1650 BURGUNDY STREET SE, PALM BAY, FL, 32909
Active212 days on marketListed Feb 20, 2026MLS #FC316348
About this home
1650 BURGUNDY STREET SE
Short Sale. Short Sale... Discover a rare opportunity to own a versatile property offering space, flexibility, and long-term potential in the heart of Palm Bay. Situated on an expansive double lot totaling nearly half an acre, this unique residence combines comfortable everyday living with exceptional options for multigenerational living, guest accommodations, or income potential. The main home features 2 spacious bedrooms and 2.5 bathrooms, designed for both comfort and functionality. The layout includes generous living areas ideal for entertaining or relaxing, along with a convenient Jack-and-Jill bathroom configuration that enhances flow and privacy. With approximately 1,200 square feet of living space, the home offers an efficient footprint while maintaining a comfortable and open feel. A standout feature of this property is the detached oversized two-car garage complete with its own electrical panel and loft above—providing incredible flexibility. The loft space can easily be transformed into a private guest house, in-law suite, home office, studio, or additional storage, giving future owners the ability to customize the property to fit their lifestyle or investment goals. Plans for the garage are available. Major system updates provide peace of mind and improved efficiency, including a new roof installed in November 2023, new A/C in June 2024, and solar panels added in May 2024, helping reduce long-term operating costs and enhance sustainability. The septic system has also been recently serviced, ensuring the property is ready for its next chapter. Surrounded by mature trees and located in the established Port Malabar community, this property offers the perfect balance of privacy, space, and convenience. Whether you’re seeking a primary residence with room to grow, a multigenerational living solution, or a property with future income potential, this home delivers unmatched versatility and opportunity. Property Highlights: Double lot totaling approximately 0.46 acres, 2 bedrooms | 2.5 bathrooms in main residence, Detached 2-car garage with loft—ideal for guest suite, office, or in-law quarters, New roof (2023), new A/C (2024), and solar panels (2024), Spacious living areas with functional layout, No HOA and endless potential for customization This is more than a home—it’s a strategic opportunity to create value, expand functionality, and design a living environment tailored to your needs.
Facts & features
The home at a glance
2
Bedrooms
2.5
Bathrooms
1,488
Sqft
0.46 ac
Lot size
2
Garage
1981
Year built
One
Levels
$195
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.
$2,073 /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
$2,073/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.
$/sqft vs Palm Bay actives
$195 vs $191
Days on market
212 vs 42 typical
Where $195/sqft sits among the 165 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 →
The numbers that matter
The Palm Bay market
$306K → $325K
Palm Bay median sold, yr/yr
98.2%
Sale-to-list ratio (12 mo)
75 of 165
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 287% above the PALM BAY 32909 median. See the full Palm Bay market guide →
Paper trail
This home's history
Reality check
What actually sold near 1650 BURGUNDY STREET SE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Feb ’26$329,890
1380 SE PARAMOUNT STREET · same community
3 bd · 2 ba · 1,504 sqft · $219/sqft · 55 DOM
Sold · Apr ’26$322,990
798 TARR AVENUE SW · same community
3 bd · 2 ba · 1,504 sqft · $215/sqft · 91 DOM
Sold · May ’26$296,000
1101 RANSOM ROAD SE · same community
3 bd · 2 ba · 1,276 sqft · $232/sqft · 0 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
Anealya Hammad
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 1650 BURGUNDY STREET SE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 1650 BURGUNDY STREET SE — before you fall in love.
See it in person
Schedule a tour
Live availability from Anealya's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
1650 BURGUNDY STREET SE FAQs
What would the monthly payment be for 1650 BURGUNDY STREET SE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $2,073/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 1650 BURGUNDY STREET SE?+
The most recent tax bill on record (2025) was $933. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Palm Bay?+
At $289,900, this home is listed about 15% below the Palm Bay median of $341,495. The market section on this page shows how the area is trending.
The brief
Three things that matter here
01Positioned at the premium end
$289,900 runs 287% above the PALM BAY 32909 median.
02Time on market is leverage
212 days on market against a Palm Bay median of 42 — sellers in this position are usually ready to negotiate.
03The price has already moved
Listed at $319,900, now $289,900 — a $30K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of NAVY TO NAVY HOMES LLC · Garrett Decker. MLS #FC316348.
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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