13 days on rocket

248 Rheine Rd NW, Palm Bay, FL, 32907

$325,000

Home List Price

$3,859*

Closing Credit

3 Bedrooms
2 Full Baths
1,792 SqFt
$181/SqFt
House
Schools Nearby

Location

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248 Rheine Rd NW, Palm Bay$325,000

Buyer Closing Credits

$3,859*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage, Garage Door Opener
Garage2 spaces
Year Built1987
HeatingCentral, Electric
CoolingCentral Air, Electric
MLS #1011152
Lot Size0.23 Acres
StatusActive

About 248 Rheine Rd NW

Welcome to your tranquil Palm Bay retreat! This original-owner home offers a strategic location in a peaceful neighborhood. With a split floor plan, it ensures privacy and functionality. Elevated and dry, it's backed by a serene preserve and storm water easement. Enjoy outdoor living on the oversized screened porch or under the shade of a large backyard tree. Abundant windows and skylights fill the interior with natural light. Practical amenities include outside electrical outlets, multiple hose bibs, and rain gutters. The master suite features a spacious bathroom with a walk-in closet, shower, and oversized tub. With your personal touch, this home is poised to become your perfect haven. Don't miss out on the opportunity to embrace the quintessential Florida lifestyle in this prime Palm Bay location!

Property Details

Property Features

Property Information:

  • Year Built: 1987
  • Stories: 1
  • Living Area: 1,792 SqFt

Listing Office:

  • Office Name: Dale Sorensen Real Estate Inc.
  • Office Phone: (321) 723-9990
  • Listing Agent: Matthew Sonberg

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Electric Range, Electric Water Heater, Refrigerator, Washer
  • Flooring Type: Carpet, Tile, Vinyl
  • Interior: Ceiling Fan(s), Pantry, Primary Bathroom -Tub with Separate Shower, Primary Downstairs, Skylight(s), Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Garage, Garage Door Opener

Virtual/3D Tour

  • Virtual Tour: 248 Rheine Rd NW

Virtual Tour

Lot Features

Lot Information:

  • Lot: Other
  • Lot Size: 0.23 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric

School Info

Assigned Schools Information:

  • Heritage High School, Public District Grades 9-12
  • Central Middle School, Public Magnet Grades 7-8
  • Lockmar Elementary School, Public District Grades KG-6

Other

Directions Information:

  • Directions: Take Palm Bay road then south on Minton to west on Emerson turn Left on Treu Terrace then right on Rheine Rd. Home is the 5th home on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $325,000
  • Price Per SqFt: $181/SqFt

Tax Information:

  • Annual Amount: $687
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Palm Bay, FL.

Med. Sold Price

$329.9K

Med. Price/SqFt

$193

Avg. Days On Market

67

# of Sold Homes

251

248 Rheine Rd NW vs Palm Bay

13 DAYS ON ROCKET

-54 Days

$325,000

-$4.9K Less

$181/SqFt

-$12 Less

KEY TAKEAWAY

This property is $4.9K less than the Median Sold Price and $12/SqFt less than other homes in Palm Bay, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Space Coast MLS (Space Coast Association of REALTORS®)
  • MLS Number: #1011152

Listing Office:

  • Office Name: Dale Sorensen Real Estate Inc.
  • Office Phone: (321) 723-9990
  • Listing Agent: Matthew Sonberg

IDX Copyright © 2024 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/30/2024, 2:20:24 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$687$68,410
2019$843$66,880
2018$875$65,640
2017$875$64,290

History based on county public records data.

Payment Calculator

$1,690

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,041

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3742964
5
/10
  • Lockmar Elementary School

  • 525 Pepper St NE

  • 1.04 miles

  • Public District Grades KG-6

Middle School

school-card-donut-3742965
3
/10
  • Central Middle School

  • 2600 Wingate Blvd

  • 2.45 miles

  • Public Magnet Grades 7-8

High School

school-card-donut-3742966
3
/10
  • Heritage High School

  • 2351 Malabar Rd NW

  • 4.67 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $54,423. The most common annual income of people living in Palm Bay, FL is between $35k-100k. Typical family type is married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 248 Rheine Rd NW

What is the listing price of this property?

The listing price of 248 Rheine Rd NW property is $325,000.

What type of property is this?

The property 248 Rheine Rd NW is a house located in Palm Bay, Florida, 32907.

Is this property for sale now?

Active Listing: 248 Rheine Rd NW is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 248 Rheine Rd NW are:
Lockmar Elementary School: GreatSchools Rating 5/10
Central Middle School: GreatSchools Rating 3/10
Heritage High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $687 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 248 Rheine Rd NW has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 248 Rheine Rd NW is 1,792 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 248 Rheine Rd NW is 1987.

Rocket HomesFloridaBrevard CountyPalm Bay32907248 Rheine Rd NW

This home is located at 248 Rheine Rd NW in Palm Bay, FL and zip code 32907 in the Port Malabar neighborhood. This 1,792 square foot home, which was built in 1987, sits on a 0.23 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 17, 2024 and is currently priced at $325,000.

Palm Bay, FL housing market in March 2024 saw over 25 listings sold above listed price, more than 86 sold at listed price and over 140 sold below. Between February 2024 and March 2024, Palm Bay, FL real estate market has seen increase in the number of listings by 8.5%. In March 2024, listings were on the market for 67 days. During the same period, the median list price in this real estate market was $329,999.

From Rocket Homes Real Estate and based on county public records data.

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