$377,123
PENDING NEW CONSTRUCTION

5144 Madras Dr NW Palm Bay, FL 32907

River Lakes Neighborhood

Estimated payment $2,375/month

Total Views 33
5 Beds
3 Baths
2,520 Sq Ft
$150 Price per Sq Ft

Highlights

  • New Construction
  • Loft
  • Stone Countertops
  • In Ground Pool
  • Great Room
  • Covered Patio or Porch

About This Home

Under Construction. The brand new Malabar Springs community is nestled adjacent to the serene Three Forks conservation area with 35,000 acres of conservation protection, boat launch, picnic area, and 70 miles of trails. With resort-style 3900 square foot pool featuring a sun shelf, cabana, 2 dog parks, outdoor fitness equipment, nature trail, and multi-use park/field Malabar Springs. Discover the Marina – the crown jewel of our 30’ collection offering an impressive 2,520 sq. ft. of refined living space. This premium residence features five bedrooms and three baths, including a private first-floor suite perfect for guests or multi-generational living. The heart of the home showcases a chef-inspired kitchen with an expansive island that flows seamlessly into light-filled dining and great room areas. Upstairs, find a luxurious owner’s retreat with dual walk-in closets, three additional bedrooms, and a versatile loft space bathed in natural light from thoughtfully positioned windows. The Marina delivers uncompromising style and functionality for growing families seeking generous space without sacrificing sophistication. All Ryan Homes now include WIFI-enabled garage opener and Ecobee thermostat. **Closing cost assistance is available with use of Builder’s affiliated lender**. DISCLAIMER: Prices, financing, promotion, and offers subject to change without notice. Offer valid on new sales only. See Community Sales and Marketing Representative for details. Promotions cannot be combined with any other offer. All uploaded photos are stock photos of this floor plan. Actual home may differ from photos. Schools: Elem: Jupiter Elementary School; Middle: Southwestern Middle School; HS: Heritage High School.

Listing Agent

William Maltbie

MALTBIE REALTY GROUP Brokerage Phone: 813-819-5255 License #3493842 Listed on: 12/05/2025

Home Details

Home Type

  • Single Family

Year Built

  • Completed in 2026 | New Construction

Lot Details

  • 4,906 Sq Ft Lot
  • Lot Dimensions are 40x120
  • North Facing Home
  • Native Plants
  • Property is zoned 00

HOA Fees

  • $20 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Home is estimated to be completed on 5/31/26
  • Bi-Level Home
  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,520 Sq Ft Home
  • Tray Ceiling
  • ENERGY STAR Qualified Windows
  • French Doors
  • Great Room
  • Family Room Off Kitchen
  • Dining Room
  • Loft
  • Inside Utility
  • Laundry on upper level

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Carpet
  • No or Low VOC Flooring
  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • 3 Full Bathrooms
  • Shower Only

Home Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient HVAC
  • Energy-Efficient Lighting
  • Energy-Efficient Thermostat
  • No or Low VOC Paint or Finish
  • Ventilation
  • HVAC Filter MERV Rating 8+
  • Drip Irrigation

Pool

  • In Ground Pool
  • Gunite Pool
  • Child Gate Fence

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Visit Down Payment Resource Website
  • Legal Lot and Block 11 / C
  • Assessor Parcel Number 28-36-32-25-C-11
  • $1,872 per year additional tax assessments

Community Details

Overview

  • Association fees include recreational facilities
  • Ryan Homes Association
  • Built by RYAN HOMES
  • Malabar Springs Subdivision, Marina Floorplan
  • Association Owns Recreation Facilities

Recreation

  • Community Playground
  • Community Pool
  • Park

Home Details

Home Type

Single Family

Year Built

Completed in 2026 | New Construction

Lot Details

0

HOA Fees

$20 per month

Parking

2

Listing Details

  • HOA Fee Includes: Recreational Facilities
  • Property Type: Residential
  • Property Condition: Under Construction
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco, Frame
  • Fireplace: No
  • Living Area: 2520
  • Lot Size Acres: 0.11
  • New Construction: Yes
  • Year Built: 2026
  • Building Area Total: 2965
  • Lot Size Sq Ft: 4906
  • Status: Pending
  • Street Post Direction: NW
  • Ownership: Fee Simple
  • Building Area Total Srch Sq M: 275.46
  • Escrow State: FL
  • Minimum Lease: 7 Months
  • Number Of Pets: 3
  • RATIO Current Price By Calculate: 149.65
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 813-819-5255
  • Tax Year: 2025
  • Special Features: NewHome

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Concrete
  • Full Bathrooms: 3
  • Interior Amenities: Eat-in Kitchen, Kitchen/Family Room Combo, PrimaryBedroom Upstairs, Stone Counters, Thermostat, Tray Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Microwave, Range
  • Foundation Details: Slab
  • Total Bedrooms: 5
  • Levels: Two
  • Other Equipment: Irrigation Equipment
  • Window Features: ENERGY STAR Qualified Windows
  • Additional Rooms: Inside Utility,Loft
  • Living Area Meters: 234.12

Exterior Features

  • Direction Faces: North
  • Pool Features: Child Safety Fence, Gunite, In Ground, Other
  • Exterior Features: French Doors, Hurricane Shutters
  • Roof: Shingle
  • Home Warranty: Yes
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered, Patio
  • Road Surface Type: Paved
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Projected Completion Date: 2026-05-31T00:00:00.000

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener

Utilities

  • Utilities: BB/HS Internet Available, Cable Available
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Park, Playground, Pool
  • Association Amenities: Park, Playground
  • Association Fee: 20
  • Association Fee Frequency: Monthly
  • Association Name: RYAN HOMES
  • Association: Yes
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Pet Restrictions: Leash Law
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 240.00
  • Total Monthly Fees: 20.00
  • Monthly HOA Amount: 20.00

Lot Info

  • Zoning: 00
  • Parcel Number: 28-36-32-25-C-11
  • Additional Parcels: No
  • Lot Features: Sidewalk, Paved
  • Lot Dimensions: 40x120
  • Flood Zone Code: X

Green Features

  • Efficiency: Appliances, HVAC, Lighting, Thermostat, Windows
  • Green Indoor Air Qlty: HVAC Filter MERV 8+, No/Low VOC Flooring, No/Low VOC Paint/Finish, Ventilation
  • Green Water Conservation: Drip Irrigation
  • Green Landscaping: Fl. Friendly/Native Landscape

Building Info

  • Builder Name: RYAN HOMES

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Number Limit
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: No short term lease.

Tax Info

  • Tax Block: C
  • Tax Book Number: 77/04
  • Tax Lot: 11
  • Tax Other Annual Assessment Amount: 1872

Map

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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
2025 -- $35,500 -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/05/2025 12/05/25 Pending -- -- --
12/05/2025 12/05/25 For Sale $377,123 -- $150 / Sq Ft
Source: Stellar MLS

About the Listing Agent

William Maltbie
William Maltbie

MALTBIE REALTY GROUP

(321) 499-6877

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Source: Stellar MLS

MLS Number: W7881241

Stellar MLS

APN: 28-36-32-25-0000C.0-0011.00

Florida Brevard County Palm Bay 32907 River Lakes

5144 Madras Dr NW, Palm Bay, FL

Pending

Detached

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William Maltbie
William Maltbie
Listing Agent Section Image
MALTBIE REALTY GROUP
(321) 499-6877