This 3 bedroom 2 bathroom home offers the ultimate blank canvas for seasoned investors, flippers, or ambitious handy homeowners. Located in the popular, centrally located Oakwood Villas community in Northeast Palm Bay, this property has been stripped down and is ready for a complete top-to-bottom transformation. The interior is a clean slate, stripped of all cabinetry, appliances, and plumbing fixtures. You don't have to work around someone else's half-finished choices--design the floor plan, kitchen, and baths exactly the way you want to maximize resale value or rental yield. Offering a highly desirable layout with an inviting entry courtyard this model yields fantastic structural potential once brought back to life. When you renovate in Oakwood Villas, you aren't just restoring a property--you're investing in a highly rentable, highly desirable community with low-maintenance benefits. Hurry! this home will not last long!
Foreclosed
$157,480
1490 Sheafe Ave NE APT 102, Palm Bay, FL 32905
3beds
1,156sqft
Townhouse
Built in 1982
1,742 Square Feet Lot
$-- Zestimate®
$136/sqft
$310/mo HOA
What's special
Inviting entry courtyardHighly desirable layout
- 110 days
- 40
- 1
Zillow last checked:
Listing updated:
Listed by:
Shirley Weems 321-900-9900,
Waterman Real Estate, Inc.
Source: Space Coast AOR,MLS#: 1082325
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Central, Electric
Cooling
- Central Air, Electric
Appliances
- Included: None
Features
- Other
- Flooring: Concrete, Other
- Has fireplace: No
Interior area
- Total interior livable area: 1,156 sqft
Property
Parking
- Parking features: Assigned
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio, Terrace
- Exterior features: Courtyard
Lot
- Size: 1,742 Square Feet
- Features: Other
Details
- Additional parcels included: 2829582
- Parcel number: 2837207500092.00019.00
- Special conditions: Real Estate Owned
Construction
Type & style
- Home type: Townhouse
- Architectural style: Traditional
- Property subtype: Townhouse
Materials
- Frame, Stucco
- Roof: Shingle
Condition
- Fixer
- New construction: No
- Year built: 1982
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Sewer Available, Water Available
Community & HOA
Community
- Subdivision: Port Malabar Country Club Unit 7
HOA
- Has HOA: Yes
- Amenities included: Clubhouse, Maintenance Grounds, Pool, Tennis Court(s)
- Services included: Maintenance Grounds
- HOA fee: $3,720 annually
- HOA name: Oakwood Villas Association
- HOA phone: 321-724-2673
Location
- Region: Palm Bay
Financial & listing details
- Price per square foot: $136/sqft
- Tax assessed value: $157,480
- Annual tax amount: $2,942
- Date on market: 7/31/2026
- Listing terms: Cash
- Road surface type: Asphalt, Paved
Foreclosure details
Estimated market value
Not available
Estimated sales range
Not available
$1,735/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/4/2026 | Sold | $92,000+7%$80/sqft |
Source: Space Coast AOR #1082325 Report a problem | ||
| 5/28/2026 | Sold | $86,000+24.6%$74/sqft |
Source: Public Record Report a problem | ||
| 10/21/2014 | Listing removed | $69,000$60/sqft |
Source: Sunstate Realty & Property Management #708570 Report a problem | ||
| 10/11/2014 | Listed for sale | $69,000$60/sqft |
Source: Sunstate Realty & Property Management #708570 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,943 -2.5% | $157,480 -1.8% |
| 2024 | $3,018 +3.1% | $160,340 -1.7% |
| 2023 | $2,926 +12.5% | $163,190 +21.2% |
| 2022 | $2,601 +632.1% | $134,660 +247.6% |
| 2021 | $355 +3.4% | $38,740 +1.4% |
| 2020 | $344 -21.8% | $38,210 +2.3% |
| 2019 | $439 | $37,360 +1.9% |
| 2018 | $439 +3% | $36,670 +2.1% |
| 2017 | $427 -1.2% | $35,920 +2.1% |
| 2016 | $432 +44.6% | $35,190 +0.7% |
| 2015 | $299 +1% | $34,950 +0.8% |
| 2014 | $296 | $34,680 -11.4% |
| 2013 | -- | $39,150 +16.5% |
| 2012 | $207 -44.2% | $33,600 -16.9% |
| 2011 | $371 +16.4% | $40,420 -23.3% |
| 2010 | $319 +14.8% | $52,720 -15.6% |
| 2009 | $278 +7.6% | $62,500 -33.4% |
| 2008 | $258 +13.3% | $93,800 -6% |
| 2007 | $228 +6.8% | $99,800 +38.7% |
| 2005 | $213 +0.8% | $71,940 +35.9% |
| 2004 | $211 +1.5% | $52,930 +9.4% |
| 2003 | $208 +9.2% | $48,360 +14.2% |
| 2002 | $191 +7.4% | $42,340 +7% |
| 2001 | $178 +16.4% | $39,580 +11% |
| 2000 | $153 | $35,660 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 32905
Nearby schools
Schools provided by the listing agent
- Middle: Stone
- High: Palm Bay
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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