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4017 Tree Ridge Ln NE, Palm Bay, FL, 32905

2beds
3baths
1,170sqft
$125,000
$107price/sqft
$1,173/moest. monthly cost
$46,920/yrincome needed

About This Home

Investor special in the heart of Palm Bay! This 2-bedroom, 2-bath townhome at Palm Bay offers a fantastic opportunity for investors, flippers, or buyers looking to add their personal touch and build equity. Located in the desirable Tree Ridge community, this property features a functional floor plan, spacious living area, and great potential for renovation and value-add improvements. Conveniently located near shopping, dining, parks, and major roadways with easy access to nearby beaches and employers. Whether you're looking for your next investment project, rental property, or affordable starter home renovation, this property has strong upside potential.

Getting Around

53
WalkingSomewhat Walkable
0
TransitVery Limited Transit
57
BikeBikeable

Schools

8/10
Riviera Elementary SchoolGrades PK-61.1 mi
2/10
2/10

Construction

Condition

  • Property condition: Fixer
  • Year built: 1981

Materials

  • Roof: Shingle
  • Construction materials: Frame,Wood Siding

Type & Style

  • Home type: Townhouse
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Dishwasher,Microwave,Refrigerator

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Features

  • Pantry
  • Flooring: Carpet

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 1,170 sqft

Property

Details

  • Parcel number: 283728010000a.00002.07
  • Attached to another structure: Yes
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Exterior features: Balcony

Lot

  • Lot size: 871.20 sqft
  • Features: Other

Parking

  • Parking features: Other

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
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Lightning
Inland Flooding
Strong Wind
Tornado
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 $632$7,584
Home Insurance *$172$2,064
Property Taxes $172$2,064
Electricity $197$2,366
Total$1,173$14,076
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$40,217/yr
40% on housing$35,190/yr
45% on housing$31,280/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

$107This listing

vs Other Active Listings

Avg $/sqft

ZIP 32905$167
Brevard County$192

vs Homes Sold Last Month

Median $/sqft

ZIP 32905$189
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
2026-05-11Listed for sale$134,900
2023-08-12Listing removed--
2023-03-31Price change$224,000
2023-02-15Listed for sale$228,000
2009-09-19Listing removed$69,900
2009-08-29Listed for sale$69,900
2009-08-17Listing removed$69,900
2009-02-14Listed for sale$69,900
2004-05-26Sold$55,500

For Sale by Agent

AgentBrianna Kathleen Loggins
BrokerageLegacy Real Estate Partners

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