1020 LEE AVENUE NW, PALM BAY, FL, 32907
Pending98 days on marketListed May 6, 2026MLS #TB8503120
About this home
1020 LEE AVENUE NW
Short Sale. This property features a spacious living area with an open floor plan. The backyard provides a nice usable outdoor space along with a enclosed screened patio. Located in Palm Bay with convenient access to shopping, dining and local attractions.
Facts & features
The home at a glance
3
Bedrooms
2
Bathrooms
1,606
Sqft
0.23 ac
Lot size
1
Garage
1988
Year built
One
Levels
$159
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 — not generic estimates.
$2,150 /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
$2,150/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
−13.3%
$/sqft vs Palm Bay actives
$159 vs $210
Days on market
98 vs 42 typical
Where $159/sqft sits among the 356 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 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
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)
95 of 356
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 22% below the PALM BAY 32907 median. See the full Palm Bay market guide →
Paper trail
This home's history
Reality check
What actually sold near 1020 LEE AVENUE NW
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Sep ’25$315,000
1026 MOHAWK AVENUE NW · same community
3 bd · 2 ba · 1,612 sqft · $195/sqft · 20 DOM
Sold · Sep ’25$332,000
1766 HAZELTON STREET NW · same community
3 bd · 2 ba · 1,554 sqft · $214/sqft · 6 DOM
Sold · Jul ’25$297,000
1265 GIRALDA CIRCLE NW · same community
3 bd · 2 ba · 1,542 sqft · $193/sqft · 28 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 1020 LEE AVENUE NW — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 1020 LEE AVENUE NW — 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
1020 LEE AVENUE NW FAQs
What would the monthly payment be for 1020 LEE AVENUE NW?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $2,150/mo — principal and interest, the actual property-tax bill 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.
What are the property taxes on 1020 LEE AVENUE NW?+
The most recent tax bill on record (2025) was $4,508. 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 1020 LEE AVENUE NW?+
The listing reports pets: Breed Restrictions, 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 $255,000, this home is listed about 27% 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 1020 LEE AVENUE NW?+
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.
Keep looking
Similar homes nearby
Listing courtesy of PREMIER REALTY · Vicki Strickler PA. MLS #TB8503120.
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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