tomo logo

$425,000

Beds
5
Baths
3.0
sq ft
2,257

548 Gilbert Dr NE, Palm Bay, FL 32907

548 Gilbert Dr NE

Palm Bay, FL 32907

  • 16 days on market
Welcome to this charming brick home, located on a spacious corner lot in the highly desirable Lockmar Estates. This property offers timeless curb appeal and a warm, inviting atmosphere with plenty of room for both indoor & outdoor living. The generous living areas offer versatile spaces to suit your lifestyle. All 3 bathrooms are newly renovated, Roof, skylights, A/C & flooring were done in 2024. Septic pumped out in 24'. From local retail stores to awesome parks and restaurants, you'll have everything at your fingertips. Plus, the beautiful Florida beaches are just a short drive away, offering a perfect getaway whenever you desire. Don't miss out on this great buy!

Details

Property type

Single Family Residence

Est. home value

$380,588

Lot size

0.36 acres

Price per sq ft

$189

Year built

1992

Annual property taxes

$5,190.35

Price History

03/21/2025
BrevardMLS

BrevardMLS #1040031

Listed
$425,000

Schools & Community

Elementary school: 

Lockmar

Middle school: 

Central

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

$383,547
Asking price
$425,000
Closing costs (~8% of asking)
-$34,000
Est. remaining loan balance
-$7,453
Cash to seller
$383,547

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

Seller’s Loan History

Lender

Bank Of America Na

Loan start date

September 2011

Original loan amount

$59,000

Est. remaining balance

$7,453

Interest rate

3.65%

Loan type

New Conventional, 15 year

Seller

Albert S Parchment Jr and Agusta R Parchment

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: 03/22/2025 at 9:20 PM

Listing updated: 03/21/2025 at 8:20 AM

Listed by: Elizandra Santiago, Arium Real Estate, LLC Phone #: (321) 361-9542

MLS: BrevardMLS #1040031

BrevardMLS logo

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