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For sale
$358,000
3beds
1,800sqft

516 Olsmar St SW, Palm Bay, FL 32908

3beds
1,800sqft
Single family residence
Built in 2023
10,018 sqft
2 Attached garage spaces
$199 price/sqft

What's special

Large center islandSpacious family roomOpen-concept floor planVersatile denStone-accented curb appealNew paver patioWrought-iron front porch railing

Welcome home to this beautifully maintained 2023-built residence offering 3 bedrooms, 2 bathrooms, a versatile den, and 1,809 square feet of thoughtfully designed living space on city water. The open-concept floor plan features luxury vinyl plank flooring throughout the main living areas, creating a seamless flow from the spacious family room to the chef-inspired kitchen with stainless steel appliances, a large center island, and abundant cabinet space. The private primary suite boasts a tray ceiling, walk-in closet, dual vanities, linen closet, and a beautifully tiled walk-in shower with glass enclosure. Step outside to the oversized 20' x 12' trussed screened porch overlooking the vinyl-fenced backyard with a new paver patio--perfect for entertaining, relaxing, or enjoying Florida's outdoor lifestyle. Additional upgrades include stone-accented curb appeal, wrought-iron front porch railing, LED lighting package, Wi-Fi-enabled garage door opener, interior laundry room and a spacious 2-car garage. Conveniently located near shopping, dining, schools, parks, and major roadways, this move-in-ready home offers modern style, quality construction, and the perfect blend of comfort and functionality.

16 days
|
616
|
32
|

Likely to sell faster than

Source: Space Coast AOR,MLS#: 1084595
Travel times

Living Room

Kitchen

Primary Bedroom

Zillow last checked:

Listing updated:

Listed by:

Ashley Westbrook 321-863-5896,

Real Broker, LLC

Source: Space Coast AOR,MLS#: 1084595

Facts & features

Interior

Bedrooms & bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2
Heating
  • Central, Electric
Cooling
  • Central Air, Electric
Appliances
  • Included: Dishwasher, Electric Range, Refrigerator
  • Laundry: Electric Dryer Hookup, Washer Hookup
Features
  • Kitchen Island, Split Bedrooms
  • Has fireplace: No
Interior area
  • Total structure area: 2,472
  • Total interior livable area: 1,800 sqft
Video & virtual tour

Property

Parking
  • Total spaces: 2
  • Parking features: Attached, Garage
  • Attached garage spaces: 2
Features
  • Levels: One
  • Stories: 1
  • Patio & porch: Covered, Front Porch, Patio, Porch, Screened
  • Exterior features: Storm Shutters
  • Fencing: Vinyl
Lot
  • Size: 10,018 Square Feet
  • Features: Few Trees
Details
  • Additional structures: Shed(s)
  • Additional parcels included: 2912862
  • Parcel number: 293625Jp01494.00011.00
  • Zoning description: Residential
  • Special conditions: Standard

Construction

Type & style
  • Home type: SingleFamily
  • Architectural style: A-Frame
  • Property subtype: Single Family Residence
Materials
  • Block, Concrete, Stucco
  • Roof: Shingle
Condition
  • New construction: No
  • Year built: 2023

Utilities & green energy

  • Sewer: Septic Tank
  • Water: Public
  • Utilities for property: Electricity Connected

Community & HOA

Community
  • Subdivision: Port Malabar Unit 31
HOA
  • Has HOA: No
Location
  • Region: Palm Bay

Financial & listing details

  • Price per square foot: $199/sqft
  • Tax assessed value: $272,680
  • Annual tax amount: $5,024
  • Date on market: 8/10/2026
  • Listing terms: Cash,Conventional,FHA,VA Loan
  • Road surface type: Asphalt

Price history

DateEventPrice
8/10/2026Listed for sale$358,000-10.3%$199/sqft
Source: Space Coast AOR #1084595 Report a problem
7/18/2026Listing removed$399,000$222/sqft
Source: Space Coast AOR #1060706 Report a problem
5/23/2026Price change$399,000-2.7%$222/sqft
Source: Space Coast AOR #1060706 Report a problem
3/31/2026Price change$410,000-1.2%$228/sqft
Source: Space Coast AOR #1060706 Report a problem
1/22/2026Price change$414,999-1.2%$231/sqft
Source: Space Coast AOR #1060706 Report a problem
11/1/2025Listed for sale$420,000+14.1%$233/sqft
Source: Space Coast AOR #1060706 Report a problem
1/24/2024Sold$368,000-0.4%$204/sqft
Source: Space Coast AOR #982128 Report a problem
1/9/2024Pending sale$369,400$205/sqft
Source: Space Coast AOR #982128 Report a problem
12/8/2023Listed for sale$369,400+825.8%$205/sqft
Source: Space Coast AOR #982128 Report a problem
1/20/2023Listing removed--
Source: Space Coast AOR #925696 Report a problem
2/1/2022Pending sale$39,900$22/sqft
Source: Space Coast AOR #925696 Report a problem
1/28/2022Listed for sale$39,900$22/sqft
Source: Space Coast AOR #925696 Report a problem

Public tax history

YearProperty taxesTax assessment
2025$5,024 +1.7%$272,680 +2.6%
2024$4,941 +635.1%$265,840 +659.5%
2023$672 +216.3%$35,000 +84.2%
2022$213 -50.8%$19,000 +90%
2021$432 +5.5%$10,000 +33.3%
2020$409 -9.8%$7,500
2019$454 $7,500 +17.2%
2018$454 +2.7%$6,400 +412%
2017$442 +1.5%$1,250 -72.2%
2016$435 +16.8%$4,500 +12.5%
2015$373 +4.1%$4,000 +14.3%
2014$358 $3,500 +29.6%
2013-- $2,700 -10%
2012$72 -14.3%$3,000 -14.3%
2011$84 -21.7%$3,500 -30%
2010$108 -23.7%$5,000 -28.6%
2009$141 -53%$7,000 -56.3%
2008$301 -36%$16,000 -38.5%
2007$470 +6.5%$26,000 +18.2%
2005$441 +82.1%$22,000 +100%
2004$242 +272.3%$11,000 +292.9%
2003$65 +16.2%$2,800 +16.7%
2002$56 +20.7%$2,400 +20%
2001$46 +2%$2,000
2000$45 $2,000

Find assessor info on the county website

Monthly payment

Est. payment
$2,253/mo
Principal & interest
$1814
Property taxes
$439
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Estimated market value

Not available

Estimated sales range

Not available

Not available

Climate risks

Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.

Neighborhood: 32908

Nearby schools

Westside Elementary School
Grades PK-60.8 miles
6/10
GreatSchools® Rating
Test Score Rating
5/10
Student Progress Rating
7/10
Southwest Middle School
Grades 7-83.9 miles
3/10
GreatSchools® Rating
Test Score Rating
4/10
Student Progress Rating
2/10
Bayside High School
Grades 9-121 miles
3/10
GreatSchools® Rating
Test Score Rating
4/10
College Readiness Rating
4/10
Student Progress Rating
2/10