581 Drexel Ave NE Palm Bay, FL 32907
Port Malabar NeighborhoodEstimated payment $3,089/month
Highlights
- RV Access or Parking
- 0.8 Acre Lot
- Craftsman Architecture
- Views of Preserve
- Open Floorplan
- Deck
About This Home
A Rare Opportunity Awaits! Become the proud new owner of this one-of-a-kind, custom-built home by original owner. Offering just under 2,900 sq ft of beautifully designed living space, this home is perfectly nestled on a .80-acre lot adjacent to the peaceful Turkey Creek Sanctuary, providing a true private retreat. Enjoy breathtaking views from the screened back porch and expansive deck—ideal for entertaining or simply relaxing in nature's embrace. The home welcomes you with a charming front porch entry leading to a spacious foyer. The main level features a formal dining room, a cozy family room with a gas fireplace, and an open-concept, fully equipped kitchen with a step-up breakfast bar and a breakfast nook framed by a bay window. The split-bedroom layout offers privacy, with a large owner's suite boasting a walk-in closet, ceiling fan, a single French door to the screened porch, and an ensuite bathroom complete with a dual sink vanity and walk-in tile shower. The Highlight: In addition to the 3 downstairs bedrooms, An upstairs bonus room above the three-car garage, offering just under 1,000 sq ft of flexible space,perfect for a 4th bedroom, home office, gym, guest suite, or entertainment area. Additional features include tile flooring throughout, fresh interior paint, two half baths, and much more to explore. Don't miss this incredible opportunity schedule your tour today! Other: Metal Roof (2019), New HVAC (2020), New Gutters (2019), Water Heater (2023), Exterior paint 5/2023), Accordian Shutters (2023),. A MUST TOUR in person to fully grasp how special this lovingly maintained home is and to enjoy the peaceful serenity surrounded by all the nature.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,920
Year Built
- Built in 2001
Lot Details
- 0.8 Acre Lot
- West Facing Home
- Many Trees
Parking
- 3 Car Attached Garage
- Garage Door Opener
- RV Access or Parking
Home Design
- Craftsman Architecture
- Traditional Architecture
- Metal Roof
- Block Exterior
- Asphalt
- Stucco
Interior Spaces
- 2,858 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Vaulted Ceiling
- Ceiling Fan
- Free Standing Fireplace
- Gas Fireplace
- Family Room
- Dining Room
- Screened Porch
- Views of Preserve
Kitchen
- Breakfast Area or Nook
- Breakfast Bar
- Electric Range
- Microwave
- Ice Maker
- Dishwasher
- Disposal
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
- Split Bedroom Floorplan
- Walk-In Closet
- Shower Only
Laundry
- Laundry in Garage
- Washer and Electric Dryer Hookup
Home Security
- Hurricane or Storm Shutters
- Fire and Smoke Detector
Outdoor Features
- Deck
Schools
- Port Malabar Elementary School
- Stone Middle School
- Palm Bay High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Septic Tank
- Cable TV Available
Community Details
- No Home Owners Association
- Port Malabar Unit 6 Subdivision
Listing and Financial Details
- Assessor Parcel Number 28-37-35-Ft-00115.0-0003.00
Map
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 |
---|---|---|---|---|
2024 | $1,863 | $146,460 | -- | -- |
2023 | $1,863 | $142,200 | $0 | $0 |
2022 | $1,859 | $138,060 | $0 | $0 |
2021 | $1,809 | $134,040 | $0 | $0 |
2020 | $1,851 | $132,190 | $0 | $0 |
2019 | $2,062 | $129,220 | $0 | $0 |
2018 | $2,015 | $126,820 | $0 | $0 |
2017 | $2,040 | $124,220 | $0 | $0 |
2016 | $1,791 | $121,670 | $12,100 | $109,570 |
2015 | $1,749 | $120,830 | $12,100 | $108,730 |
2014 | $1,756 | $119,880 | $12,100 | $107,780 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/07/2025 07/07/25 | Price Changed | $549,900 | -8.0% | $192 / Sq Ft |
03/20/2025 03/20/25 | For Sale | $597,700 | -- | $209 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | -- | Attorney |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $80,000 | New Conventional |
Source: Space Coast MLS (Space Coast Association of REALTORS®)
MLS Number: 1040611

APN: 28-37-35-FT-00115.0-0003.00
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