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408 Australian Rd NW, Palm Bay, FL, 32907

2beds
2baths
918sqft
$219,000
$239price/sqft
$1,719/moest. monthly cost
$68,760/yrincome needed

About This Home

Welcome to 408 Australian Rd in Palm Bay, a charming home offering space, privacy, and great potential! Situated on a generously sized lot with a fully fenced backyard, this property provides plenty of room for outdoor living, entertaining, or creating your dream backyard oasis. The yard already features a concrete patio area and above-ground pool, perfect for relaxing and enjoying Florida’s sunshine. Inside, you'll find a bright open living space with vaulted ceilings that create an airy feel throughout the main living area. The layout flows seamlessly into the kitchen with breakfast bar seating, ideal for casual dining or hosting guests. Large sliding glass doors bring in natural light and offer easy access to the backyard. The home features durable flooring throughout the main living areas and a functional floor plan that offers both comfort and flexibility. The spacious backyard, mature trees, and fencing provide privacy and room for pets, gardening, or future additions. Conveniently located in Palm Bay, you'll enjoy easy access to shopping, dining, schools, and major roadways, while still enjoying the peace of a residential neighborhood. Whether you're looking for a primary residence, investment property, or a home you can personalize, this property offers a fantastic opportunity with great outdoor space and solid bones.

Getting Around

18
WalkingCar-Dependent
0
TransitVery Limited Transit
39
BikeSomewhat Bikeable

Schools

5/10
Central Middle SchoolGrades 7-84.1 mi
3/10
Heritage High SchoolGrades 9-123.8 mi

Construction

Condition

  • Year built: 1983

Materials

  • Foundation: Slab
  • Roof: Shingle
  • Construction materials: Stucco

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Range,Refrigerator
  • Laundry features: None

Bathroom2

  • Level: First
  • Area: 45.58
  • Dimensions: 8.6x5.3

Bedroom2

  • Features: Built-in Closet
  • Level: First
  • Area: 138
  • Dimensions: 13.8x10

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Dining Room

  • Level: First
  • Area: 71.781
  • Dimensions: 7.1x10.11

Features

  • Ceiling Fan(s)
  • Flooring: Hardwood

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,468
  • Total interior livable area: 918 sqft

Kitchen

  • Level: First
  • Area: 82.902
  • Dimensions: 8.2x10.11

Living Room

  • Level: First
  • Area: 244.72
  • Dimensions: 16.1x15.2

Primary Bathroom

  • Level: First
  • Area: 46.44
  • Dimensions: 8.6x5.4

Primary Bedroom

  • Features: Built-in Closet
  • Level: First
  • Area: 144.84
  • Dimensions: 10.2x14.2

Property

Details

  • Parcel number: 28 3636EX65614
  • Zoning: RS2
  • Special condition: None

Features

  • Levels: One
  • Stories: 1
  • Private pool: Yes
  • Pool features: Above Ground
  • Exterior features: None

Lot

  • Lot size: 10,019 sqft
  • Lot size dimensions: 80 x 125

Parking

  • Total spaces: 2
  • Parking features: Garage - Attached
  • 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
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Wildfire
    WildfireModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Lightning
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 $1,107$13,284
Home Insurance *$184$2,208
Property Taxes $231$2,772
Electricity $197$2,366
Total$1,719$20,628
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$58,937/yr
40% on housing$51,570/yr
45% on housing$45,840/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

$239This listing

vs Other Active Listings

Avg $/sqft

ZIP 32907$155
Brevard County$192

vs Homes Sold Last Month

Median $/sqft

ZIP 32907$187
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)

No zestimate history available

Price History

DateEventPrice
2026-05-13Pending sale$219,000
2026-04-22Price change$219,000
2026-03-05Listed for sale$239,999
2025-12-03Listing removed$220,000
2025-08-28Listed for sale$220,000
2019-05-03Sold$125,000
2019-04-26Pending sale$140,000
2019-04-20Listed for sale$140,000
2001-04-03Sold$46,000

For Sale by Agent

AgentTaner Banks
BrokerageKELLER WILLIAMS RLTY FL. PARTN

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