255 Brightwater Dr SE, photo 1
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Overview

5 bd3 ba3,339 sqft3 car garageSingle Family
TypeSingle Family
HOA$1,150/yr
Built2002
Lot23,087 sqft
Living area3,339 sqft
Price / sqft$162
Garage3 car

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Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.

About this home

Built-in FeaturesCeiling Fans(s)Crown MoldingEat-in KitchenOpen FloorplanPrimary Bedroom Main FloorSplit BedroomStone Counters

255 Brightwater Dr SE is a 2002-built home in Lake Forest Bayside Lakes, Palm Bay. Inside you'll find 5 bedrooms, 3 bathrooms, and 3,339 square feet of living space. Listed at $540,000 (about $162/sqft), 151 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable. HOA runs $1,150 annually.

From the listing

Located in the prestigious gated community of Lake Forest at Bayside Lakes, this beautifully updated lakefront home features a brand-new roof, new AC, new water heater, fresh interior paint, new carpet, and updated ceiling fans -- making it completely move-in ready. Offering over 3,339 square feet of thoughtfully designed living space, the open-concept layout is perfect for both entertaining and everyday living. The home features formal living and formal dining areas, spacious gathering spaces filled with natural light, and a desirable split floor plan that provides added privacy. Upstairs, a versatile loft offers endless possibilities for a media room, home office, playroom, or additional living space. Enjoy peaceful lake views while being conveniently located near shopping, dining, and I-95, with Florida's beautiful beaches just 30 minutes away. Experience resort-style living in one of the area's most sought-after communities.

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The essentials

Built
2002
Price / sqft
$162
On market
151 days
Annual tax
$9,458
HOA
$1,150/yr
Flood zone
X · Low risk
Lot
23,087 sqft
Type
Single Family Residence

At a glance

Single family
Built 2002
3 car garage
Driveway
0.53 acres
Lot size
3,339 sqft
Living area

Payment

Est. monthly payment
$3,970/mo
Down payment (20%)
$108,000
Property taxes
$788/mo
HOA
$1,150/yr
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Single Family Residence
Year Built
2002
Lot
23,087 sqft
Cooling
Central Air
Heating
Central, Electric, Heat Pump
Parking
Driveway, Garage Door Opener, Garage Faces Side, Other, Oversized, RV Access/Parking
Days on Market
151
Built-in Features
Ceiling Fans(s)
Crown Molding
Eat-in Kitchen
Open Floorplan
Primary Bedroom Main Floor
Split Bedroom
Stone Counters
Vaulted Ceiling(s)
Walk-in Closet(s)
Hurricane Shutters
Private Mailbox
Rain Gutters
Gated Community - No Guard
Dishwasher
Disposal
Electric Water Heater
Microwave
Range
Refrigerator
Flood Zone X
Annual Tax (2025)
$9,458
Parcel #
29 3719-SC-*-57

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Lake Forest Bayside Lakes
County
Brevard
MLS Area
32909 - Palm Bay/Melbourne
Lot Size
23,087 sqft
City LimitsLandscapedLevelOversized Lot
HOA
$1,150/yr
Lake Forest at Bayside Lakes

Price history

Date
Event
Price
8/5/2026
Price change
Source: Stellar MLS #O6407701
$540,000-2.7%
$162/sqft
-
Price change
Source: Stellar MLS #O6407701
$555,000-1.8%
$166/sqft
5/13/2026
Listed for sale
Source: Stellar MLS #O6407701
$565,000
$169/sqft

Neighborhood

255 Brightwater Dr SE
Palm Bay, FL, 32909 · 32909 - Palm Bay/Melbourne

Market insights

Offer Insights

Choose an offer strength

List price: $540,000
$535,000 – $540,000
99.5% – 100% of listTops out right at the list price
80% of listList price
41 of the last 65 home closings in 32909 landed at this number or higher (63%). The median one sat 35 days before it went under contract, and this one is on day 151 after a $25,000 cut.

Sample: 65 closed home sales in 32909 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

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Calculator

Est. monthly payment
$3,970/mo
Principal & interest$2,816
Property taxes$788
Insurance$270
HOA$96
Down payment20% · $108,000
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. HOA includes any condo dues reported on the listing. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$540,000

$162 per sq ft

Beds and baths

5 beds, 3 baths

Size

3,339 sq ft

Time on market

151 days

Year built

2002

Monthly payment

About $3,970/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $9,458 annual tax bill, insurance, and the $1,150/yr HOA fee.

HOA fee

$1,150/yr

Managed by Lake Forest at Bayside Lakes.

Flood zone

Zone X

That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.

Offer

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Brokered byREAL BROKER, LLCListing agent: Peter LuuListing data from Stellar MLS, MLS# O6407701.

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