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Active

Active·135 days on market

1874 Wapello Avenue SE

Palm Bay, FL 32909

$285,000$192/sqftEst. $1,464/moMLS# 2139512

Beds

Baths

1,486

Sq Ft

1995

Built

Garage

Pool

About this home

Palm Bay

Perfect for first-time buyers! This charming 3-bedroom, 2-bath concrete block home in Palm Bay offers comfort, space, and peace of mind with a 2-car garage and freshly painted interior. Home includes solar panels. The vaulted ceilings and beautiful architectural details create an open, inviting feel, while the spacious back porch and fully fenced backyard provide the perfect setting for relaxing, entertaining, or letting pets play. A wonderful opportunity to own your first home with room to grow!

Cost to own

Mortgage calculator

Home Price

$285,000

Down Payment: 20%

$57,000

Interest Rate: 6.65%

Loan Term

Monthly Payment

$1,464

Principal & Interest: $1,464

Insurance (est.): $190

Estimated Total Monthly

$1,654

*30-year loan at 6.65% APR (avg 30-yr rate 2026-08-20, Freddie Mac PMMS via FRED). Taxes vary by county; insurance is a rough estimate — Florida premiums swing with roof age and flood zone (see the Reality Check). Actual costs may vary.

Cost to own

True monthly cost

What this home actually costs per month at the asking price — not just the mortgage.

Principal & interest20% down · 6.65% · 30yr$1,464

Estimated total, before insurance$1,464/mo

Seller’s 2025 tax billper the MLS — includes any CDD / assessments$2,320/yr · $193/mo

• Homeowners insurance is on top — in Florida it varies widely with roof age and wind/flood zone (see the Reality Check below). Budget it before you offer.
• In CDD communities (Nocatee, eTown, Seven Pines…), bond assessments are collected on the property-tax bill, and the amount varies home to home — a prior owner may have prepaid the bond — so we confirm this home’s exact line rather than trust a community average.
• Taxes are estimated at YOUR purchase price — Florida assessments reset on sale, so the seller’s current bill is usually lower than yours will be (that applies to the reference bill above too).

Cost to own

Taxes & assessment

2025 property taxes (current owner): $2,320/yr

Florida’s Save Our Homes cap limits how fast the current owner’s assessment can rise — and it resets when a home sells, so a buyer’s tax bill is typically based on the purchase price, not the seller’s bill above. Sources: Florida DOR certified tax roll, NEFMLS.

Storms & insurance

Florida Reality Check

The storm-and-insurance facts every Florida buyer should know up front.

Zone X — minimal flood hazard

Flood insurance is typically not required by lenders (always optional).

Flood damage is not covered by standard homeowners insurance — it’s always a separate policy.

Outside all hurricane evacuation zones

This location is not in a designated storm-surge evacuation zone.

Roof: Shingle — year not disclosed (home built 1995)

Roof age drives Florida insurance pricing more than anything else — worth confirming before you offer.

Sewer & public water · City of Palm Bay

County records indicate an onsite septic system — budget a septic inspection before closing (typically $300–$500) and expect pump-outs every 3–5 years.

Source: Florida DOH Water Management Inventory (public record).

Solar potential: ~1,713 usable sun-hours per year

A strong solar roof by Florida standards — worth pricing panels if energy bills matter to you.

Krista can connect you with local insurance quotes before you make an offer.

Ask about this home

As of July 2026, this Reality Check is informational only — it draws on FEMA/FDEM hazard layers, Florida DOH water records, and the listing’s own fields at this property’s coordinates. None of it is a determination, survey, or inspection, and public records can lag or conflict with on-site conditions. Independently verify anything you’ll rely on: the flood zone at msc.fema.gov and floridadisaster.org/knowyourzone (and confirm flood-insurance cost with your lender and a licensed insurance agent), and the sewer/septic, roof, and utilities with a professional inspection.

History

Price & status history

Apr 10, 2026Listed$285,000

History tracked by kristafracke.com from the live MLS feed. Earlier changes may predate tracking.

Features

Price$285,000

Price / Sq Ft$192

Bedrooms3

Bathrooms2.00

Full Baths2

Square Footage1,486

Acres0.23 acres

Year Built1995

TypeResidential

Sub-TypeSingle Family Residence

StatusActive

# of Garages2

Has PoolNo

Is WaterfrontNo

Community Information

Address1874 Wapello Avenue SE, Palm Bay, FL 32909

Area343-Molasses Junction/Elkton

SubdivisionPort Malabar

CityPalm Bay

CountyBrevard

StateFL

Zip Code32909

Lot Size10,018.8 sq ft

Parcel Number2938720

ZoningResidential

Amenities

UtilitiesElectricity Available, Sewer Available, Water Available

SewerSeptic Tank

Water SourceWell

Green / EnergyRoof

ParkingAttached, Garage, Garage Door Opener

Interior

Interior FeaturesBreakfast Nook, Ceiling Fan(s), Open Floorplan, Primary Bathroom -Tub with Separate Shower, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)

AppliancesDishwasher, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator, Water Softener Owned

HeatingCentral, Electric

CoolingCentral Air, Electric

FlooringCarpet, Laminate, Tile

# of Stories1

LevelsOne

LaundryElectric Dryer Hookup, Washer Hookup

SecurityClosed Circuit Camera(s), Smoke Detector(s)