$289,000 - $315,000
RENTED JUL 13, 2025

1038 Locust Ave NW Palm Bay, FL 32907

Northwest Palm Bay Neighborhood
3 Beds
2 Baths
1,612 Sq Ft
$189 Price per Sq Ft

Last Sold March 20, 2014

Last sale price $90,000 $56 Per Sq Ft

Est. 239% increase in value since last sale

Current estimated payment $1,972/month

Highlights

  • Open Floorplan
  • 2 Car Attached Garage
  • Separate Shower in Primary Bathroom
  • No HOA
  • Eat-In Kitchen
  • Walk-In Closet

About This Home

As of July 2025

THIS BEAUTIFUL CITY WATER HOME WAS COMPLETELY RENOVATED JUST 2 YEARS AGO WITH MODERN STYLE & GRACIOUS APPEAL! THE UPDATED KITCHEN SHOWCASES GRANITE COUNTERS, STAINLESS STEEL APPLIANCES, SOFT GREY CABINETRY & CASUAL DINING PERFECT FOR HOMECOOKED MEALS. ENJOY THE CONVENIENCE AND EASY MAINTENANCE OF THE MARBLED TILE FLOORS SWEEPING THROUGHOUT THIS ROOMY FLOOR PLAN. A COMFORTABLE PRIMARY SUITE FEATURES A WALK-IN CLOSET AND BATHROOM WITH A LOVELY GARDEN TUB, SEPARATE SHOWER AND A STONE-TOPPED VANITY. ACROSS THE HOUSE, 2 ADDITIONAL BEDROOMS & THE 2ND BATH ARE AMPLE ACCOMMODATIONS FOR KIDS OR GUESTS. THE LARGE BACKYARD IS AN IDEAL SETTING FOR OUTDOOR FUN! SHOPPING, RESTAURANTS, ST JOHNS HERITAGE PARKWAY & I-95 JUST AROUND THE CORNER! HOME HAS CITY WATER! ONE SMALL PET CONSIDERED WITH CURRENT VET RECORDS AND $350 NON-REF PET DEPOSIT. LOOKING FOR ASAP MOVE IN PLEASE.

Last Agent to Rent the Property

Cheryl Smith

Cheryl Smith Realty, Inc License #426949 Listed on: 05/13/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,253

Year Built

  • Built in 2005

Lot Details

  • 10,019 Sq Ft Lot
  • East Facing Home

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,612 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Washer and Electric Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Outdoor Features

  • Patio

Schools

  • Discovery Elementary School
  • Central Middle School
  • Heritage High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Aerobic Septic System
  • Sewer Not Available

Community Details

  • No Home Owners Association
  • Port Malabar Unit 42 Subdivision

Listing and Financial Details

  • Security Deposit $1,975
  • Property Available on 5/13/25
  • The owner pays for taxes
  • $60 Application Fee
  • Assessor Parcel Number 28-36-27-Kn-02124.0-0004.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,253

Year Built

Built in 2005

Lot Details

0

Parking

2

Rental Info

  • Furnished: Unfurnished
  • Lease Term: 12 Months
  • Owner Pays: Taxes
  • Available Date: 2025-05-13

Listing Details

  • Property Type: Residential Lease
  • Year Built: 2005
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • ResoSpecialListingConditions: Smoking Prohibited
  • Subdivision Name: Port Malabar Unit 42
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Location Tax and Legal Parcel Number2: 28-36-27-Kn-02124.0-0004.00
  • Location Tax and Legal Elementary School: Discovery
  • Location Tax and Legal Middle School2: Central
  • Location Tax and Legal High School: Heritage
  • General Property Information Living Area2: 1612.0
  • General Property Information Lot Size Acres: 0.23
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: East
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Levels One: Yes
  • Pets Allowed Yes: Yes
  • Water Source Public: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • Pets Allowed Total Number Of Pets: 1
  • Pets Allowed Size Limit: Yes
  • General Property Information Carport YN2: No
  • Pets Allowed Cats OK: Yes
  • Pets Allowed Number Limit: Yes
  • Utilities Water Available: Yes
  • General Property Information Stories Total: 1
  • Pets Allowed Breed Restrictions: Yes
  • Pets Allowed Dogs OK: Yes
  • Sewer Aerobic Septic: Yes
  • Deposits and Fees Application Fee: 60.0
  • Deposits and Fees Security Deposit: 1975.0
  • Deposits and Fees Pet FeeDeposit: 350.0
  • Special Listing Conditions Smoking Prohibited: Yes
  • Utilities Sewer Not Available: Yes
  • General Property Information:Pool Private YN: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen, Open Floorplan, Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Walk-In Closet(s)
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 1
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Walk-In Closet(s): Yes

Exterior Features

  • Acres: 0.23
  • Pool Private: No
  • Waterfront: No
  • Direction Faces: East
  • Patio And Porch Features: Patio
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes

Utilities

  • Cooling: Central Air
  • Utilities: Sewer Not Available, Water Available
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Central

Lot Info

  • Lot Size Sq Ft: 10018.8
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2809836
  • Parcel #: 28-36-27-Kn-02124.0-0004.00

MLS Schools

  • Elementary School: Discovery
  • High School: Heritage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2013
Closed on
Mar 20, 2014
Sold by
Mills Joel S and Mills Michelle
Bought by
Vg Community Llc
Seller's Agent
Agi Anderson
Space Coast Realty & Inv. LLC
Buyer's Agent
Cheryl Smith
Cheryl Smith Realty, Inc
List Price
$89,900
Sold Price
$90,000
Premium/Discount to List
$100
0.11%
Current Estimated Value
$304,851

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,851
Avg. Annual Appreciation
11.31%

Purchase Details

Closed on
Feb 5, 2007
Sold by
Mills Joel S and Mills Michelle S
Bought by
Mills Joel and Mills Michelle

Purchase Details

Closed on
Oct 31, 2005
Sold by
D R Horton Inc Jacksonville
Bought by
Mills Joel S and Mills Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,750
Interest Rate
5.84%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Vg Community Llc $90,000 Attorney
Mills Joel S -- Attorney
Mills Joel -- None Available
Mills Joel S $173,500 Professional Title Agency In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mills Joel S $138,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2025 07/13/25 Rented $1,975 0.0% --
06/27/2025 06/27/25 Under Contract -- -- --
06/04/2025 06/04/25 Price Changed $1,975 -1.0% $1 / Sq Ft
05/13/2025 05/13/25 For Rent $1,995 +0.3% --
04/27/2023 04/27/23 Rented $1,990 0.0% --
04/25/2023 04/25/23 Under Contract -- -- --
04/19/2023 04/19/23 For Rent $1,990 0.0% --
03/20/2014 03/20/14 Sold $90,000 +0.1% $56 / Sq Ft
10/18/2013 10/18/13 Pending -- -- --
08/12/2013 08/12/13 For Sale $89,900 -- $56 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $4,253 $258,600 $0 $0
2022 $3,835 $230,150 $0 $0
2021 $3,493 $171,390 $17,000 $154,390
2020 $3,238 $159,110 $12,000 $147,110
2019 $3,314 $152,370 $11,000 $141,370
2018 $3,072 $146,500 $8,800 $137,700
2017 $2,883 $129,790 $6,800 $122,990
2016 $2,549 $119,430 $5,000 $114,430
2015 $2,339 $101,530 $4,200 $97,330
2014 $1,994 $82,640 $4,200 $78,440
Source: Public Records

Agents Affiliated with this Home

  • C

    Landlord's Agent in 2025

    Cheryl Smith

    Cheryl Smith Realty, Inc

    (321) 544-8449

    140 in this area

    1,496 Total Sales

    Section Image

  • R

    Buyer's Agent in 2023

    Ryan Price

    Denovo Realty

    (321) 795-1348

    2 in this area

    40 Total Sales

    Section Image

  • A

    Seller's Agent in 2014

    Agi Anderson

    Space Coast Realty & Inv. LLC

See All Agents

Map

Source: Space Coast MLS (Space Coast Association of REALTORS®)

MLS Number: 1046084

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-36-27-KN-02124.0-0004.00

Florida Brevard County Palm Bay 32907 Northwest Palm Bay

1038 Locust Ave NW, Palm Bay, FL

This home is located at 1038 Locust Ave NW, Palm Bay, FL 32907 since 13 May 2025 and is currently priced at $304,851. This property was built in 2005. 1038 Locust Ave NW is a home located in Brevard County with nearby schools including Discovery Elementary School, Central Middle School, and Heritage High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Space Coast MLS (Space Coast Association of REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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