Affordable 4 Bedroom Home for Sale in Palm Bay with City Water & Sewer – Move-In Ready! Searching for an affordable 4-bedroom home in Palm Bay, FL? This move-in-ready home in the desirable Port Malabar area offers exceptional value, flexible living space, and major updates—all for just $240,000. Featuring approximately 1,300 square feet of living space, this well-maintained home includes 4 bedrooms, 1.5 bathrooms, and a versatile floor plan ideal for first-time homebuyers, growing families, remote workers, or investors seeking a great Palm Bay real estate opportunity. The professionally converted garage serves as a spacious fourth bedroom with central air conditioning while still providing additional storage space. Recent improvements include a brand-new roof installed in 2023, giving buyers added peace of mind. The property is connected to city water and city sewer, eliminating the maintenance and expense of well and septic systems—a highly sought-after feature among Palm Bay homes for sale. Conveniently located near shopping centers, restaurants, parks, schools, medical facilities, and major roadways, this home offers easy commuting throughout Brevard County and quick access to Florida's beautiful Space Coast beaches. Whether you're looking for a starter home, investment property, or affordable family home in Palm Bay, this property checks all the boxes with its combination of location, value, and functionality. First-time homebuyers may qualify for down payment assistance programs that could significantly reduce upfront costs. Ask for details. Affordable move-in-ready homes with 4 bedrooms, city utilities, and recent updates are hard to find in today's market. Schedule your private showing today before this opportunity is gone!
For sale
Price cut: $6K (8/16)
$240,000
1107 CABLE LANE, PALM BAY, FL 32905
4beds
1,350sqft
Single Family Residence
Built in 1964
7,405 Square Feet Lot
$-- Zestimate®
$178/sqft
$-- HOA
What's special
Versatile floor planAdditional storage spaceCentral air conditioning
- 158 days
- 911
- 49
Zillow last checked:
Listing updated:
Listed by:
Sudi Hernandez 321-345-3202,
REALTY HUB 407-900-1001
Source: Stellar MLS,MLS#: TB8504013
Originating MLS: Orlando Regional

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Primary bedroom
- Features: Storage Closet
- Level: First
Primary bathroom
- Level: First
Dining room
- Level: First
Kitchen
- Level: First
Living room
- Level: First
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Range, Refrigerator
- Laundry: In Garage
Features
- Open Floorplan, Primary Bedroom Main Floor
- Flooring: Carpet, Tile
- Has fireplace: No
Interior area
- Total structure area: 1,443
- Total interior livable area: 1,350 sqft
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Garage - Attached
- Attached garage spaces: 1
Features
- Levels: One
- Stories: 1
- Exterior features: Garden, Storage
Lot
- Size: 7,405 Square Feet
Details
- Parcel number: 2833781
- Zoning: R
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Wood Frame
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1964
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Public, Sewer Connected, Water Connected
Community & HOA
Community
- Pet fee: $0 monthly
- Subdivision: PORT MALABAR UNIT 1, REPLAT OF PT OF
HOA
- Has HOA: No
Location
- Region: Palm Bay
Financial & listing details
- Price per square foot: $178/sqft
- Tax assessed value: $193,620
- Annual tax amount: $1,653
- Date on market: 5/1/2026
- Cumulative days on market: 360 days
- Listing terms: Cash,Conventional,FHA,Special Funding,VA Loan
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/16/2026 | Price change | $240,000-2.4%$178/sqft |
Source: | ||
| 6/24/2026 | Price change | $246,000-1.6%$182/sqft |
Source: | ||
| 6/7/2026 | Price change | $250,000-2%$185/sqft |
Source: | ||
| 5/11/2026 | Price change | $255,000-3.8%$189/sqft |
Source: | ||
| 5/1/2026 | Listed for sale | $265,000-5.4%$196/sqft |
Source: | ||
| 4/1/2026 | Listing removed | $280,000$207/sqft |
Source: | ||
| 12/15/2025 | Price change | $280,000-1.8%$207/sqft |
Source: | ||
| 10/22/2025 | Price change | $285,000-1.4%$211/sqft |
Source: | ||
| 10/17/2025 | Price change | $289,000-0.3%$214/sqft |
Source: | ||
| 9/10/2025 | Listed for sale | $290,000+26.1%$215/sqft |
Source: | ||
| 6/30/2023 | Sold | $230,000+4.5%$170/sqft |
Source: Space Coast AOR #957498 Report a problem | ||
| 5/28/2023 | Contingent | $220,000$163/sqft |
Source: Space Coast AOR #957498 Report a problem | ||
| 5/2/2023 | Listed for sale | $220,000$163/sqft |
Source: Space Coast AOR #957498 Report a problem | ||
| 4/18/2023 | Contingent | $220,000$163/sqft |
Source: Space Coast AOR #957498 Report a problem | ||
| 4/13/2023 | Listed for sale | $220,000$163/sqft |
Source: Space Coast AOR #957498 Report a problem | ||
| 4/4/2023 | Contingent | $220,000$163/sqft |
Source: Space Coast AOR #957498 Report a problem | ||
| 4/1/2023 | Price change | $220,000-8.3%$163/sqft |
Source: Space Coast AOR #957498 Report a problem | ||
| 3/30/2023 | Price change | $239,900-4%$178/sqft |
Source: Space Coast AOR #957498 Report a problem | ||
| 3/10/2023 | Price change | $249,900-2%$185/sqft |
Source: Space Coast AOR #957498 Report a problem | ||
| 3/2/2023 | Price change | $255,000-1.9%$189/sqft |
Source: Space Coast AOR #957498 Report a problem | ||
| 2/17/2023 | Listed for sale | $260,000+4%$193/sqft |
Source: Space Coast AOR #957498 Report a problem | ||
| 2/9/2023 | Listing removed | -- |
Source: Owner Report a problem | ||
| 2/7/2023 | Listed for sale | $250,000+13.4%$185/sqft |
Source: Owner Report a problem | ||
| 11/9/2021 | Sold | $220,500+13.1%$163/sqft |
Source: Space Coast AOR #916575 Report a problem | ||
| 10/1/2021 | Pending sale | $195,000$144/sqft |
Source: | ||
| 10/1/2021 | Contingent | $195,000+69.6%$144/sqft |
Source: Space Coast AOR #916575 Report a problem | ||
| 12/8/2017 | Sold | $115,000+155.6%$85/sqft |
Source: Space Coast AOR #795802 Report a problem | ||
| 12/21/2010 | Sold | $45,000$33/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,722 +2.9% | $133,040 +2.9% |
| 2024 | $1,673 -54.7% | $129,300 -34% |
| 2023 | $3,691 +93.2% | $196,030 +38.4% |
| 2022 | $1,910 +94.5% | $141,640 +58.9% |
| 2021 | $982 +2.6% | $89,130 +1.4% |
| 2020 | $957 -9.1% | $87,900 +2.3% |
| 2019 | $1,053 | $85,930 +1.9% |
| 2018 | $1,053 +2.8% | $84,330 +162.6% |
| 2017 | $1,025 +210.1% | $32,110 +2.1% |
| 2016 | $330 +68.1% | $31,450 +0.7% |
| 2015 | $197 +1.9% | $31,240 +0.8% |
| 2014 | $193 | $31,000 +1.5% |
| 2013 | -- | $30,550 +1.5% |
| 2012 | $123 -26.2% | $30,090 -5.6% |
| 2011 | $166 -46.3% | $31,890 -26.5% |
| 2010 | $309 -30.3% | $43,410 -21.4% |
| 2009 | $444 -21.5% | $55,250 -26.6% |
| 2008 | $565 +69.6% | $75,300 -21.4% |
| 2007 | $333 +3% | $95,800 +39.4% |
| 2005 | $323 -1.5% | $68,700 +43.7% |
| 2004 | $329 -0.2% | $47,800 -3.5% |
| 2003 | $329 +6.6% | $49,530 +6.7% |
| 2002 | $309 +19.8% | $46,430 +13.5% |
| 2001 | $258 -1.6% | $40,900 +3.7% |
| 2000 | $262 | $39,440 |
Find assessor info on the county website
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