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491 Olney Street, Palm Bay, FL 32908 (MLS# R11013477)

491 Olney Street, Palm Bay, FL 32908

$393,000

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https://www.propertypanorama.com/491-Olney-Street-Palm-Bay-FL-32908/unbranded

Property Type: Residential Bedrooms: 4 Baths: 2 Square Footage: 2,847 Status: Closed

Current Price: $393,000 List Date: 8/18/2024 Last Modified: 5/18/2026

Overview

Description

PRICE REDUCTION & BUILDER OFFERING UP TO $8000 TOWARDS BUYERS CLOSING COSTS WITH ACCEPTABLE OFFER.. Beautiful home with city water in a growing new neighborhood of unit 31, which requires a minimum of 1,800 sq. ft. living area to maintain high property values. This home is designed for those who appreciate a blend of comfort & elegance embedded in every feature. Luxury Vinyl Plank flooring spans the main living area and bedrooms. The spacious open living area under 9'4' ceilings, enhanced by crown molding and a striking coffered ceiling in the main space. From the great room, step out through the oversized sliding glass doors to an expansive trussed lanai. Solid 42' white wood soft close cabinets, quartz countertops, stainless stell appliances, including a French door refrigerat

Supplements: 10 ft. island and an upgraded lighting package grace this kitchen. Each bedroom is designed with style, functionality in mind and ceiling fan.

Listing Details MLS# R11013477

General Property Information

Property Sub Type: Single Family Residence
Bedrooms Total: 4
Bathrooms Total: 2
Bathrooms Full: 2
Community Development District YN: No
Building Area Main: 2847
Building Area Source: Builder
Living Area Main: 2023
Year Built: 2024
Garage YN: Yes
Garage Spaces: 2
Covered Spaces: 2
Gated Community YN: No
Lot Size Area: 10019
Lot Size Acres: 0.23
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Stories Total: Yes
Stories: Yes
Direction Faces: South
Pool Private YN: No
Spa YN: No
Furnished: Unfurnished
Year Roof Installed: 2024

Property Features

Flooring: Vinyl Parking Features: Garage Door Opener; Garage Property Condition: New Construction Appliances: Dishwasher; Electric Range; Refrigerator; Water Heater Water Heater Details: Electric Water Heater Architectural Style: Ranch Construction Materials: CBS Cooling: Ceiling Fan(s); Central Air; Electric Heating: Central; Electric Interior Features: Bedroom Layout - Split; High Ceilings; Walk-In Closet(s) Laundry Features: Inside; Laundry Tub; Washer Hookup Listing Terms: Cash; Conventional; FHA; VA Loan Pets Allowed YN: Yes Possession: Close Of Escrow Restrictions: No Restrictions Road Surface Type: Paved Security Features: Smoke Detector(s) Sewer: Septic Tank Storm Protection Details: Storm Shutters Tax Information: County Only Utilities: Water Available Water Access: None Water Source: Public Window Features: Blinds Showing Requirements: Appointment Only; Schedule Online; Supra Outdoor Living Spaces: Patio Patio Details: Patio - Covered; Patio - Open Contingencies: Financing Additional Buyer Details: 1st Time Home Buyer Concessions Detail: Closing Costs Room Types: Dining Room; Great Room; Kitchen; Laundry; Living Room; Master Bedroom; Other Acreage Description: Less Than 1/4 Acre Lot

Contract Information

Comp Sale YN: No
Original List Price: 409000
Negotiable Seller Concessions YN: Yes

Location and Legal

Country: United States
County Or Parish: Brevard
County Parish Name: Brevard
Street Number: 491
Street Name: Olney
Street Suffix: Street
City Name: Palm Bay
State Or Province: FL
Postal Code: 32908
Postal Zip: 32908
Subdivision Name: PORT MALABAR UNIT 31
Area: 6372 - Brevard County (W of IR)
Geographic Area: INRV - Indian River
Special Assessment YN: No
Parcel Number: 29 3625jp015130 27
Zoning: R
Directions: From I95- exiit West on Malabar Rd, left on Minton, to Right on Jupiter, Left on Degroodt Rd. SW, to right on Fitchburg St. SW, to left on Farber Ave. to left on Olney

Financial Information

Association Deposit YN: No
Membership Fee Required YN: No
Tax Annual Amount: 332.43
Tax Year: 2022
Tax Legal Description: PORT MALABAR UNIT 31 LOT 27 BLK 1513

Status Change Information

Major Change Timestamp: 2024-11-26T12:43:47Z
Major Change Type: Status Change
Price Change Timestamp: 2024-09-11T20:34:09Z
Status Change Date: 2024-11-26
Under Contract Date: 2024-10-18
Close Date: 2024-11-22
Close Price: 393000
Buyer Financing: FHA

More Information

Short Sale Details

Short Sale Addendum: No

Main Level Rooms

Main Level Bathrooms: 2
Main Level Bedrooms: 4

Storm Protection

Panel Shutters: Complete

Showing Details

Pet(s) on Premises: No

Buyer Details

Intended Use: Primary Residence

Concessions

Seller Concessions: Yes
Seller Concessions Amount: 8000

Contributions

Buyer Contributions: No

Room Types

Dining Room Level: Main
Kitchen Level: Main
Living Room Level: Main
Master Bedroom Level: Main
Other Level: Main
Dining Room: Yes
Great Room: Yes
Kitchen: Yes
Laundry: Yes
Living Room: Yes
Master Bedroom: Yes
Other: Yes

Price Calculations

Current Price To SqFt: 194.26
Original List Price To Close Price: 1.04

Originating Details

Originating System Key: 20240815232733311254000000
Originating System ID: M00000170

Office/Member Information

DXORIGMLSID: RML

Amenities

None: Yes

Flooring

Vinyl: Yes

Parking Features

Garage Door Opener: Yes
Garage: Yes

Property Condition

New Construction: Yes

Possession

Close Of Escrow: Yes

Sewer

Septic Tank: Yes

Utilities

Water Available: Yes

Heating

Central: Yes
Electric: Yes

Water Access

None: Yes

Window Features

Blinds: Yes

Appliances

Dishwasher: Yes
Electric Range: Yes
Refrigerator: Yes
Water Heater: Yes

Construction Materials

CBS: Yes

Interior Features

Bedroom Layout - Split: Yes
High Ceilings: Yes
Walk-In Closet(s): Yes

Laundry Features

Inside: Yes
Laundry Tub: Yes
Washer Hookup: Yes

Listing Terms

Cash: Yes
Conventional: Yes
FHA: Yes
VA Loan: Yes

Road Surface Type

Paved: Yes

Security Features

Smoke Detector(s): Yes

Water Source

Public: Yes

Water Heater Details

Electric Water Heater: Yes

Architectural Style

Ranch: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes
Electric: Yes

Showing Requirements

Appointment Only: Yes
Schedule Online: Yes
Supra: Yes

Master Bedroom/Bath

Dual Sinks: Yes
Separate Shower: Yes

Pets Allowed YN

Yes: Yes

Restrictions

No Restrictions: Yes

Storm Protection Details

Storm Shutters: Yes

Tax Information

County Only: Yes

Outdoor Living Spaces

Patio: Yes

Patio Details

Patio - Covered: Yes
Patio - Open: Yes

Contingencies

Financing: Yes

Additional Buyer Details

1st Time Home Buyer: Yes

Concessions Detail

Closing Costs: Yes

Acreage Description

Less Than 1/4 Acre Lot: Yes

Room Information

Room Name	Length	Width	Level	Remarks
Living Room	20.00	18.00	Main	Great room
Kitchen	13.00	11.00	Main	kitchen area
Master Bedroom	15.00	13.00	Main	Master
Dining Room	13.00	11.00	Main	dining area
Other	22.00	12.00	Main	Trussed back patio
Other	22.00	19.00	Main	Garage
Great Room
Laundry

Listing Office: EXP Realty LLC

Last Updated: May - 18 - 2026

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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491 Olney Street, Palm Bay, FL 32908 (MLS# R11013477)