Escape the crowded subdivisions and discover the incredible potential at this 3-bedroom, 2-bathroom home located in a highly desirable pocket of NW Palm Bay. Offering the perfect blend of a functional layout and unparalleled backyard privacy, this property is a rare find for buyers looking to build sweat equity or investors seeking a high-yield project. The backyard directly backs up to 9.5 acres of densely wooded land. Quick access to the St. Johns Heritage Parkway, I-95, and major local aerospace/tech employers. Close proximity to local schools, regional parks, shopping centers, and dining options. Just a short drive across the causeway to the pristine Atlantic beaches and the Indian River Lagoon Opportunities to find a home with ''great bones'' that backs up to massive city-protected green space are vanishingly rare at this price point. Bring your vision, your tools, and your offers--this NW Palm Bay gem is ready for its next chapter!
Auction
Est. $254,900
1296 Stone St NW, Palm Bay, FL 32907
3beds
1,858sqft
Single Family Residence
Built in 2002
10,018 Square Feet Lot
$288,800 Zestimate®
$137/sqft
$-- HOA
What's special
Functional layoutUnparalleled backyard privacy
- 111 days
- 306
- 12
Zillow last checked:
Listing updated:
Listed by:
Shirley Weems 321-900-9900,
Waterman Real Estate, Inc.
Source: Space Coast AOR,MLS#: 1079636
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Central, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Other
- Laundry: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
Features
- Breakfast Bar, Ceiling Fan(s), His and Hers Closets, Pantry, Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Split Bedrooms, Walk-In Closet(s)
- Flooring: Carpet, Tile
- Has fireplace: No
Interior area
- Total interior livable area: 1,858 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Attached, Garage
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio
Lot
- Size: 10,018 Square Feet
- Features: Other
Details
- Additional parcels included: 2809239
- Parcel number: 283627Kn01782.00004.00
- Special conditions: Auction,Real Estate Owned
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Block, Concrete, Stucco
- Roof: Shingle
Condition
- Fixer
- New construction: No
- Year built: 2002
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Water Available
Community & HOA
Community
- Subdivision: Port Malabar Unit 42
HOA
- Has HOA: No
Location
- Region: Palm Bay
Financial & listing details
- Price per square foot: $137/sqft
- Tax assessed value: $266,460
- Annual tax amount: $4,157
- Date on market: 6/10/2026
- Listing terms: Cash
- Road surface type: Asphalt, Paved
Foreclosure details
Estimated market value
$288,800
$263,000 - $309,000
$2,012/mo
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,158 -5.6% | $266,460 -4.1% |
| 2024 | $4,407 -1.4% | $277,870 +2.5% |
| 2023 | $4,471 +10.9% | $271,010 +12.4% |
| 2022 | $4,033 +81.3% | $241,200 +60.5% |
| 2021 | $2,225 +2.1% | $150,300 +1.4% |
| 2020 | $2,179 -6.7% | $148,230 +2.3% |
| 2019 | $2,336 | $144,900 +1.9% |
| 2018 | $2,336 +2.5% | $142,200 +2.1% |
| 2017 | $2,279 -0.7% | $139,280 +8.5% |
| 2016 | $2,296 -19.6% | $128,360 +67.8% |
| 2015 | $2,856 +236.7% | $76,490 +0.8% |
| 2014 | $848 | $75,890 -5.3% |
| 2013 | -- | $80,140 +9% |
| 2012 | $793 -1.5% | $73,520 -1.8% |
| 2011 | $805 -23.7% | $74,890 -16.9% |
| 2010 | $1,055 -23.9% | $90,090 -17.5% |
| 2009 | $1,387 -24.8% | $109,220 -20.9% |
| 2008 | $1,845 -18.9% | $138,000 -11% |
| 2007 | $2,275 -21.4% | $155,000 +5.6% |
| 2005 | $2,893 +35.9% | $146,840 +42.9% |
| 2004 | $2,128 +3.7% | $102,740 +20.9% |
| 2003 | $2,052 +1733.3% | $84,960 +1670% |
| 2002 | $112 +0.6% | $4,800 |
| 2001 | $111 +2% | $4,800 |
| 2000 | $109 | $4,800 |
Find assessor info on the county website
Climate risks
Neighborhood: 32907
Nearby schools
Schools provided by the listing agent
- 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.

