For sale

Price cut: $4.5K (5/19)

$585,000

506 Glaspell Cir SE, Palm Bay, FL 32909

5beds

3,760sqft

$3,815/mo

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Single Family Residence

Built in 2024

7,405 Square Feet Lot

$574,900 Zestimate^®

$156/sqft

$92/mo HOA

What's special

Stylish hardwarePeaceful lake viewsFresh interior paintCorner lotNewly installed screened-in porch

This is your rare opportunity to own a 2024-built home loaded with upgrades! This spacious 3530 model--no longer being built in the community--offers exceptional design and functionality. Enjoy many builder upgrades -tile on the first floor, LVP flooring on the second, stylish hardware, and a thoughtfully added wall on the main level for enhanced living space separation. Fresh interior paint and a newly installed screened-in porch make this home truly move-in ready. The open concept kitchen and living areas are perfect for entertaining, while the guest bedroom with full bath on the first floor provides comfort and convenience for visitors. Upstairs hosts large bedrooms, a spacious loft/living room, and plenty of room to relax or play. Step outside to enjoy peaceful lake views from your corner lot which is just a short walk to the community pool and playground. A 3-car garage adds ample storage and parking. Here's your chance to enjoy the largest floor plan in Gardens at Waterstone.

91 days

485

33

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 4
Full bathrooms: 3
1/2 bathrooms: 1

Heating

Central, Electric

Cooling

Central Air

Appliances

Included: Dishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Refrigerator
Laundry: Upper Level

Features

Ceiling Fan(s), His and Hers Closets, In-Law Floorplan, Kitchen Island, Open Floorplan, Walk-In Closet(s)
Flooring: Carpet, Vinyl
Has fireplace: No

Interior area

Total interior livable area: 3,760 sqft

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Property

Parking

Total spaces: 3
Parking features: Attached, Garage
Attached garage spaces: 3

Features

Levels: Two
Stories: 2
Patio & porch: Front Porch, Rear Porch, Screened
Has view: Yes
View description: Lake
Has water view: Yes
Water view: Lake

Lot

Size: 7,405 Square Feet
Features: Corner Lot, Sprinklers In Front, Sprinklers In Rear

Details

Additional parcels included: 3030710
Parcel number: 3037050100000.00155.00
Zoning description: Residential
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Architectural style: Craftsman
Property subtype: Single Family Residence

Materials

Block, Concrete, Frame, Stucco, Other
Roof: Shingle

Condition

New construction: No
Year built: 2024

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available, Electricity Connected, Sewer Available, Water Available

Community & HOA

Community

Security: Security Gate, Smoke Detector(s)
Subdivision: GARDENS AT WATERSTONE PHASE 2

HOA

Has HOA: Yes
Amenities included: Clubhouse, Gated, Jogging Path, Maintenance Grounds, Management - Off Site, Pickleball, Playground, Pool
HOA fee: $275 quarterly
HOA name: Empire Management Group

Location

Region: Palm Bay

Financial & listing details

Price per square foot: $156/sqft
Tax assessed value: $462,500
Annual tax amount: $8,428
Date on market: 5/1/2026
Listing terms: Cash,Conventional,FHA,VA Loan
Road surface type: Asphalt

Estimated market value

$574,900

$546,000 - $604,000

$3,473/mo

Price history

Date	Event	Price
5/19/2026	Price change	$585,000-0.8%$156/sqft
Source: Space Coast AOR #1076234 Report a problem
3/25/2026	Price change	$589,500-0.9%$157/sqft
Source: Space Coast AOR #1060866 Report a problem
3/1/2026	Price change	$595,000-0.7%$158/sqft
Source: Space Coast AOR #1060866 Report a problem
2/10/2026	Price change	$599,000-0.2%$159/sqft
Source: Space Coast AOR #1060866 Report a problem
10/30/2025	Listed for sale	$600,000+1.7%$160/sqft
Source: Space Coast AOR #1060866 Report a problem
5/22/2024	Sold	$589,853$157/sqft
Source: Stellar MLS #J976554 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$8,429 +2111.6%	$462,500 +825%
2024	$381 +312.3%	$50,000 +900%
2023	$92	$5,000

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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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

5/10
Sunrise Elementary School
Grades: PK-6Distance: 0.9 mi
3/10
Southwest Middle School
Grades: 7-8Distance: 5.9 mi
3/10
Bayside High School
Grades: 9-12Distance: 3.8 mi

Schools provided by the listing agent

Elementary: Sunrise
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.