tomo logo

$779,500

Beds
3
Baths
2.0
sq ft
1,890

2640 Elm Dr NE, Palm Bay, FL 32905

2640 Elm Dr NE

Palm Bay, FL 32905

  • 4 days on market
Waterfront Paradise on Turkey Creek W/ Ocean Access!Nestled on a quiet cul-de-sac on a dead end street, this fully upgraded home offers the perfect blend of luxury and waterfront living. Located on a navigational canal with direct ocean access, this property is ideal for boaters, featuring a large commercial floating dock. The open floor plan and high vaulted ceilings create a spacious and inviting atmosphere, while hurricane-impact windows provide peace of mind. The kitchen boasts Quartz Countertops, an Over Sized Island with plenty of storage, and your very own wine/coffee bar. The sunroom under air ensures year-round comfort, & the primary bathroom boasts a double shower for a spa-like experience. This home has all of the updates you have been looking for! Including an entirely updated Pool Screened Enclosure 2025, Resurfaced Patio 2025, Brand-new pergola 2025, Pool Heater 2023, 2021 HVAC, 2022 Mini-split AC, 2019 roof, 2017 retaining wall, beautiful new landscaping. NO HOA

Details

Property type

Single Family Residence

Est. home value

$634,156

Property condition

Updated/Remodeled

Lot size

0.29 acres

Price per sq ft

$413

Year built

1987

Annual property taxes

$6,204.68

Price History

02/22/2025
BrevardMLS

BrevardMLS #1037726

Listed
$779,500
+17.66%
02/08/2023
BrevardMLS

BrevardMLS #955326

Sold
$662,500

Schools & Community

Elementary school: 

Palm Bay Elem

Middle school: 

Stone

High school: 

Palm Bay

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$232,240
Asking price
$779,500
Closing costs (~8% of asking)
-$62,360
Est. remaining loan balance
-$484,900
Cash to seller
$232,240

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

February 2023

Original loan amount

$496,875

Est. remaining balance

$484,900

Interest rate

6.27%

Loan type

New Conventional, 30 year

Seller

Meredith Mayfield and John Mayfield

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 02/22/2025 at 12:10 PM

Listing updated: 02/22/2025 at 8:50 AM

Listed by: Sophiea Marchant, RE/MAX Gold Phone #: (772) 607-5282

MLS: BrevardMLS #1037726

BrevardMLS logo

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