725 Port Malabar Blvd NE #301, photo 1
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Overview

2 bd2 ba1,184 sqftCondominium
TypeCondominium
Condo dues$475/mo
Built1973
Lot4,356 sqft
Living area1,184 sqft
Price / sqft$114

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

About this home

Ceiling Fans(s)Split BedroomWalk-in Closet(s)BalconyPoolConvection OvenDishwasherFreezer

725 Port Malabar Blvd NE #301 is a 1973-built home in Fairways/Brevard Plan 1 Condos, Palm Bay. Inside you'll find 2 bedrooms, 2 bathrooms, and 1,184 square feet of living space. Listed at $135,000 (about $114/sqft), 154 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable. Condo dues run $475 monthly.

From the listing

Located in the desirable Fairways of Brevard 55+ Community, this well maintained 2 bedroom, 2 bathroom third-floor condo offers comfortable and low-maintenance living with elevator access. The unit features a bright and open floor plan, walk in closet in the primary suite, and a walk-in shower for added convenience. Recent updates include a 2022 water heater. Residents enjoy community amenities including a pool, cable, internet, water, trash and maintenance-covered living. Conveniently located just 15 minutes from Downtown Melbourne and only 20 minutes from the beach, this home provides easy access to shopping, dining, golf, medical facilities, and major roadways while offering a quiet and well-kept community atmosphere. Roof Age - 2020, A/C Age - 1999, Water Heater Age - 2022

The essentials

Built
1973
Price / sqft
$114
On market
154 days
Annual tax
$1,084
Condo dues
$475/mo
Flood zone
X · Low risk
Lot
4,356 sqft
Type
Condominium

At a glance

Condo
3 stories · 1973
Community pool
Shared amenity
Assigned parking
Private balcony
Outdoor space
1,184 sqft
Living area

Payment

Est. monthly payment
$1,337/mo
Down payment (20%)
$27,000
Property taxes
$90/mo
Condo dues
$475/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Condominium
Year Built
1973
Lot
4,356 sqft
Cooling
Central Air
Heating
Heat Pump
Parking
Assigned, Guest
Days on Market
154
Ceiling Fans(s)
Split Bedroom
Walk-in Closet(s)
Balcony
Pool
Convection Oven
Dishwasher
Freezer
Microwave
Range
Refrigerator
Elementary
Riviera Elementary
Middle
Stone Magnet Middle
High
Palm Bay Magnet High

Districts can re-zone, so verify directly with the district before relying on these.

Homestead exemption on file Flood Zone X
Annual Tax (2025)
$1,084
Parcel #
28 3728-00-761.5

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
Fairways/Brevard Plan 1 Condos
County
Brevard
MLS Area
32905 - Palm Bay/Melbourne
Lot Size
4,356 sqft
Condo dues
$475/mo
Donna Bennett

Price history

Date
Event
Price
5/12/2026
Listed for sale
Source: Stellar MLS #V4949011
$135,000
$114/sqft

Neighborhood

725 Port Malabar Blvd NE #301
Palm Bay, FL, 32905 · 32905 - Palm Bay/Melbourne

Market insights

Offer Insights

Choose an offer strength

List price: $135,000
$131,000 – $135,000
97% – 100% of listTops out right at the list price
80% of listList price
31 of the last 60 condo closings in Brevard County landed at this number or higher (52%). The median one sat 46 days before it went under contract, and this one is on day 154.

Sample: 60 closed condo sales in Brevard County over the last 8 months, Stellar MLS. Widened past this ZIP to get a usable sample. A starting point, not a guarantee.

Talk through an offer with our team

Calculator

Est. monthly payment
$1,337/mo
Principal & interest$704
Property taxes$90
Insurance$68
HOA$475
Down payment20% · $27,000
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

$135,000

$114 per sq ft

Beds and baths

2 beds, 2 baths

Size

1,184 sq ft

Time on market

154 days

Year built

1973

Monthly payment

About $1,337/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $1,084 annual tax bill, insurance, and $475/mo in condo dues.

Condo dues

$475/mo

Managed by Donna Bennett.

Flood zone

Zone X

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

Offer

What should I offer?

Have another question?

Brokered byRE/MAX ADVANTAGEListing agent: Eric ZimmermanListing data from Stellar MLS, MLS# V4949011.

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