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Address
5145 Madras Drive Nw, PALM BAY, FL
Price
$ 398,720
Property Attributes
  • MLS#W7880952
  • TypeSingle Family
  • Listing Status Pending
  • CountyBrevard
  • CityPALM BAY
  • AreaPalm Bay/Melbourne
  • NeighborhoodMALABAR SPRINGS
  • Zip32907
  • StyleSingle Family Residence
  • Year Built2026
  • Price$ 398,720
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms1
  • Sqr Footage2080
  • Lot Size0.14 Acres
Data Source:
Stellar MLS
Property Description

Under Construction. The brand new Malabar Springs community is nestled adjacent to the serene Three Forks conservation area with 35,000 acres of conservation protection, boat launch, picnic area, and 70 miles of trails. With resort-style 3900 square foot pool featuring a sun shelf, cabana, 2 dog parks, outdoor fitness equipment, nature trail, and multi-use park/field Malabar Springs is the ideal location for the stylish and spacious Patterson, where Florida living gets an upgrade! This isn’t your average home – we’re talking about soaring 11’ ceilings that will make your Great Room feel like a palace. Picture yourself hosting the ultimate indoor-outdoor party, with massive sliding glass doors that transform your spacious 24’4” Lanai into an extension of your living space. The showstopper? A chef’s dream kitchen featuring a massive 9’9” island perfect for everything from Sunday meal prep to Friday night pizza parties. With three bedrooms (including a luxurious Owner’s Suite that feels like a 5-star resort) and a Study, The Patterson isn’t just a house – it’s your ticket to living the sweet life, Florida style! Welcome to Malabar Springs, Palm Bay's exciting new resort-style community! All Ryan Homes now include WIFI-enabled garage opener and Ecobee thermostat. **Closing cost assistance is available with use of Builder’s affiliated lender**. DISCLAIMER: Prices, financing, promotion, and offers subject to change without notice. Offer valid on new sales only. See Community Sales and Marketing Representative for details. Promotions cannot be combined with any other offer. All uploaded photos are stock photos of this floor plan. Actual home may differ from photos. Schools: Elem: Jupiter Elementary School; Middle: Southwestern Middle School; HS: Heritage High School.

Price History
4/4/2026 Listed $349,990
4/8/2026 14$398,720

General Features

Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities BB/HS Internet Available,Cable Available
Roof Shingle
Appliances Dishwasher,Disposal,Electric Water Heater,Microwave,Range
Zoning 00
HOA Fee 20
Garage Spaces 2
Association Fee Includes Recreational Facilities
Patio/Porch Features Covered,Patio
Pool Features Child Safety Fence,Gunite,In Ground,Other
Security Features Smoke Detector(s)
Construction Materials Block,Stucco,Wood Frame
Pets Allowed Number Limit
Year Built 2026
Levels One
Property Subtype Single Family Residence
Tax Year 2026
Ownership Fee Simple
Community Features Association Recreation - Owned,Park,Playground,Pool
Assoc Fee Paid Per Monthly
County Brevard
New Construction true
Property Type Residential
Attached Garage true
Energy Efficient Appliances,HVAC,Lighting,Thermostat,Windows
Subdivision Name MALABAR SPRINGS
Facing Direction South
Garage Y/N true
Green Indoor Air Quality HVAC Filter MERV 8+,No/Low VOC Flooring,No/Low VOC Paint/Finish,Ventilation
Green Water Conservation Drip Irrigation
Total Rooms 9
Full Baths 2
Status Pending
Directions St. John's Heritage Parkway to the light at Malabar next to the brand new Publix, turn right on Malabar Rd, go past Heritage High School and the community is on the right, turn right into the community and drive straight until you see the model homes.
City PALM BAY
Association Name RYAN HOMES
Senior Community Y/N false
MLS Area 32907 - Palm Bay/Melbourne
Lot Size Units Square Feet
Lot Size Square Feet 5831
Carport Y/N false
Listing Terms Cash,Conventional,FHA,VA Loan
Land Lease Y/N false
Home Warranty Y/N true
Property Condition Under Construction
Additional Parcels Y/N false
Lease Considered Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/stellar/W7880952
Building Area Units Square Feet
Living Area Units Square Feet
Builder Name RYAN HOMES
Standard Status Pending
Occupancy Type Vacant
TaxOtherAnnualAssessmentAmount 1978
Tax Lot 9
Legal Description MALABAR SPRINGS PHASE 1 LOT 9 BLK I
Minimum Lease 7 Months
Water Access Y/N false
Monthly HOA Amount 20
Additional Rooms Den/Library/Office,Inside Utility
Water View Y/N false
Flood Zone Code X
In Law Suite YN false
Flood Zone Code X Yes

Interior Features

Interior Amenities Crown Molding,Eating Space In Kitchen,High Ceilings,Primary Bedroom Main Floor,Stone Counters,Thermostat,Tray Ceiling(s),Walk-In Closet(s)
Flooring Ceramic Tile,Concrete
Furnished Y/N Unfurnished
Air Conditioning Y/N true
Heating Y/N true
Window Features ENERGY STAR Qualified Windows
Fireplace Y/N false
Half Baths 1
Laundry Features Inside
Total Bedrooms 3
LivingAreaSource Builder
Total Baths 3

Exterior Features

Exterior Amenities French Doors,Hurricane Shutters,Irrigation System
Parking Features Driveway,Garage Door Opener
Lot Features Sidewalk
Water Source Public
Lot Size Area 5831
Foundation Details Slab
Building Area Total 2546
Lot Dimensions 50 x 120
Lot Size Acres 0.14
Road Surface Type Paved
Private Pool false
Waterfront Y/N false
Covered Spaces 2
Road Frontage Type Street Paved
Builder Model PATTERSON

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 32907

Price
AVG $350K
$400K
Year Built
AVG 2007
2026

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