David Ramirez
$258,500$290,0003 bd2 ba1,436 sqft$180 /sqft$2,288 /mo all-in ↓

1887 Cerulean Dr, Palm Bay FL 32907, PALM BAY, FL, 32907

Active255 days on marketListed Dec 1, 2025MLS #A11923169

Priced 20% below the PALM BAY 32907 medianReduced $32KNew constructionTownhouseTIMBERS AT EVERLANDS PHASE

About this home

1887 Cerulean Dr, Palm Bay FL 32907

Stunning newly built 3-bedroom, 2-bath corner-unit townhome with a 1-car garage! This modern construction offers an open and bright floor plan with stylish finishes throughout. Enjoy a spacious kitchen with contemporary cabinetry, stainless steel appliances, and a large island perfect for entertaining. The primary suite features generous closet space and a beautifully appointed bathroom. As a corner unit, this home provides added privacy, extra natural light, and an expanded outdoor feel. Conveniently located near shopping, dining, major highways, and local attractions. Move-in ready and perfect for comfortable, low-maintenance living!

Facts & features

The home at a glance

3

Bedrooms

2

Bathrooms

1,436

Sqft

1

Garage

2025

Year built

$180

Per sqft

Other View viewPets allowed

Inside

FlooringCeramic Floor
AppliancesElectric Range · Refrigerator
InteriorFirst Floor Entry · Cooking Island · Other · Pantry
LaundryWasher/Dryer Hook-Up
CoolingCentral Air
HeatingCentral

Outside & construction

ConstructionConcrete Block Construction · Other
ViewOther View
Parking2 Or More Spaces

Community & fees

HOA fee$245/mo
Taxes (2025)$2,964/yr
PetsYes

Utilities & systems

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.

$2,288 /mo · 3.5% down FHA, 30-yr fixed at 6%

Principal & interest$1,522
FHA mortgage insurance (est.)$114
Property tax — 2025 actual bill$247
HOA fee — from the listing$245
Insurance (FL estimate)$160

The assumptions

Loan typeFHADown payment3.5% · $9,048Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.

These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type
Down payment3.5% · $9,048
Interest rate6.00%
Loan term

Estimated payment

$2,288/mo

Principal & interest$1,522
FHA mortgage insurance (est.)$114
Property taxes (actual bill)$247
HOA / condo fee$245
Est. insurance$160

Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Value check

Is the price right?

The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.

$/sqft vs Palm Bay actives

$180 vs $207

Days on market

255 vs 42 typical

Where $180/sqft sits among the 369 Palm Bay actives

248 · this home
18
9
26
28
40
$159–247$247–335$335–423$423–511$511–599$599+

The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.

Where it sits

Inside Palm Bay

Map of 1887 Cerulean Dr, Palm Bay FL 32907

Drive times from this address

Orlando Int’l Airport (MCO)68 min
Downtown Orlando75 min

Estimated driving times, typical traffic. Data © OpenStreetMap contributors.

Get to know Palm Bay. See the full Palm Bay guide →

PALM BAY 32907 — neighborhood snapshot

Population

48,352

Median age

44.5

Median income

$71,827

Median home value

$253,700

Avg household

2.9

Households w/ children

5,037

For the school run

Brevard County School District

ElementaryLockmar Elementary School★★★★★
MiddleSouthwest Middle School★★★★★
HighPalm Bay Magnet Senior High School★★★★

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The Palm Bay market

Seller’s marketBalanced6.9 months of inventoryBuyer’s market

$306K$328K

Palm Bay median sold, yr/yr

98.1%

Sale-to-list ratio (12 mo)

96 of 369

Palm Bay actives have cut their price

Median sold price, Palm Bay, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 20% below the PALM BAY 32907 median. See the full Palm Bay market guide →

Paper trail

This home's history

CurrentPrice reduced to $258,500 $32K
Dec 1, 2025Listed at $290,000 · 255 days on market since
2025Built · TIMBERS AT EVERLANDS PHASE

Reality check

What actually sold near 1887 Cerulean Dr

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

846 Antibes Court, Melbourne FL 32907Sold · Nov ’25

$320,000

846 Antibes Court, Melbourne FL 32907 · same community

2 bd · 2.5 ba · 1,714 sqft · $187/sqft · 73 DOM

1767 ASHCROFT STREET NWSold · Oct ’25

$275,000

1767 ASHCROFT STREET NW

3 bd · 2 ba · 1,424 sqft · $193/sqft · 26 DOM

1207 DALLAM AVENUE NWSold · Mar ’26

$315,000

1207 DALLAM AVENUE NW

3 bd · 2 ba · 1,466 sqft · $215/sqft · 0 DOM

Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.

Your home team

The pros in your corner

Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.

David Ramirez

Your agent

David Ramirez

Real Estate Agent · CENTURY 21 Edge

Tours, negotiation, and every question about 1887 Cerulean Dr — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 1887 Cerulean Dr — before you fall in love.

See it in person

Schedule a tour

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Straight answers

1887 Cerulean Dr FAQs

What would the monthly payment be for 1887 Cerulean Dr, Palm Bay FL 32907?+

With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $2,288/mo — principal and interest, the actual property-tax bill, the $245/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.

How much are the HOA fees at 1887 Cerulean Dr, Palm Bay FL 32907?+

The association fee works out to $245 per month. Ask us for the full association documents — they spell out exactly what the fee covers.

What are the property taxes on 1887 Cerulean Dr, Palm Bay FL 32907?+

The most recent tax bill on record (2025) was $2,964. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

Are pets allowed at 1887 Cerulean Dr, Palm Bay FL 32907?+

The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.

How does the price compare to other homes in Palm Bay?+

At $258,500, this home is listed about 26% below the Palm Bay median of $350,000. The market section on this page shows how the area is trending.

Which schools are assigned to 1887 Cerulean Dr, Palm Bay FL 32907?+

Lockmar Elementary School (elementary), Southwest Middle School (middle), Palm Bay Magnet Senior High School (high) — Brevard County School District. Always verify school assignments with the district before relying on them.

The brief

Four things that matter here

01Under the PALM BAY 32907 market on paper

$258,500 is 20% below the PALM BAY 32907 median of $323,000, and at $180/sqft it sits under the Palm Bay average of $195.

02Other View views

The other view view is part of what you're buying — views hold value independently of the structure.

03Time on market is leverage

255 days on market against a Palm Bay median of 42 — sellers in this position are usually ready to negotiate.

04The price has already moved

Listed at $290,000, now $258,500 — a $32K cut. The full history is in the market section below.

Listing courtesy of The R.E. Resource Grp., Inc. · Darrell Sheffield. MLS #A11923169.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.

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