1551 La Maderia Dr SW, Palm Bay, FL, 32908
About This Home
Welcome to this spacious lakefront home in the gated community of Bridgewater at Bayside Lakes, offering 3,926 square feet of beautifully updated living space with room for everyone. With six bedrooms, multiple gathering areas, and a functional layout designed for everyday living and entertaining, this home is ideal for those needing extra space and flexibility. The grand entry opens to a light-filled interior featuring updated ceramic tile throughout the main level and stunning hardwood floors upstairs in the loft and bedrooms. Thoughtful updates can be found throughout the home, including remodeled bathrooms highlighted by a beautifully updated primary suite with a rain shower, along with modern LED lighting, updated ceiling fans, and new blinds. The kitchen serves as the heart of the home with a massive center island, walk-in pantry, and updated stainless steel appliances, providing plenty of space for cooking, gathering, and entertaining. Major improvements offer added peace of mind, including a new roof (2023), fresh exterior paint (2023), new smoke alarms (2024), dual A/C units replaced in 2020 and December 2025, and a water heater installed in 2020. Step outside to the oversized screened porch with new paver stones and enjoy peaceful lake views with plenty of room for outdoor dining, relaxing, and entertaining. Offered fully furnished and including a transferable Choice Home Warranty paid through February 2027, this move-in-ready home is a rare opportunity in one of Bayside Lakes' gated communities. Schedule your private tour today!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2005
Materials
- Roof: Shingle
- Construction materials: Block,Stucco
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Dryer,Electric Range,Electric Water Heater,Microwave,Refrigerator,Washer
- Laundry features: Electric Dryer Hookup,In Unit,Washer Hookup
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Features
- Eat-in Kitchen,Entrance Foyer,Guest Suite,Kitchen Island,Open Floorplan,Pantry,Primary Bathroom -Tub with Separate Shower,Primary Downstairs,Split Bedrooms,Walk-In Closet(s)
- Flooring: Tile,Wood
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air
Interior Area
- Total structure area: 4,542
- Total interior livable area: 3,926 sqft
Property
Details
- Parcel number: 29361375169
- Zoning description: Residential
- Special condition: Standard
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio,Screened
- Has view: Yes
- View description: Lake,Pond
- Has water view: Yes
- Water view: Lake,Pond
- On waterfront: Yes
- Waterfront features: Lake Front,Pond
Lot
- Lot size: 9,583 sqft
- Features: Cleared
Parking
- Total spaces: 3
- Parking features: Attached,Garage,Off Street
- Has garage: Yes
- Attached garage spaces: 3
- Covered spaces: 3
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
- Lightning
- Inland Flooding
- Strong Wind
- Tornado
- Wildfire
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Brevard County and Florida
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,907 | $34,884 |
| Home Insurance * | $284 | $3,408 |
| Property Taxes | $768 | $9,216 |
| Electricity | $395 | $4,741 |
| Total | $4,354 | $52,248 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-13 | Price change | $565,000 |
| 2026-04-29 | Listed for sale | $575,000 |
| 2025-11-03 | Listing removed | $579,000 |
| 2025-09-08 | Price change | $579,000 |
| 2025-08-18 | Listed for sale | $599,000 |
| 2021-12-02 | Sold | $455,000 |
| 2021-11-02 | Contingent | $459,900 |
| 2021-10-30 | Listed for sale | $459,900 |
| 2005-06-06 | Sold | $355,000 |
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