$399,900
UNDER CONTRACT $20K PRICE DROP

1501 Olympia Ave SW Palm Bay, FL 32908

Southwest Palm Bay Neighborhood

Estimated payment $2,560/month

Total Views 8,263
5 Beds
3 Baths
2,576 Sq Ft
$155 Price per Sq Ft

Highlights

  • RV Access or Parking
  • Vaulted Ceiling
  • No HOA
  • 0.82 Acre Lot
  • Traditional Architecture
  • Screened Porch

About This Home

Are you looking for a huge yard with a home that offers many options for bedrooms??? This is a 5 bedroom, 3 bath home with 2 screened porches backing to a drainage canal for extra privacy! In the last 4 years seller has installed new laminate flooring, sprinkler system, propane gas generator & water treatment system. NEW roof May 2025!!! Whole house attic fan. Tiled or lam flooring. True eat-in kitchen with 2 pantries! Bedroom 1 has walk-in 3.5x4 tiled shower, 2 sink vanity & walk-in 5x9 closet, 3 sets of sliders off family room & bedrooms 2&3. Bath 2 is between bedrooms 3&4 with a walk-in tiled 3x5 shower. Bath 3 is guest bath with tiled tub/shower & right next to Bedroom 5. 2 AC units. Storm shutters. Ceiling fans everywhere. Interior walls freshly painted. This home could work as 2 family home, guest area or in-law situation. Plenty of room in side yard to park the boat, RV or build another garage for storing all your toys!

Listing Agent

Diane D.M. Moon

Elite Real Estate License #3136084 Listed on: 07/03/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,148

Year Built

  • Built in 1989

Lot Details

  • 0.82 Acre Lot
  • West Facing Home
  • Chain Link Fence
  • Irregular Lot
  • Cleared Lot
  • Few Trees

Parking

  • 2 Car Garage
  • Garage Door Opener
  • RV Access or Parking

Home Design

  • Traditional Architecture
  • Frame Construction
  • Shingle Roof
  • Asphalt
  • Stucco

Interior Spaces

  • 2,576 Sq Ft Home
  • 1-Story Property
  • Furniture Can Be Negotiated
  • Vaulted Ceiling
  • Ceiling Fan
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Screened Porch
  • Attic Fan

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Range
  • Microwave
  • ENERGY STAR Qualified Refrigerator
  • ENERGY STAR Qualified Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • In-Law or Guest Suite
  • 3 Full Bathrooms
  • Shower Only

Laundry

  • Laundry in Garage
  • Washer and Electric Dryer Hookup

Home Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector
  • Fire Sprinkler System

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Common Area
  • Accessible Closets
  • Accessible Approach with Ramp
  • Standby Generator

Schools

  • Westside Elementary School
  • Southwest Middle School
  • Bayside High School

Farming

  • Drainage Canal

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Whole House Permanent Generator
  • Propane
  • Natural Gas Not Available
  • Private Water Source
  • Well
  • ENERGY STAR Qualified Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Port Malabar Unit 32 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 29-36-13-Kk-01596.0-0009.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,148

Year Built

Built in 1989

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1989
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, In Garage, Washer Hookup
  • ResoLotFeatures: Cleared, Drainage Canal, Few Trees, Irregular Lot
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • ResoSecurityFeatures: Fire Sprinkler System, Smoke Detector(s)
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Port Malabar Unit 32
  • Reso Accessibility Features: Accessible Approach with Ramp, Accessible Central Living Area, Accessible Closets, Accessible Common Area, Accessible Full Bath, Standby Generator
  • Architectural Style: Traditional
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Financial Info Electric: Whole House Generator
  • Location Tax and Legal Parcel Number2: 29-36-13-Kk-01596.0-0009.00
  • Location Tax and Legal Elementary School: Westside
  • Location Tax and Legal Middle School2: Southwest
  • Location Tax and Legal High School: Bayside
  • General Property Information Living Area2: 2576.0
  • General Property Information Building Area Total3: 3676.0
  • General Property Information Lot Size Acres: 0.82
  • General Property Information Lot Size Square Feet2: 35719.0
  • General Property Information New Construction YN: No
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: West
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring Laminate: Yes
  • Flooring Tile: Yes
  • General Property Information Community Fee(s) YN: No
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Levels One: Yes
  • Pets Allowed Yes: Yes
  • Road Surface Type Asphalt: Yes
  • Roof:Shingle: Yes
  • Security Features Smoke Detector(s): Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Water Source Well: Yes
  • Fencing Chain Link: Yes
  • General Property Information Carport YN2: No
  • Room Types Dining Room: Yes
  • Room Types Family Room: Yes
  • Room Types Living Room: Yes
  • Security Features Fire Sprinkler System: Yes
  • Electric Whole House Generator: Yes
  • Interior Features Guest Suite: Yes
  • Utilities Propane3: Yes
  • Interior Features Jack and Jill Bath: Yes
  • Utilities Electricity Available: Yes
  • Cooling Attic Fan: Yes
  • Lot Features Drainage Canal: Yes
  • General Property Information Land Lease YN2: No
  • Room Types Bedroom 3 Level: Main
  • Room Types Bedroom 4 Level: Main
  • Water Source Private3: Yes
  • Location Tax and Legal Zoning Description2: Residential
  • General Property Information CDD Fee YN: No
  • Architectural Style Traditional: Yes
  • Cooling Multi Units: Yes
  • Utilities Cable Connected: Yes
  • Utilities Water Connected: Yes
  • General Property Information Stories2: 1
  • Interior Features Primary Bathroom - Shower No Tub: Yes
  • Utilities Natural Gas Not Available: Yes
  • Room Types Bedroom 5 Level: Main
  • General Property Information:Pool Private YN: No
  • General Property Information:Accessory Dwelling Unit YN: No
  • Special Features: 4224
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Guest Suite, In-Law Floorplan, Jack and Jill Bath, Pantry, Primary Bathroom - Shower No Tub, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Flooring: Laminate, Tile
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Water Heater, Microwave, Refrigerator
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Total Bedrooms: 12
  • Stories: 1
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:ENERGY STAR Qualified Dishwasher: Yes
  • Appliances:ENERGY STAR Qualified Refrigerator: Yes
  • Appliances:ENERGY STAR Qualified Water Heater: Yes
  • Interior Features:In-Law Floorplan: Yes
  • Room Types Bedroom 1 Level: Main
  • Interior Features:Entrance Foyer: Yes

Exterior Features

  • Exterior Features: Storm Shutters
  • Roof: Shingle
  • Fencing: Chain Link
  • Acres: 0.82
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Frame, Stucco
  • Direction Faces: West
  • Patio And Porch Features: Covered, Front Porch, Porch, Rear Porch, Screened
  • Construction Materials:Stucco: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Exterior Features:Storm Shutters: Yes
  • Construction Materials:Frame: Yes
  • Accessibility Features:Accessible Full Bath: Yes
  • Lot Features:Few Trees: Yes
  • Lot Features:Irregular Lot: Yes
  • Lot Features:Cleared: Yes
  • Accessibility Features:Accessible Approach with Ramp: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Rear Porch: Yes
  • Patio And Porch Features:Front Porch: Yes
  • Accessibility Features:Accessible Common Area: Yes
  • Accessibility Features:Accessible Central Living Area: Yes
  • Accessibility Features:Accessible Closets: Yes
  • Accessibility Features:Standby Generator: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage Door Opener, RV Access/Parking
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Laundry Features:In Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:RV AccessParking: Yes

Utilities

  • Cooling: Attic Fan, Central Air, Electric, Multi Units
  • Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Not Available, Water Connected, Propane
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Private, Well
  • Heating:Central: Yes
  • Heating:Electric3: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Southwest

Lot Info

  • Current Use: Residential, Single Family
  • Land Lease: No
  • Lot Size Sq Ft: 35719.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2907493
  • Parcel #: 29-36-13-Kk-01596.0-0009.00
  • Zoning Description: Residential

Rental Info

  • Furnished: Negotiable

MLS Schools

  • Elementary School: Westside
  • High School: Bayside

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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
2024 $5,148 $307,050 -- --
2023 $5,148 $303,870 $0 $0
2022 $4,586 $263,850 $0 $0
2021 $4,271 $210,450 $13,500 $196,950
2020 $838 $80,630 $0 $0
2019 $709 $78,820 $0 $0
2018 $696 $77,360 $0 $0
2017 $714 $75,770 $0 $0
2016 $465 $74,220 $6,300 $67,920
2015 $477 $73,710 $4,500 $69,210
2014 $473 $70,270 $3,750 $66,520
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2025 07/26/25 Price Changed $399,900 -4.8% $155 / Sq Ft
07/03/2025 07/03/25 For Sale $420,000 +59.7% $163 / Sq Ft
08/10/2020 08/10/20 Sold $263,000 -4.4% $102 / Sq Ft
07/13/2020 07/13/20 Pending -- -- --
06/21/2020 06/21/20 For Sale $275,000 -- $107 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed $100 None Listed On Document
Quit Claim Deed $100 None Listed On Document
Warranty Deed $263,000 Supreme Title Closings Llc
Warranty Deed $263,000 Supreme Title Closings
Warranty Deed $65,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $248,000 New Conventional
Source: Public Records

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

MLS Number: 1050853

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 29-36-13-KK-01596.0-0009.00

Florida Brevard County Palm Bay 32908 Southwest Palm Bay

1501 Olympia Ave SW, Palm Bay, FL

This home is located at 1501 Olympia Ave SW, Palm Bay, FL 32908 and is currently priced at $399,900, approximately $155 per square foot. This property was built in 1989. 1501 Olympia Ave SW is a home located in Brevard County with nearby schools including Westside Elementary School, Southwest Middle School, and Bayside 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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Diane D.M. Moon
Listing Agent
Diane D.M. Moon
Section Image
Elite Real Estate
(321) 495-8014