Foreclosure

$280,500

3020 Forghun Ave SE, Palm Bay, FL 32909

5beds

2,226sqft

Single Family Residence

Built in 1995

0.47 Acres Lot

$289,600 Zestimate^®

$126/sqft

$-- HOA

What's special

Vaulted ceilingsSplit-bedroom floor plan

Opportunity awaits with this spacious 5-bedroom, 2-bath home situated on a .47-acre corner lot in Southeast Palm Bay. Offering 2,226 square feet of living space, the home features a split-bedroom floor plan, vaulted ceilings, and generous living areas. The oversized lot provides plenty of room for outdoor activities, future improvements, RV or boat storage, and more. Conveniently located near schools, shopping, dining, and major roadways, this property is a great opportunity for investors, renovators, or buyers looking to add value and make it their own.Seller does not pay customary closing costs including title policy, escrow fees, survey, or transfer fees. This property may qualify for Seller Financing (Vendee). If property was built prior to 1978,Lead Based Paint Potentially Exists.

38 days

951

74

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 2
Full bathrooms: 2

Heating

Electric, Hot Water

Cooling

Central Air, Electric

Appliances

Included: Dishwasher, Electric Water Heater, Microwave

Features

Breakfast Bar, Breakfast Nook, Ceiling Fan(s), Primary Bathroom -Tub with Separate Shower
Flooring: Laminate, Tile
Has fireplace: No

Interior area

Total interior livable area: 2,226 sqft

Property

Parking

Parking features: Other

Features

Levels: One
Stories: 1
Patio & porch: Rear Porch, Screened
Fencing: Vinyl

Lot

Size: 0.47 Acres
Features: Corner Lot

Details

Additional structures: Shed(s)
Additional parcels included: 2947277
Parcel number: 293731Gv01282.00040.00
Special conditions: Real Estate Owned

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Concrete
Roof: Shingle

Condition

New construction: No
Year built: 1995

Utilities & green energy

Sewer: Septic Tank
Water: Well
Utilities for property: Electricity Connected

Community & HOA

Community

Subdivision: Port Malabar Unit 25

HOA

Has HOA: No

Location

Region: Palm Bay

Financial & listing details

Price per square foot: $126/sqft
Tax assessed value: $270,440
Annual tax amount: $4,983
Date on market: 6/13/2026
Listing terms: Cash,Conventional

Foreclosure details

Estimated market value

$289,600

$275,000 - $304,000

$2,311/mo

Price history

Date	Event	Price
9/1/2025	Listing removed	$380,000$171/sqft
Source: Space Coast AOR #1035117 Report a problem
1/23/2025	Listed for sale	$380,000$171/sqft
Source: Space Coast AOR #1035117 Report a problem
10/22/2024	Listing removed	$380,000$171/sqft
Source: Space Coast AOR #1018450 Report a problem
10/4/2024	Price change	$380,000-2.6%$171/sqft
Source: Space Coast AOR #1018450 Report a problem
8/9/2024	Price change	$390,000-1.3%$175/sqft
Source: Space Coast AOR #1018450 Report a problem
7/2/2024	Listed for sale	$395,000-1.3%$177/sqft
Source: Space Coast AOR #1018450 Report a problem
3/11/2024	Listing removed	--
Source: DBAMLS #1115598 Report a problem
12/4/2023	Price change	$400,000-2.4%$180/sqft
Source: DBAMLS #1115598 Report a problem
10/27/2023	Listed for sale	$410,000+2.5%$184/sqft
Source: DBAMLS #1115598 Report a problem
4/14/2023	Sold	$400,000+0%$180/sqft
Source: Space Coast AOR #955776 Report a problem
3/9/2023	Contingent	$399,900$180/sqft
Source: Space Coast AOR #955776 Report a problem
2/15/2023	Price change	$399,900-4.6%$180/sqft
Source: Space Coast AOR #955776 Report a problem
1/27/2023	Listed for sale	$419,000+416.6%$188/sqft
Source: Space Coast AOR #955776 Report a problem
2/15/1995	Sold	$81,100+1927.5%$36/sqft
Source: Public Record Report a problem
11/7/1994	Sold	$4,000$2/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,984 -1.1%	$270,440 -0.2%
2024	$5,037 +234.4%	$271,110 +130%
2023	$1,506 -18.5%	$117,890 -13.9%
2022	$1,848 -1.7%	$136,970 +3%
2021	$1,880 +2.2%	$132,990 +1.4%
2020	$1,840 +57.2%	$131,160 +48.5%
2019	$1,171	$88,330 +10.1%
2018	$1,171 +16%	$80,210 +2.1%
2017	$1,010 -1%	$78,570 +2.1%
2016	$1,020 +22.3%	$76,960 +0.7%
2015	$834 -1.5%	$76,430 +0.8%
2014	$847	$75,830 -4.5%
2013	--	$79,400 +8.1%
2012	$792 -57.8%	$73,470 -5.7%
2011	$1,879 +50%	$77,940 -21.5%
2010	$1,253 +8.3%	$99,280 -23.8%
2009	$1,157 -1%	$130,210 -20.6%
2008	$1,169 -12.6%	$164,000 -14.6%
2007	$1,337 -3.1%	$192,000 +5.2%
2005	$1,379 -5.2%	$182,440 +43.7%
2004	$1,454 +9.6%	$126,990 +39.6%
2003	$1,327 +19.4%	$90,980 +8.7%
2002	$1,112 +3%	$83,730 +11.7%
2001	$1,079 +1.6%	$74,970 +8.3%
2000	$1,062	$69,250

Find assessor info on the county website

Monthly payment

Estimated monthly payment$1,822

Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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Climate risks

Neighborhood: 32909

Getting around

0 / 100

Car-Dependent

25 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

6/10
Westside Elementary School
Grades: PK-6Distance: 2.1 mi
3/10
Southwest Middle School
Grades: 7-8Distance: 5.1 mi
3/10
Bayside High School
Grades: 9-12Distance: 2.6 mi

Schools provided by the listing agent

Elementary: Westside
Middle: Southwest
High: Bayside

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