RENTED MAR 18, 2026

542 Octavius Rd SW Palm Bay, FL 32908

Palm Bay Area

Estimated Value: $270,000 - $349,000

3 Beds
2 Baths
2,020 Sq Ft
$154/Sq Ft Est. Value

Sale Details

Date Sold: August 17, 2012

Last sale price $73,000 $36 Per Sq Ft

Est. 327% increase in value since last sale

Current estimated payment $2,091 / mo

Highlights

  • Open Floorplan
  • No HOA
  • Hurricane or Storm Shutters
  • Vaulted Ceiling
  • Screened Porch
  • 2 Car Attached Garage

About This Home

As of March 2026

BEAUTIFUL & SPACIOUS 3BR/2BA CITY WATER HOME WITH AN ENORMOUS 12X59 SCREENED PORCH! FRESHLY PAINTED INTERIOR WITH BRAND NEW TILE THROUGHOUT AND A FLEXIBLE FLOORPLAN TO FIT YOUR LIFESTYLE. UPON ENTRY, A LARGE FRONT ROOM CAN SERVE AS FORMAL LIVING OR DINING. TO THE LEFT IS A VERSATILE FLEX ROOM PERFECT FOR A HOME OFFICE, PLAYROOM OR POTENTIAL USE AS A 4TH BEDROOM (NO CLOSET). THROUGH THE ARCHED OPENING IS A HUGE EAT-IN KITCHEN WITH ISLAND, PANTRY, BUILT-IN DESK AND LOADS OF CABINETS, OPEN TO THE EXPANSIVE FAMILY ROOM--IDEAL FOR ENTERTAINING. STEP OUT TO THE MASSIVE SCREENED PORCH OVERLOOKING THE FENCED YARD. THE PRIMARY SUITE FITS A KING BED AND FEATURES A LARGE CLOSET, SOAKING TUB, WALK-IN TILED SHOWER, VANITY SEATING AND PORCH ACCESS. CONVENIENTLY LOCATED, SCREENED FRONT ENTRY OVERSIZED LAUNDRY ROOM WITH EXTRA SPACE PLUS ACCORDION HURRICANE SHUTTERS AROUND HOME. ONE PET ALLOWED, 40 LB MAX WITH $350 NON-REF PET DEP AND VET RECORDS. CLOSE TO SCHOOLS AND SHOPPING.

Last Agent to Rent the Property

Cheryl Smith

Cheryl Smith Realty, Inc License #426949 Listed on: 02/18/2026

Last Renter's Agent

Cheryl Smith

Cheryl Smith Realty, Inc License #426949 Listed on: 02/18/2026

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2001

Lot Details

  • 10,019 Sq Ft Lot
  • North Facing Home
  • Back Yard Fenced
  • Chain Link Fence

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Asphalt

Interior Spaces

  • 2,020 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Entrance Foyer
  • Screened Porch
  • Hurricane or Storm Shutters

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Sewer Not Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Port Malabar Unit 31 Subdivision

Listing and Financial Details

  • Security Deposit $2,045
  • Property Available on 2/17/26
  • The owner pays for taxes
  • $60 Application Fee
  • Assessor Parcel Number 29-36-24-Jp-01480.0-0010.00

Home Details

Home Type

Single Family

Year Built

Built in 2001

Lot Details

10,019 Sq Ft Lot

Parking

2

Rental Info

  • Furnished: Unfurnished
  • Rent Includes: None
  • Lease Term: 12 Months
  • Owner Pays: Taxes
  • Available Date: 2026-02-17

Listing Details

  • Property Type: Residential Lease
  • Year Built: 2001
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, In Unit, Washer Hookup
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt, Paved
  • Reso Association Amenities: None
  • ResoSpecialListingConditions: Smoking Prohibited
  • Subdivision Name: Port Malabar Unit 31
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Pets Allowed Total Number Of Pets: 1
  • Deposits and Fees Application Fee: 60.0
  • Deposits and Fees Security Deposit: 2045.0
  • Deposits and Fees Pet FeeDeposit: 350.0
  • Marketing Remarks:Marketing Remarks: BEAUTIFUL & SPACIOUS 3BR/2BA CITY WATER HOME WITH AN ENORMOUS 12X59 SCREENED PORCH! FRESHLY PAINTED INTERIOR WITH BRAND NEW TILE THROUGHOUT AND A FLEXIBLE FLOORPLAN TO FIT YOUR LIFESTYLE. UPON ENTRY, A LARGE FRONT ROOM CAN SERVE AS FORMAL LIVING OR DINING. TO THE LEFT IS A VERSATILE FLEX ROOM PERFECT FOR A HOME OFFICE, PLAYROOM OR POTENTIAL USE AS A 4TH BEDROOM (NO CLOSET). THROUGH THE ARCHED OPENING IS A HUGE EAT-IN KITCHEN WITH ISLAND, PANTRY, BUILT-IN DESK AND LOADS OF CABINETS, OPEN TO THE EXPANSIVE FAMILY ROOM--IDEAL FOR ENTERTAINING. STEP OUT TO THE MASSIVE SCREENED PORCH OVERLOOKING THE FENCED YARD. THE PRIMARY SUITE FITS A KING BED AND FEATURES A LARGE CLOSET, SOAKING TUB, WALK-IN TILED SHOWER, VANITY SEATING AND PORCH ACCESS. CONVENIENTLY LOCATED OVERSIZED LAUNDRY ROOM WITH EXTRA SPACE PLUS ACCORDION HURRICANE SHUTTERS AROUND HOME. ONE PET ALLOWED, 40 LB MAX WITH $350 NON-REF PET DEP AND VET RECORDS. CLOSE TO SCHOOLS AND SHOPPING. CHERYL SMITH REALTY INC 321-951-0322.
  • General Property Information Water Body Access YN3: No
  • Pets Allowed Maximum Weight Allowed: 40
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

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

Exterior Features

  • Exterior Features: Storm Shutters
  • Fencing: Back Yard, Chain Link
  • Acres: 0.23
  • Pool Private: No
  • Waterfront: No
  • Direction Faces: North
  • Patio And Porch Features: Front Porch, Porch, Rear Porch, Screened

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: Southwest

Lot Info

  • ResoLotSizeUnits: Acres
  • Parcel #: 29-36-24-Jp-01480.0-0010.00

MLS Schools

  • Elementary School: Westside
  • High School: Bayside

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2012
Closed on
Aug 17, 2012
Sold by
Bought by
Seller's Agent
Jack Taylor
RE/MAX Alternative Realty
Buyer's Agent
Cheryl Smith
Cheryl Smith Realty, Inc
List Price
$75,000
Sold Price
$73,000
Premium/Discount to List
-$2,000
-2.67%
Current Estimated Value
$311,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$238,800
Avg. Annual Appreciation
10.96%

Purchase Details

Closed on
Jan 26, 2001
Sold by
Bought by

Purchase Details

Closed on
Aug 1, 2000
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$73,000 Alliance Title Insurance Age
$91,100 --
$2,300 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $120,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/18/2026 03/18/26 Rented $2,045 0.0% --
03/13/2026 03/13/26 Under Contract -- -- --
03/04/2026 03/04/26 Price Changed $2,045 -2.4% $1 / Sq Ft
02/18/2026 02/18/26 For Rent $2,095 0.0% --
08/17/2012 08/17/12 Sold $73,000 -2.7% $36 / Sq Ft View Prior Sale
06/13/2012 06/13/12 Pending -- -- --
01/13/2012 01/13/12 For Sale $75,000 -- $37 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,704 $258,380
2024 $4,442 $253,550
2023 $4,442 $246,150 $35,000 $211,150
2022 $4,121 $233,930 $0 $0
2021 $3,858 $189,720 $10,000 $179,720
2020 $3,574 $177,870 $7,500 $170,370
2019 $3,559 $167,220 $7,500 $159,720
2018 $3,266 $155,440 $6,400 $149,040
2017 $3,130 $147,890 $5,000 $142,890
2016 $2,829 $142,890 $4,500 $138,390
2015 $2,593 $108,830 $4,000 $104,830
2014 $2,372 $98,940 $3,500 $95,440
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 1069700

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 29-36-24-JP-01480.0-0010.00

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