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Sold for $422,900
  • $422,900

    1055 Banks St NW, Palm Bay, FL 32907

    4beds
    2,677sqft
    Single Family Residence
    Built in 2025
    0.27 Acres Lot
    $414,600 Zestimate®
    $158/sqft
    $2,786 Estimated rent

    Home value

    $414,600

    $377,000 - $456,000

    $2,786/mo

    Zestimate® history
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    What's special

    Exquisite finishesScreened-in lanaiLarge granite islandFour spacious bedroomsGranite countertopsBase cabinetsChef-inspired kitchen
    Move-In Ready & Packed with Upgrades! Nestled in a desirable location, The Venice boasts exquisite finishes, a spacious layout, and all the features you've been searching for—including a private guest suite, 9'4'' ceilings, and crown molding throughout. This luxurious home is thoughtfully designed to meet the needs of today's modern lifestyle. From the moment you enter the open foyer, you'll appreciate the attention to detail and elegant craftsmanship throughout. The Venice features four spacious bedrooms, including a dream-fulfilled owner's suite tucked away for privacy yet conveniently close to the heart of the home. This tranquil retreat offers ample space and comfort. One of the secondary bedrooms functions as a private guest ensuite, creating the perfect haven for visitors—a hidden gem and must-see highlight of the home. The expansive great room is ideal for both relaxation and entertaining, while the den with double French doors and a tray ceiling adds sophistication and flexibility, whether used as a home office, media room, or sitting area. At the heart of the home, the chef-inspired kitchen impresses with a large granite island, walk-in pantry, and seamless connection to the dining area, which leads directly to the screened-in lanaiperfect for enjoying Florida's indoor-outdoor lifestyle. Convenience meets style in the centrally located laundry room, complete with base cabinets and granite countertops, offering functionality with a polished finish. Additional features include landscaping, hurricane shutters, and a full builder warrantyproviding long-term peace of mind and lasting value. To complete the package, a 3-car garage offers ample space for vehicles, storage, or a workshop areaperfect for busy households or hobbyists. Experience the perfect blend of luxury, space, and functionality in The Venice. Schedule your private tour today and discover all this exceptional home has to offer!

    Zillow last checked:

    Listing updated:

    Listed by:

    Brian Acri 321-234-3715,

    New Home Star Florida LLC

    Bought with:

    Non-Member Non-Member Out Of Area, nonmls

    Non-MLS or Out of Area

    Source: Space Coast AOR,MLS#: 1051723

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Primary bedroom
    • Description: Walk-in closest, crown molding, tray ceiling, ensuite bath with large tile shower and separate soaking tub, granite countertops
    • Level: First
    • Area: 279.68
    • Dimensions: 18.40 x 15.20
    Bedroom 2
    • Description: Ceramic tile flooring
    • Level: First
    • Area: 120.31
    • Dimensions: 10.11 x 11.90
    Bedroom 3
    • Description: Ceramic tile flooring
    • Level: First
    • Area: 112.22
    • Dimensions: 10.11 x 11.10
    Bedroom 4
    • Description: Ensuite bathroom with granite countertops, walk-in closet, Ceramic tile flooring
    • Level: First
    • Area: 158.75
    • Dimensions: 12.70 x 12.50
    Den
    • Description: Den with double French glass doors and tray ceiling, ceramic tile flooring
    • Level: First
    • Area: 142.56
    • Dimensions: 14.40 x 9.90
    Dining room
    • Description: Dining area just off the kitchen, ceramic tile flooring
    • Level: First
    • Area: 142.9
    • Dimensions: 11.80 x 12.11
    Great room
    • Description: Open concept, access to private den & screened lanai, ceramic tile flooring
    • Level: First
    • Area: 496.51
    • Dimensions: 17.30 x 28.70
    Kitchen
    • Description: Granite countertops, eSTAR French door Refrigerator, walk-in pantry, large island, ceramic tile flooring
    • Level: First
    Laundry
    • Description: Centrally located, base cabinets with granite countertops, ceramic tile flooring
    • Level: First
    Other
    • Description: Screened lanai, concrete flooring with acrylic finish
    • Level: First
    • Area: 132
    • Dimensions: 13.20 x 10.00
    Heating
    • Central, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Disposal, Electric Range, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Water Heater, Microwave, Refrigerator
    Features
    • Eat-in Kitchen, Entrance Foyer, Kitchen Island, Open Floorplan, Pantry, Primary Bathroom -Tub with Separate Shower, Primary Downstairs, Split Bedrooms, Walk-In Closet(s)
    • Flooring: Tile
    • Has fireplace: No
    Interior area
    • Total structure area: 3,478
    • Total interior livable area: 2,677 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Attached, Garage
    • Attached garage spaces: 3
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Front Porch, Patio, Screened
    • Exterior features: Storm Shutters
    Lot
    • Size: 0.27 Acres
    • Features: Other
    Details
    • Additional parcels included: 2807002
    • Parcel number: 283626Kn01998.00022.00
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional,Other
    • Property subtype: Single Family Residence
    Materials
    • Block, Stucco
    • Roof: Shingle
    Condition
    • New construction: Yes
    • Year built: 2025

    Utilities & green energy

    • Sewer: Aerobic Septic
    • Water: Public
    • Utilities for property: Cable Available

    Community & HOA

    Community
    • Subdivision: Port Malabar Unit 42
    HOA
    • Has HOA: No
    Location
    • Region: Palm Bay

    Financial & listing details

    • Price per square foot: $158/sqft
    • Tax assessed value: $42,500
    • Annual tax amount: $369
    • Date on market: 7/15/2025
    • Listing terms: Cash,Conventional,FHA,VA Loan

    Price history

    DateEventPrice
    8/27/2025Pending sale$454,900+7.6%$170/sqft
    Source: Space Coast AOR #1051723 Report a problem
    8/26/2025Sold$422,900-7%$158/sqft
    Source: Space Coast AOR #1051723 Report a problem
    7/15/2025Contingent$454,900$170/sqft
    Source: Space Coast AOR #1051723 Report a problem
    7/15/2025Listed for sale$454,900+5885.5%$170/sqft
    Source: Space Coast AOR #1051723 Report a problem
    7/2/1997Sold$7,600$3/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$866 +130.3%$42,500 +14.9%
    2024$376 +1.7%$37,000
    2023$370 +33%$37,000 +39.6%
    2022$278 +21.7%$26,500 +55.9%
    2021$228 +20.5%$17,000 +41.7%
    2020$189 -19.8%$12,000 +9.1%
    2019$236 $11,000 +25%
    2018$236 +9.3%$8,800 +417.6%
    2017$216 +4.6%$1,700 -66%
    2016$207 +67.2%$5,000 +19%
    2015$124 +13.5%$4,200
    2014$109 $4,200 +20%
    2013-- $3,500 -22.2%
    2012$108 -11.8%$4,500 -11.8%
    2011$123 -4.9%$5,100 -15%
    2010$129 -24.6%$6,000 -29.4%
    2009$171 -58.5%$8,500 -61.4%
    2008$413 -28.5%$22,000 -31.3%
    2007$578 +44.2%$32,000 +60%
    2005$401 +82.1%$20,000 +100%
    2004$220 +72.3%$10,000 +81.8%
    2003$128 +14.1%$5,500 +14.6%
    2002$112 +0.6%$4,800
    2001$111 +2%$4,800
    2000$109 $4,800
    Find assessor info on the county website

    Neighborhood: 32907

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Discovery
    • Middle: Central
    • High: Heritage

    Source: Space Coast AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $414,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $414,600