436 GREAT FALLS LANE SW, PALM BAY, FL, 32908
Active132 days on marketListed Apr 2, 2026MLS #O6395985
About this home
436 GREAT FALLS LANE SW
Virtually Staged. Welcome to 436 Great Falls Lane — a beautifully updated 5-bedroom, 3-bathroom home designed for both everyday comfort and effortless entertaining in the sought-after Falls of Palm Bay community. The spacious primary suite is conveniently located on the main level, offering privacy and ease, while a generously sized junior suite upstairs is perfect for guests or multigenerational living. Step out to the covered back porch and unwind to the soothing sounds of water fountain views — ideal for peaceful mornings and relaxing evenings. Inside, you'll find stainless steel appliances, durable tile and wood flooring, and a well-maintained interior throughout. Outside, the home sits on a premium waterfront lot with a full-size two-car driveway and attached two-car garage. Residents of The Falls enjoy security with a gated entry, scenic park spaces, and a playground — all just minutes from dining, shopping, and top-rated schools. Schedule your showing today.
Facts & features
The home at a glance
5
Bedrooms
3.5
Bathrooms
2,905
Sqft
0.16 ac
Lot size
2
Garage
2017
Year built
Two
Levels
$133
Per sqft
Inside
Outside & construction
Community & fees
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.
$3,008 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
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
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$3,008/mo
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.
vs edgeAI estimate
−22.8%
$/sqft vs Palm Bay actives
$133 vs $207
Days on market
132 vs 42 typical
Where $133/sqft sits among the 370 Palm Bay actives
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
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Palm Bay. See the full Palm Bay guide →
PALM BAY 32908 — neighborhood snapshot
Population
14,970
Median age
38.3
Median income
$66,589
Median home value
$265,500
Avg household
3.08
Households w/ children
1,917
For the school run
Brevard County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Palm Bay market
$306K → $328K
Palm Bay median sold, yr/yr
98.1%
Sale-to-list ratio (12 mo)
98 of 370
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 724% above the PALM BAY 32908 median. See the full Palm Bay market guide →
Paper trail
This home's history
Reality check
What actually sold near 436 GREAT FALLS LANE SW
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jul ’26$380,000
401 FILBERT AVENUE NE
4 bd · 2.5 ba · 2,560 sqft · $148/sqft · 0 DOM
Sold · Sep ’25$415,000
736 DAYSLAND AVENUE SW
4 bd · 3 ba · 2,431 sqft · $171/sqft · 116 DOM
Sold · Jul ’26$435,000
213 Foremost Avenue NW, Palm Bay FL 32907
4 bd · 3 ba · 2,350 sqft · $185/sqft · 37 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.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 436 GREAT FALLS LANE SW — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 436 GREAT FALLS LANE SW — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
436 GREAT FALLS LANE SW FAQs
What would the monthly payment be for 436 GREAT FALLS LANE SW?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $3,008/mo — principal and interest, the actual property-tax bill, the $61/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 436 GREAT FALLS LANE SW?+
The association fee works out to $61 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 436 GREAT FALLS LANE SW?+
The most recent tax bill on record (2025) was $4,012. 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 436 GREAT FALLS LANE SW?+
The listing reports pets: Cats OK, Dogs OK. 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 $387,500, this home is listed about 11% above the Palm Bay median of $350,000. The market section on this page shows how the area is trending.
Which schools are assigned to 436 GREAT FALLS LANE SW?+
Jupiter Elementary School (elementary), Southwest Middle School (middle), Heritage 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
01Positioned at the premium end
$387,500 runs 724% above the PALM BAY 32908 median — but at 2,905 sqft it's also 59% larger than the typical Palm Bay listing.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Time on market is leverage
132 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 $400,000, now $387,500 — a $13K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of MAXLIFE REALTY LLC · Ryan Solberg. MLS #O6395985.
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 Stellar MLS.
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