2879 Nilgiri St NW, photo 1
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Overview

4 bd3 ba2,080 sqft2 car garageSingle Family
TypeSingle Family
HOA$20/mo
Built2027
Lot5,907 sqft
Living area2,080 sqft
Price / sqft$180
Garage2 car

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

Open house

Saturday, Oct 10 · 12:00 PM to 4:00 PM

New construction · 2027

Different rules apply when you buy new

Build snapshot

Build year
2027
Builder
Ask the team — not on MLS
Community
MALABAR SPRINGS
Type
Single Family Residence

True monthly carry

HOA
~$20/mo
CDD bond
Yes — typically $1,500–$3,500/yr
Builder incentives
Ask — change weekly

What we'll do for you on a new build

Builder contract redlines

Builder contracts favor the builder. We mark up the clauses you should push back on before you sign.

11-month inspection

Your 1-year warranty expires quietly. We book an independent inspection at month 11 — saves $5K+ on average in caught defects.

Verified incentives

We verify the current builder incentives every time we walk a community. Rate buy-downs, design-center credits, closing costs — all itemized.

CDD heads-up.This community is in a Community Development District — there's a separate annual bond payment ($1,500–$3,500 typical) on top of HOA that builders often roll into the mortgage statement. Worth knowing before you write an offer.

About this home

Eat-in KitchenHigh CeilingsPrimary Bedroom Main FloorStone CountersThermostatTray Ceiling(s)Walk-in Closet(s)Hurricane Shutters

2879 Nilgiri St NW is a 2027-built home in Malabar Springs, Palm Bay. Inside you'll find 4 bedrooms, 3 bathrooms, and 2,080 square feet of living space. Listed at $374,990 (about $180/sqft), 67 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable. HOA runs $20 monthly.

From the listing

Pre-Construction. To be built. Welcome home to the 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 four bedrooms (including a luxurious Owner’s Suite that feels like a 5-star resort) and the option to turn one bedroom into the home office of your dreams, The Patterson isn’t just a house – it’s your ticket to living the sweet life, Florida style! The brand new Malabar Springs community is nestled adjacent to the serene Three Forks conservation area with 35,000 acres of conservation protection, boat launch, picnic area, and 70 miles of trails. With resort-style 3900 square foot pool featuring a sun shelf, cabana, 2 dog parks, outdoor fitness equipment, nature trail, and multi-use park/field Malabar Springs. All Ryan Homes now include WIFI-enabled garage opener and Ecobee thermostat. **Closing cost assistance is available with use of Builder’s affiliated lender**. DISCLAIMER: Prices, financing, promotion, and offers subject to change without notice. Offer valid on new sales only. See Community Sales and Marketing Representative for details. Promotions cannot be combined with any other offer. All uploaded photos are stock photos of this floor plan. Actual home may differ from photos. Schools: Elem: Jupiter Elementary School; Middle: Southwestern Middle School; HS: Heritage High School.

The essentials

Built
2027
Price / sqft
$180
On market
67 days
Annual tax
$0
HOA
$20/mo
Flood zone
X · Low risk
Lot
5,907 sqft
Type
Single Family Residence

At a glance

Single family
Built 2027
Community pool
Shared amenity
2 car garage
Driveway
5,907 sqft lot
Lot size
2,080 sqft
Living area

Payment

Est. monthly payment
$2,648/mo
Down payment (20%)
$74,998
Property taxes
$0/mo
HOA
$20/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Single Family Residence
Year Built
2027
Lot
5,907 sqft
Cooling
Central Air
Heating
Central
Parking
Driveway, Garage Door Opener
Days on Market
67
Eat-in Kitchen
High Ceilings
Primary Bedroom Main Floor
Stone Counters
Thermostat
Tray Ceiling(s)
Walk-in Closet(s)
Hurricane Shutters
Association Recreation - Owned
Park
Playground
Pool
Built-in Oven
Dishwasher
Disposal
Microwave
Range
Range Hood
In a CDD (Community Development District) Flood Zone X
Annual Tax (2026)
$0
Parcel #
28-36-32-25-I-4

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
Malabar Springs
County
Brevard
MLS Area
32907 - Palm Bay/Melbourne
Lot Size
5,907 sqft
SidewalkPaved
HOA
$20/mo
RYAN HOMES

Price history

Date
Event
Price
8/4/2026
Listed for sale
Source: Stellar MLS #W7888272
$374,990
$180/sqft

Neighborhood

2879 Nilgiri St NW
Palm Bay, FL, 32907 · 32907 - Palm Bay/Melbourne

Market insights

Offer Insights

Choose an offer strength

List price: $374,990
$372,500 – $374,990
99.5% – 100% of listTops out right at the list price
80% of listList price
38 of the last 63 home closings in 32907 landed at this number or higher (60%). The median one sat 24 days before it went under contract, and this one is on day 67.

Sample: 63 closed home sales in 32907 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

Talk through an offer with our team

Calculator

Est. monthly payment
$2,648/mo
Principal & interest$1,956
Property taxes$484
Insurance$187
HOA$20
Down payment20% · $74,998
Interest rate6.80%
Loan term

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Property taxes estimated at 1.55% of price a year. Insurance estimated at 0.60%. HOA is the fee 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

$374,990

$180 per sq ft

Beds and baths

4 beds, 3 baths

Size

2,080 sq ft

Time on market

67 days

Year built

2027

Monthly payment

About $2,648/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $0 annual tax bill, insurance, and the $20/mo HOA fee.

HOA fee

$20/mo

Managed by RYAN HOMES.

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 byMALTBIE REALTY GROUPListing agent: Bill MaltbieListing data from Stellar MLS, MLS# W7888272.

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