1501 Olympia Avenue SW, Palm Bay, FL 32908
$399,900
Property Type:
Residential
Bedrooms:
5
Baths:
3
Square Footage:
3,676
Lot Size (sq. ft.):
35,719
Status:
Active
Current Price:
$399,900
List Date:
10/07/2025
Last Modified:
11/18/2025
Description
BACK ON MARKET - Appraisal & inspections good! Buyer financing failed. Huge yard with a home that offers many options for bedrooms? This former ALF is a 5 bedroom, 3 bath home with 2 screened porches backing to a drainage canal for extra privacy! In the last 4 years seller has installed new laminate flooring, sprinkler system, propane gas generator & water system. NEW roof May 2025!!! Whole house attic fan. Tiled/lam flooring. True eat-in kitchen with 2 pantries! Main bdrm has walk-in 3.5x4 tiled shower, 2 sink vanity & walk-in 5x9 closet, 3 sets of sliders off family room & bedrooms 2&3. Bath 2 is between bdrms 3&4 with a walk-in tiled 3x5 shower. Bath 3 is guest bath with tiled tub/shower & right next to Bdrm 5. 2 AC units. Storm shutters. Ceiling fans everywhere. Interior walls freshly painted. This home could work as 2 family home, guest area or in-law situation. Plenty of room in side yard to park the boat, RV or build another garage for storing all your toys!
More Information MLS# 1050853
Contract Information
Comp Sale YN: No
Current Price: $399,900
Original List Price: 420000
List Price: $399,900
Status: Active
Listing Contract Date: 2025-07-03
Property Sub Type: Single Family Residence
Currently Not Used
Homestead YN: No
Location, Tax, and Legal
Tax Account: 2907493
Parcel Number: 29-36-13-Kk-01596.0-0009.00
General County Location: South
Elementary School: Westside
Middle School: Southwest
High School: Bayside
Zoning Description: Residential
Directions: Exit 173 off I-95 and head west on Malabar Road. Turn left (south) on Emerson and continue into Bayside Lake going past Bayside High School. Once past DeGroodt intersection, start to look for Olympia on your right, should be the third street west of DeGroodt. Turn right on to Olympia and head north until just before the curve and home is on the right.
General Property Information
Accessory Dwelling Unit Y/N: No
Bathrooms Half: 0
Living Area: 2576
Living Area Source: Appraiser
Building Area Total: 3676
Lot Size Acres: 0.82
Lot Size Square Feet: 35719
Accessibility Features YN: Yes
Association YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Waterfront YN: No
Land Site Description: Drainage Canal
Land Lease YN: No
Senior Community YN: No
CDD Fee YN: No
Community Fee(s) YN: No
Water Body Access YN: No
Furnished: Negotiable
Stories: 1
Entry Level: 1
Direction Faces: West
Pool Private YN: No
List Price/SqFt: 155.24
Bedrooms Total: 5
Bathrooms Total: 3
Bathrooms Full: 3
Year Built: 1989
Remarks and Miscellaneous
Public Remarks: BACK ON MARKET - Appraisal & inspections good! Buyer financing failed. Huge yard with a home that offers many options for bedrooms? This former ALF is a 5 bedroom, 3 bath home with 2 screened porches backing to a drainage canal for extra privacy! In the last 4 years seller has installed new laminate flooring, sprinkler system, propane gas generator & water system. NEW roof May 2025!!! Whole house attic fan. Tiled/lam flooring. True eat-in kitchen with 2 pantries! Main bdrm has walk-in 3.5x4 tiled shower, 2 sink vanity & walk-in 5x9 closet, 3 sets of sliders off family room & bedrooms 2&3. Bath 2 is between bdrms 3&4 with a walk-in tiled 3x5 shower. Bath 3 is guest bath with tiled tub/shower & right next to Bdrm 5. 2 AC units. Storm shutters. Ceiling fans everywhere. Interior walls freshly painted. This home could work as 2 family home, guest area or in-law situation. Plenty of room in side yard to park the boat, RV or build another garage for storing all your toys!
Accessibility Features
Accessible Approach with Ramp: 1
Accessible Central Living Area: 1
Accessible Closets: 1
Accessible Common Area: 1
Accessible Full Bath: 1
Standby Generator: 1
Appliances
Dishwasher: 1
Electric Range: 1
Electric Water Heater: 1
ENERGY STAR Qualified Dishwasher: 1
ENERGY STAR Qualified Refrigerator: 1
ENERGY STAR Qualified Water Heater: 1
Microwave: 1
Refrigerator: 1
Architectural Style
Traditional: 1
Closing Company Details
Closing Company Name: Peninsula Title Services
Construction Materials
Frame: 1
Stucco: 1
Cooling
Attic Fan: 1
Central Air: 1
Electric: 1
Multi Units: 1
Current Use
Residential: 1
Single Family: 1
DPR Eligible
DPR Eligible: Yes
Electric
Whole House Generator: 1
Exterior Features
Storm Shutters: 1
Fencing
Chain Link: 1
Flooring
Laminate: 1
Tile: 1
Heating
Central: 1
Electric: 1
Interior Features
Breakfast Bar: 1
Ceiling Fan(s): 1
Eat-in Kitchen: 1
Entrance Foyer: 1
Guest Suite: 1
In-Law Floorplan: 1
Jack and Jill Bath: 1
Pantry: 1
Primary Bathroom - Shower No Tub: 1
Split Bedrooms: 1
Vaulted Ceiling(s): 1
Walk-In Closet(s): 1
Laundry Features
Electric Dryer Hookup: 1
In Garage: 1
Washer Hookup: 1
Legal Details
Permission Granted to Advertise: No
Plat Book #: 17
Plat Book Page: 34
Levels
One: 1
Listing Terms
Cash: 1
Conventional: 1
FHA: 1
VA Loan: 1
Lot Features
Cleared: 1
Drainage Canal: 1
Few Trees: 1
Irregular Lot: 1
Parking Features
Garage Door Opener: 1
RV Access/Parking: 1
Patio And Porch Features
Covered: 1
Front Porch: 1
Porch: 1
Rear Porch: 1
Screened: 1
Pets Allowed
Yes: 1
Possession
Close Of Escrow: 1
Road Frontage Type
City Street: 1
Road Surface Type
Asphalt: 1
Roof
Shingle: 1
Security Features
Fire Sprinkler System: 1
Smoke Detector(s): 1
Sewer
Septic Tank: 1
Special Listing Conditions
Standard: 1
Utilities
Cable Available: 1
Cable Connected: 1
Electricity Available: 1
Electricity Connected: 1
Natural Gas Not Available: 1
Water Connected: 1
Propane: 1
Water Source
Private: 1
Well: 1
Showing Requirements
No Sign: 1
Showing Service: 1
Room Types
Bathroom 2: 1
Bathroom 2 Level: Main
Bedroom 1: 1
Bedroom 1 Level: Main
Bedroom 3: 1
Bedroom 3 Level: Main
Bedroom 4: 1
Bedroom 4 Level: Main
Bedroom 5: 1
Bedroom 5 Level: Main
Dining Room: 1
Dining Room Level: Main
Family Room: 1
Family Room Level: Main
Kitchen: 1
Kitchen Level: Main
Living Room: 1
Living Room Level: Main
Other Room: 1
Other Room Level: Main
Location Tax and Legal
Street Number: 1501
Street Name: Olympia
Street Suffix: Avenue
Street Direction Suffix: SW
County: Brevard
State: FL
Postal Code: 32908
MLS Area Major: 345 - SW Palm Bay
Subdivision Name: Port Malabar Unit 32
Status Change Information
Major Change Timestamp: 2025-11-18T23:05:49Z
Major Change Type: Status Change
Price Change Timestamp: 2025-07-26T17:10:49Z
Status Change Timestamp: 2025-11-18
Property Features
Accessibility Features: Accessible Approach with Ramp; Accessible Central Living Area; Accessible Closets; Accessible Common Area; Accessible Full Bath; Standby Generator
Appliances: Dishwasher; Electric Range; Electric Water Heater; ENERGY STAR Qualified Dishwasher; ENERGY STAR Qualified Refrigerator; ENERGY STAR Qualified Water Heater; Microwave; Refrigerator
Architectural Style: Traditional
Construction Materials: Frame; Stucco
Cooling: Attic Fan; Central Air; Multi Units
Current Use: Residential; Single Family
Electric: Whole House Generator
Exterior Features: Storm Shutters
Fencing: Chain Link
Flooring: Laminate; Tile
Heating: Central; Electric
Interior Features: Breakfast Bar; Ceiling Fan(s); Eat-in Kitchen; Entrance Foyer; Guest Suite; In-Law Floorplan; Jack and Jill Bath; Pantry; Primary Bathroom - Shower No Tub; Split Bedrooms; Vaulted Ceiling(s); Walk-In Closet(s)
Laundry Features: Electric Dryer Hookup; In Garage; Washer Hookup
Levels: One
Listing Terms: Cash; Conventional; FHA; VA Loan
Lot Features: Cleared; Drainage Canal; Few Trees; Irregular Lot
Parking Features: Garage Door Opener; RV Access/Parking
Patio And Porch Features: Covered; Front Porch; Porch; Rear Porch; Screened
Pets Allowed: Yes
Possession: Close Of Escrow
Road Frontage Type: City Street
Road Surface Type: Asphalt
Roof: Shingle
Security Features: Fire Sprinkler System; Smoke Detector(s)
Sewer: Septic Tank
Showing Requirements: No Sign; Showing Service
Special Listing Conditions: Standard
Utilities: Cable Available; Cable Connected; Electricity Available; Electricity Connected; Natural Gas Not Available; Water Connected; Propane
Water Source: Private; Well
Room Types: Bathroom 2; Bedroom 1; Bedroom 3; Bedroom 4; Bedroom 5; Dining Room; Family Room; Kitchen; Living Room; Other Room
Room Information
Living Room
Level: Main
Length: 17.00
Length: 17.00
Width: 17.00
Width: 17.00
Dining Room
Level: Main
Length: 10.00
Length: 10.00
Width: 10.00
Width: 10.00
Family Room
Level: Main
Length: 13.00
Length: 13.00
Width: 17.00
Width: 17.00
Remarks: Slider to back porch
Kitchen
Level: Main
Length: 25.00
Length: 25.00
Width: 13.00
Width: 13.00
Remarks: Huge kitchen with 2 pantries
Bedroom 1
Level: Main
Length: 16.00
Length: 16.00
Width: 14.00
Width: 14.00
Remarks: Walk-in closet 5x9
Bathroom 2
Level: Main
Length: 20.00
Length: 20.00
Width: 13.00
Width: 13.00
Remarks: Slider to back porch
Bedroom 3
Level: Main
Length: 12.00
Length: 12.00
Width: 13.00
Width: 13.00
Remarks: Slider to back porch
Bedroom 4
Level: Main
Length: 15.00
Length: 15.00
Width: 13.00
Width: 13.00
Remarks: Double closets
Bedroom 5
Level: Main
Length: 12.00
Length: 12.00
Width: 13.00
Width: 13.00
Other
Level: Main
Length: 10.00
Length: 10.00
Width: 4.00
Width: 4.00
Remarks: Tiled foyer with double doors
Other
Level: Main
Length: 25.00
Length: 25.00
Width: 10.00
Width: 10.00
Remarks: Screened front porch
Other
Level: Main
Length: 43.00
Length: 43.00
Width: 10.00
Width: 10.00
Remarks: Screened back porch
Listing Office:
Elite Real Estate
Last Updated: November - 18 - 2025
Information is deemed to be reliable, but is not guaranteed.