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For sale
    • $350,000

    551 Emerson Dr NE, Palm Bay, FL 32907

    3beds
    2,000sqft
    : 
    $2,274/mo
    Get pre-qualified
    Single Family Residence
    Built in 1985
    0.34 Acres Lot
    $337,800 Zestimate®
    $175/sqft
    $-- HOA

    What's special

    Indoor laundryVaulted ceilingsSpacious split floor planTile flooring throughout
    Updated, move-in ready, and located in highly sought-after Lockmar. This 3-bedroom, 2-bath home sits on an oversized 1/3-acre lot and features vaulted ceilings, tile flooring throughout, indoor laundry, a spacious split floor plan, and a versatile bonus room off the primary suite that's perfect for a home office, nursery, gym, or private retreat. Enjoy peace of mind with public utilities, a new roof (2023), new A/C (2022), and an oversized driveway with plenty of room for multiple vehicles, a boat, or trailer. Conveniently located near shopping, dining, parks, and everyday conveniences, this home offers the space, flexibility, and updates today's buyers are looking for. Schedule your private showing today.
    43 days
    |
    582
    |
    48
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael Z. Ritchie 321-298-0594,

    RE/MAX Elite

    Source: Space Coast AOR,MLS#: 1079693

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Primary bedroom
      • Area: 189.28
      • Dimensions: 12.61 x 15.01
      Bedroom 2
      • Area: 156.29
      • Dimensions: 10.96 x 14.26
      Bedroom 3
      • Area: 139.37
      • Dimensions: 11.00 x 12.67
      Bedroom 4
      • Area: 129.47
      • Dimensions: 11.77 x 11.00
      Primary bathroom
      • Area: 60.59
      • Dimensions: 7.67 x 7.90
      Bathroom 2
      • Area: 33.39
      • Dimensions: 4.71 x 7.09
      Dining room
      • Area: 444.16
      • Dimensions: 19.03 x 23.34
      Kitchen
      • Area: 1308.86
      • Dimensions: 32.23 x 40.61
      Laundry
      • Area: 65.48
      • Dimensions: 6.47 x 10.12
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Microwave, Refrigerator
      Features
      • Flooring: Tile
      • Has fireplace: Yes
      • Fireplace features: Wood Burning
      Interior area
      • Total interior livable area: 2,000 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage
      • Garage spaces: 2
      Features
      • Stories: 1
      Lot
      • Size: 0.34 Acres
      • Features: Drainage Canal, Wooded
      Details
      • Additional parcels included: 2838537
      • Parcel number: 283730Kp02359.00004.00
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Brick, Frame
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1985

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available

      Community & HOA

      Community
      • Subdivision: Port Malabar Unit 45
      HOA
      • Has HOA: No
      Location
      • Region: Palm Bay

      Financial & listing details

      • Price per square foot: $175/sqft
      • Tax assessed value: $306,000
      • Annual tax amount: $4,872
      • Date on market: 6/11/2026
      • Listing terms: Cash,Conventional,FHA,VA Loan

        Estimated market value

        $337,800

        $321,000 - $355,000

        $2,442/mo

        Price history

        DateEventPrice
        6/11/2026Listed for sale$350,000-9.1%$175/sqft
        Source: Space Coast AOR #1079693 Report a problem
        6/2/2026Listing removed$385,000$193/sqft
        Source: eXp Realty #1076556 Report a problem
        5/8/2026Listed for sale$385,000+0%$193/sqft
        Source: Space Coast AOR #1076556 Report a problem
        2/23/2024Listing removed$384,900$192/sqft
        Source: Engel & Volkers #977857 Report a problem
        11/14/2023Price change$384,900-2.5%$192/sqft
        Source: Space Coast AOR #977857 Report a problem
        10/20/2023Listed for sale$394,900+12.8%$197/sqft
        Source: Space Coast AOR #977857 Report a problem
        2/28/2022Sold$350,000+0%$175/sqft
        Source: Space Coast AOR #922844 Report a problem
        1/26/2022Pending sale$349,900$175/sqft
        Source: Engel & Volkers #922844 Report a problem
        1/25/2022Contingent$349,900$175/sqft
        Source: Space Coast AOR #922844 Report a problem
        1/4/2022Price change$349,900-2.8%$175/sqft
        Source: Space Coast AOR #922844 Report a problem
        12/21/2021Price change$359,900-2.7%$180/sqft
        Source: Space Coast AOR #922844 Report a problem
        12/17/2021Listed for sale$369,900+76.1%$185/sqft
        Source: Space Coast AOR #922844 Report a problem
        8/3/2021Sold$210,000$105/sqft
        Source: Space Coast AOR #910722 Report a problem
        7/19/2021Pending sale$210,000$105/sqft
        Source: Space Coast AOR #910722 Report a problem
        7/18/2021Listed for sale$210,000+105.9%$105/sqft
        Source: Space Coast AOR #910722 Report a problem
        12/2/1997Sold$102,000$51/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,872 -8.8%$306,000 -7%
        2024$5,340 +2%$329,060 +3%
        2023$5,234 -4.3%$319,480 +10.8%
        2022$5,469 +131.6%$288,310 +83.4%
        2021$2,361 +2.1%$157,180 +1.4%
        2020$2,313 -8.6%$155,010 +2.3%
        2019$2,532 $151,530 +1.9%
        2018$2,532 +2.4%$148,710 -6.8%
        2017$2,474 -1.1%$159,610 +11.9%
        2016$2,501 -21%$142,670 +62.5%
        2015$3,166 +187.5%$87,810 +0.8%
        2014$1,101 $87,120 -5.1%
        2013-- $91,790 +7.2%
        2012$1,032 +4.3%$85,600 +3.6%
        2011$989 -33.9%$82,600 -30.7%
        2010$1,497 +10.4%$119,200 -16%
        2009$1,356 +6.5%$141,850 -24.9%
        2008$1,274 -11.2%$189,000 -10.4%
        2007$1,435 -3.2%$211,000 +16%
        2005$1,482 -5.2%$181,820 +34.9%
        2004$1,564 -2.8%$134,750 +20.8%
        2003$1,609 +2.8%$111,580 +8.4%
        2002$1,565 +2.8%$102,950 +5.4%
        2001$1,522 +6.3%$97,720 +10.1%
        2000$1,432 $88,720
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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

        22 / 100
        Car-Dependent
        35 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Lockmar
        • Middle: Central
        • 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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