NEW CONSTRUCTION
$44K PRICE DROP
227 Krefeld Rd NW Palm Bay, FL 32907
Northwest Palm Bay NeighborhoodEstimated payment $2,458/month
Total Views
1,448
4
Beds
2.5
Baths
2,249
Sq Ft
$194
Price per Sq Ft
Highlights
- New Construction
- Traditional Architecture
- Covered patio or porch
- Open Floorplan
- No HOA
- Breakfast Area or Nook
About This Home
WOW! Take advantage of incredible financing options with up to $30,000 in FLEX cash that can be used toward closing costs, prepaids, or a rate buydown when using the builder's preferred lender. FHA with 3.5% down P&I and PMI: 2,620.59, VA 0% down P&I: 2,525.18, Conventional loan Estimated Monthly P&I: $2,090.80 (excluding escrow, with approved lender). This quality-built home offers 4 bedrooms, 2.5 bathrooms, and 2,249 sq. ft. of beautifully upgraded living space on city water. There's no carpet—only premium tile and luxury vinyl plank flooring throughout. Features include tray ceilings, custom solid wood cabinetry, quartz countertops (no Formica), tiled showers (no plastic inserts), quartz vanities, stainless steel appliances, and a large walk-in pantry. The primary suite offers a convenient connection to the laundry room. Additional highlights include 9'4'' ceilings, a double-door entry, an oversized 2-car garage, and a spacious truss-covered back porchperfect for relaxing or or entertaining. A 1-1-7 builder warranty is included for added peace of mind. PLUS a 1% lender-paid buydown for the first year!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $614
Year Built
- Built in 2025 | New Construction
Lot Details
- 0.31 Acre Lot
- West Facing Home
Parking
- 2 Car Attached Garage
Home Design
- Home is estimated to be completed on 5/28/25
- Traditional Architecture
- Shingle Roof
- Concrete Siding
- Block Exterior
- Asphalt
- Stucco
Interior Spaces
- 2,249 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Built-In Features
- Entrance Foyer
- Washer and Electric Dryer Hookup
Kitchen
- Breakfast Area or Nook
- Breakfast Bar
- Electric Range
- Microwave
- Dishwasher
Flooring
- Tile
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- Split Bedroom Floorplan
- Walk-In Closet
- Shower Only
Home Security
- Hurricane or Storm Shutters
- Fire and Smoke Detector
Outdoor Features
- Covered patio or porch
Schools
- Lockmar Elementary School
- Central Middle School
- Heritage High School
Utilities
- Central Heating and Cooling System
- Septic Tank
- Cable TV Available
Community Details
- No Home Owners Association
- Port Malabar Unit 48 Subdivision
Listing and Financial Details
- Assessor Parcel Number 28-36-24-Kr-02458.0-0040.00
Map
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Home Values in the Area
Average Home Value in this Area
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 | $614 | $37,000 | $37,000 | $0 |
| 2022 | $520 | $26,500 | $0 | $0 |
| 2021 | $224 | $17,000 | $17,000 | $0 |
| 2020 | $185 | $12,000 | $12,000 | $0 |
| 2019 | $240 | $11,000 | $11,000 | $0 |
| 2018 | $220 | $8,800 | $8,800 | $0 |
| 2017 | $212 | $1,700 | $0 | $0 |
| 2016 | $127 | $6,000 | $6,000 | $0 |
| 2015 | $108 | $4,000 | $4,000 | $0 |
| 2014 | $110 | $4,000 | $4,000 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/07/2025 07/07/25 | Price Changed | $435,777 | -2.2% | $194 / Sq Ft |
| 06/12/2025 06/12/25 | Price Changed | $445,777 | -7.1% | $198 / Sq Ft |
| 05/28/2025 05/28/25 | For Sale | $479,777 | -- | $213 / Sq Ft |
Source: Space Coast MLS (Space Coast Association of REALTORS®)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed In Lieu Of Foreclosure | $1,073,200 | Peninsula Title & Escrow Servi | |
| Warranty Deed | $22,000 | East Coast Title | |
| Warranty Deed | $35,000 | State Title Partners Llp | |
| Warranty Deed | $16,300 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $139,488 | Construction |
Source: Public Records
Similar Homes in Palm Bay, FL
Source: Space Coast MLS (Space Coast Association of REALTORS®)
MLS Number: 1047342
APN: 28-36-24-KR-02458.0-0040.00
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