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4854 Madras Drive, Palm Bay, FL 32907

4854 Madras Drive

Palm Bay, FL 32907 · Brevard County

$362,990

4

Beds

3

Baths

2,187

Sq ft

2027

Year built

Location

About this home

Pre-Construction. To be built. Pre-permitted lot. Experience perfect proportions in the Grove, offering 2,187 square feet of thoughtfully designed space. This two-story home features an open-concept main level where the stunning kitchen island seamlessly connects to the dining and great room. Enjoy the convenience of a main-floor owner’s suite with spa-like bath, while the upper level provides three bedrooms and a versatile loft. Available in two distinctive elevation styles, the home maximized natural light through strategic window placement and includes practical features like a walk-in laundry room. The Grove masterfully balances efficiency and flexibility for today’s family lifestyle. 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. 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.

Facts & features

Interior

Bedrooms
4
Bathrooms
3
Living area
2,187 sq ft
Flooring
Carpet, Ceramic Tile, Concrete
Appliances
Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Range Hood
Features
Eat-in Kitchen, Kitchen/Family Room Combo, PrimaryBedroom Upstairs, Stone Counters, Thermostat, Tray Ceiling(s), Walk-In Closet(s)
Cooling
Central Air
Heating
Central

Exterior & lot

Lot size
0.11 acres
Construction
Block, Stucco, Frame
Roof
Shingle
Features
Hurricane Shutters

Financial

Price / sqft
$166/sqft
Tax year
2026
HOA fee
$20
HOA billed
Monthly

Utilities

Utilities
BB/HS Internet Available, Cable Available
Water
Public
Sewer
Public Sewer

Property

Property type
Single Family
Year built
2027
Subdivision
Malabar Springs
Days on market
6 days

Estimate your monthly cost

Twenty percent down over thirty years at 6.5%. Insurance is not included. The property tax for this address is still being confirmed against the county record, so it is not in this figure either.

Principal & interest
$1,835
HOA dues
$20
Estimated monthly
$1,855

Ask about this property

Answered from this listing’s own figures and the sales around it.

Similar homes nearby

Price history

From the property’s MLS record.

DateEventPriceChange
Oct 14, 2026Listed$362,990—

Neighbourhood

The schools below come from the MLS record for this home. Walking, transit and cycling figures for Palm Bay, FL are not connected yet, so this page does not show them.

About this area

PALM BAY, FL sits in Brevard County. Asking prices on the 8 nearest homes we hold run from $351,990 to $492,210, with $395,133 in the middle. Those are asking prices, not closed sales.

Written from this listing’s own record and the homes we hold nearby.

Elementary school
Not listed
Not named in the MLS record for this home
Middle school
Not listed
Not named in the MLS record for this home
High school
Not listed
Not named in the MLS record for this home

Frequently asked questions

What would 4854 MADRAS DRIVE, PALM BAY cost per month?

About $1,855 a month: $1,835 principal and interest, $20 HOA. That assumes 20% down at 6.5% over 30 years, and leaves out insurance. The property tax for this address is still being confirmed against the county record. It is not in this figure.

Is 4854 MADRAS DRIVE, PALM BAY priced fairly?

Comparable homes nearby put it between $386,443 and $444,617, with $415,530 in the middle. Those are asking prices, not closed sales: 8 properties of the same type within three miles, each within 20% of this one's size and a bedroom either way, at a median of $190 a square foot.

How does 4854 MADRAS DRIVE, PALM BAY compare to nearby homes?

8 comparable properties within three miles. The nearest: 4834 MADRAS DRIVE, PALM BAY, FL at $351,990, 2,177 sq ft, 0.01 miles away; 4844 MADRAS DRIVE, PALM BAY, FL at $391,545, 2,520 sq ft, 0.02 miles away; 4804 MADRAS DRIVE, PALM BAY, FL at $368,990, 2,520 sq ft, 0.04 miles away.

How long has 4854 MADRAS DRIVE, PALM BAY been on the market?

4 days on the market.

Has the price of 4854 MADRAS DRIVE, PALM BAY changed?

The price has not moved since it was listed.

How big is 4854 MADRAS DRIVE, PALM BAY?

4 bed, 3 bath, 2,187 square feet. That is $166 a square foot.

What year was 4854 MADRAS DRIVE, PALM BAY built?

Built in 2027.

What is the HOA fee at 4854 MADRAS DRIVE, PALM BAY?

The association fee works out to $20 a month.

What are the property taxes at 4854 MADRAS DRIVE, PALM BAY?

The property tax for this address is still being confirmed against the county record.

Is 4854 MADRAS DRIVE, PALM BAY still available?

It is still on the market.

Listing

Listed by
Bill Maltbie
Brokerage
MALTBIE REALTY GROUP
MLS number
MFR814038907

Listing information is deemed reliable but is not guaranteed.