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1863 Farmhouse Road SE, Palm Bay, FL, 32909

4beds
2baths
2,046sqft
$330,000
$161price/sqft
$2,629/moest. monthly cost
$105,160/yrincome needed

About This Home

Fall in love with this beautiful almost brand new house built in 2023 offering SS appliances, granite countertops, full size washer and dryer, ceiling fans in every room sits on a oversized lot with a serene water view. Cypress Bay is a gated community offering pool, sidewalks and peaceful neighborhood for a relaxing living, close to highways, shopping and dining. This light and bright DELRAY model is the most desirable and offers a very spacious living area. Investors welcome!

Getting Around

2
WalkingCar-Dependent
0
TransitVery Limited Transit
28
BikeSomewhat Bikeable

Schools

4/10
Sunrise Elementary SchoolGrades PK-60.3 mi
3/10
Southwest Middle SchoolGrades 7-86.4 mi
3/10
Bayside High SchoolGrades 9-124.6 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 2023

Materials

  • Construction materials: Block

Type & Style

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

Interior

Appliances

  • Appliances included: Dryer,Dishwasher,Electric Range,Disposal,Microwave,Refrigerator,Washer
  • Laundry features: Inside

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 2
  • Main level bedrooms: 4

Features

  • Dual Sinks,Kitchen Island,Pantry,Split Bedrooms,Walk-In Closet(s)
  • Flooring: Carpet

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air,Ceiling Fan(s)

Interior Area

  • Total structure area: 2,510
  • Total interior livable area: 2,046 sqft

Kitchen

  • Level: Main
  • Area: 182.28
  • Dimensions: 14.7 X 12.4

Kitchen

  • Level: Main
  • Area: 182.28
  • Dimensions: 14.7 X 12.4

Living Room

  • Level: Main
  • Area: 273.23
  • Dimensions: 20.39 X 13.4

Living Room

  • Level: Main
  • Area: 273.23
  • Dimensions: 20.39 X 13.4

Master Bedroom

  • Level: Main
  • Area: 255
  • Dimensions: 17 X 15

Master Bedroom

  • Level: Main
  • Area: 255
  • Dimensions: 17 X 15

Property

Details

  • Parcel number: 30 370351000000 262
  • Zoning: Res

Features

  • Levels: One
  • Stories: 1
  • Pool features: Association
  • Patio & porch: Patio
  • Exterior features: Outdoor Living Area
  • On waterfront: Yes
  • Waterfront features: Lake Front

Lot

  • Lot size: 8,712 sqft
  • Features: < 1/4 Acre

Parking

  • Total spaces: 2
  • Parking features: Garage,Garage Door Opener
  • 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
    HurricaneRelatively High
  • Wildfire
    WildfireRelatively High
  • Coastal Flooding
    Coastal FloodingModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Wildfire
Coastal Flooding
Lightning
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 $1,668$20,016
Home Insurance *$255$3,060
Property Taxes $501$6,012
Electricity $205$2,470
Total$2,629$31,548
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$90,137/yr
40% on housing$78,870/yr
45% on housing$70,106/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

$161This listing

vs Other Active Listings

Avg $/sqft

ZIP 32909$181
Brevard County$192

vs Homes Sold Last Month

Median $/sqft

ZIP 32909$188
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
2026-04-20Price change$330,000
2026-02-09Listed for sale$350,000
2023-02-21Sold$362,250
2023-01-19Contingent$362,250
2022-10-24Listed for sale$362,250

For Sale by Agent

AgentMahmud Rahman
BrokerageRahman Realty

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