$352,500

1040 Colonial Ave SE Palm Bay, FL 32909

$4,186
Closing credit¹
3 beds
2 full
1,515 sqft
0.2 acres
$233 / sqft
House

Property details

About 1040 Colonial Ave SE

$20,000 FLEX CASH INCENTIVE which can be used for rate buy down, and pre-paids. Only $1,000 deposit required, and all closing costs paid (excluding escrow accounts), saving you up to $6,500 with our approved lender! NEW CONSTRUCTION. NO CDD!! This home features a great room, kitchen, and baths. Stunning cabinets with crown molding enhance the stainless steel appliances. The owner's suite includes a walk-in closet and a 5' shower in the bath. Additional features include Moen brushed nickel faucets, five-panel doors, and a covered lanai. STONE ACCENTS & BRICK PAVERS NOT INCLUDED.

Highlights

Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Size1,515 sqft
Lot size0.23 Acres
Year builtNew Const., 2025
ParkingAttached,Garage
MLS #1027982
Attached garage2 spaces

Virtual tour

Summary

  • MLS Number: 1027982
  • MLS Name: Space Coast MLS (Space Coast Association of REALTORS®)
  • Office Name: Adams Homes Realty, Inc.
  • Office Phone: (321) 751-1530
  • Office Email: kworley@adamshomes.com
  • Listing Agent: Kimberly Gankos, N. Duncan Hudnall

IDX Copyright © 2025 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/15/2025, 12:50:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of house with a garage

$352,500

1040 Colonial Ave SE

$4,186

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Nov 01, 2017
Home Sold
$204,900
Jun 17, 2008
Home Sold
$2,485,200
Sep 01, 2005
Home Sold
$64,500

Tax history

YearAssessmentProperty Tax
2023$36,000$418
2022$24,500$321
2021$17,000$321
2020$10,160$239
2019$9,240$244
2018$8,400$209
2017$7,000$209

History based on county public records data.

Nearby schools

5

Columbia Elementary School

Public District PK-6

1.0 mi

1225 Waco Blvd SE

3

John F. Turner Senior Elementary School

Public District PK-6

1.2 mi

3175 Jupiter Blvd SE

6

Odyssey Preparatory Charter Academy

Public Charter KG-6

2.1 mi

1350 Wyoming Dr SE

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $47,361. The most common annual income of people living in Palm Bay, FL is between $35k-100k. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

33%
<35k
55%
35k-100k
11%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

33%
Single, No Kids
16%
Single, with Kids
26%
Married, No Kids
25%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

17%
<11 yrs old
10%
12-17 yrs old
22%
18-34 yrs old
42%
35-64 yrs old
9%
65+ yrs old

What do the neighbors do for fun?

  • Horse RacesHorse Races
  • Mexican League SoccerMexican League Soccer
  • Pro BoxingPro Boxing

Where do the neighbors shop?

  • Stein MartStein Mart
  • BurlingtonBurlington
  • Family DollarFamily Dollar

Where do the neighbors go to eat?

  • LongHorn SteakhouseLongHorn Steakhouse
  • Church's ChickenChurch's Chicken
  • White CastleWhite Castle

What do the neighbors drive?

  • BuickBuick
  • ChevroletChevrolet
  • AcuraAcura

What do the neighbors listen to?

  • Contemporary InspirationalContemporary Inspirational
  • Urban Adult ContemporaryUrban Adult Contemporary
  • RockRock
All data provided by Home Junction and Claritas

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Frequently asked questions

Living in Palm Bay, FL

About 1040 Colonial Ave SE

This home is located at 1040 Colonial Ave SE in Palm Bay, FL and zip code 32909. This 1,515 square foot home, which was built in 2025, sits on a 0.23 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 25, 2024 and is currently priced at $352,500.

In February 2025 more than 22 listings in Palm Bay, FL were sold above the asking price. During the same period more than 62 listings were sold at asking price, while more than 115 were sold below. Between January and February 2025, Palm Bay, FL real estate market has seen increase in the number of listings by 7.7%. The median list price of listings available in February 2025 was $332,275, while the average time on the real estate market was 86 days.

From Rocket Homes Real Estate and based on county public records data.

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