending sale$30,000
2022-04-03Listed for sale$30,000
2005-02-14Sold$31,000

For Sale by Agent

AgentKayla Adamson
BrokerageReal Broker LLC

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