Pending

$398,720

5145 Madras Dr NW, Palm Bay, FL 32907

3beds

2,080sqft

$2,585/mo

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Single Family Residence

Built in 2026

5,662 Square Feet Lot

$396,500 Zestimate^®

$192/sqft

$20/mo HOA

What's special

Three bedroomsGreat roomMassive sliding glass doors

Malabar Springs is the ideal location for the stylish and spacious Patterson, where Florida living gets an upgrade! This isn't your average home - we're talking about soaring 11' ceilings that will make your Great Room feel like a palace. Picture yourself hosting the ultimate indoor-outdoor party, with massive sliding glass doors that transform your spacious 24'4'' Lanai into an extension of your living space. The showstopper? A chef's dream kitchen featuring a massive 9'9'' island perfect for everything from Sunday meal prep to Friday night pizza parties. With three bedrooms (including a luxurious Owner's Suite that feels like a 5-star resort) and a Study. he Patterson isn't just a house - it's your ticket to living the sweet life, Florida style! Welcome to Malabar Springs, Palm Bay's exciting new resort-style community! WIFI-enabled garage opener and Ecobee thermostat. STOCK PHOTOS, PRICES SUBJECT TO CHANGE. Closing costs assistance with use of Builder's affiliated lender.

190 days

8

0

Facts & features

Interior

Bedrooms & bathrooms

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

Primary bedroom

Description: Walk-in Closet
Level: First
Area: 210
Dimensions: 14.00 x 15.00

Bedroom 2

Level: First
Area: 110
Dimensions: 11.00 x 10.00

Bedroom 3

Level: First
Area: 120
Dimensions: 12.00 x 10.00

Den

Level: First
Area: 132
Dimensions: 12.00 x 11.00

Dining room

Level: First
Area: 120
Dimensions: 12.00 x 10.00

Great room

Level: First
Area: 368
Dimensions: 16.00 x 23.00

Kitchen

Description: Breakfast Bar, Kitchen Island, Pantry
Level: First
Area: 192
Dimensions: 12.00 x 16.00

Other

Description: COVERED LANAI
Level: First
Area: 240
Dimensions: 24.00 x 10.00

Heating

Central

Cooling

Central Air

Appliances

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

Features

Breakfast Bar, Eat-in Kitchen, Pantry, Primary Bathroom - Shower No Tub, Walk-In Closet(s)
Flooring: Concrete, Tile
Has fireplace: No

Interior area

Total interior livable area: 2,080 sqft

Property

Parking

Total spaces: 2
Parking features: Attached, Garage Door Opener
Attached garage spaces: 2

Features

Levels: One
Stories: 1
Patio & porch: Patio
Has view: Yes
View description: Trees/Woods

Lot

Size: 5,662 Square Feet
Dimensions: 50 x 120
Features: Other

Details

Additional parcels included: 3039208
Parcel number: 283632250000i.00009.00
Special conditions: Standard

Construction

Type & style

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

Materials

Block, Stucco, Other
Roof: Shingle

Condition

Under Construction
New construction: Yes
Year built: 2026

Utilities & green energy

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

Green energy

Energy efficient items: Appliances, HVAC, Lighting, Thermostat, Windows

Community & HOA

Community

Security: Smoke Detector(s)
Subdivision: None

HOA

Has HOA: Yes
Amenities included: Park, Playground, Pool
Services included: Other
HOA fee: $20 monthly
HOA name: NA

Location

Region: Palm Bay

Financial & listing details

Price per square foot: $192/sqft
Tax assessed value: $35,500
Annual tax amount: $666
Date on market: 11/21/2025
Listing terms: Cash,Conventional,FHA,VA Loan
Road surface type: Paved

Estimated market value

$396,500

$377,000 - $416,000

$2,577/mo

Price history

Date	Event	Price
4/8/2026	Pending sale	$398,720$192/sqft
Source: Space Coast AOR #1062718 Report a problem
4/8/2026	Listed for sale	$398,720$192/sqft
Source: Space Coast AOR #1062718 Report a problem
4/8/2026	Pending sale	$398,720$192/sqft
Source: Stellar MLS #W7880952 Report a problem
4/8/2026	Price change	$398,720+13.9%$192/sqft
Source: Stellar MLS #W7880952 Report a problem
1/31/2026	Listed for sale	$349,990$168/sqft
Source: Space Coast AOR #1062718 Report a problem
1/21/2026	Listing removed	$349,990$168/sqft
Source: Space Coast AOR #1062718 Report a problem
11/21/2025	Listed for sale	$349,990$168/sqft
Source: Stellar MLS #W7880952 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$666	$35,500

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: 32907

Getting around

3 / 100

Car-Dependent

28 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

5/10
Jupiter Elementary School
Grades: PK-6Distance: 3.3 mi
5/10
Central Middle School
Grades: 7-8Distance: 6.6 mi
4/10
Heritage High School
Grades: 9-12Distance: 0.3 mi

Schools provided by the listing agent

Elementary: Jupiter
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.