1107 CABLE LANE, PALM BAY, FL, 32905
Active81 days on marketListed May 1, 2026MLS #TB8504013
About this home
1107 CABLE LANE
Affordable 4 Bedroom Home for Sale in Palm Bay with City Water & Sewer – Move-In Ready! Searching for an affordable 4-bedroom home in Palm Bay, FL? This move-in-ready home in the desirable Port Malabar area offers exceptional value, flexible living space, and major updates—all for just $246,000. Featuring approximately 1,300 square feet of living space, this well-maintained home includes 4 bedrooms, 1.5 bathrooms, and a versatile floor plan ideal for first-time homebuyers, growing families, remote workers, or investors seeking a great Palm Bay real estate opportunity. The professionally converted garage serves as a spacious fourth bedroom with central air conditioning while still providing additional storage space. Recent improvements include a brand-new roof installed in 2023, giving buyers added peace of mind. The property is connected to city water and city sewer, eliminating the maintenance and expense of well and septic systems—a highly sought-after feature among Palm Bay homes for sale. Conveniently located near shopping centers, restaurants, parks, schools, medical facilities, and major roadways, this home offers easy commuting throughout Brevard County and quick access to Florida's beautiful Space Coast beaches. Whether you're looking for a starter home, investment property, or affordable family home in Palm Bay, this property checks all the boxes with its combination of location, value, and functionality. First-time homebuyers may qualify for down payment assistance programs that could significantly reduce upfront costs. Ask for details. Affordable move-in-ready homes with 4 bedrooms, city utilities, and recent updates are hard to find in today's market. Schedule your private showing today before this opportunity is gone!
Facts & features
The home at a glance
4
Bedrooms
1.5
Bathrooms
1,350
Sqft
0.17 ac
Lot size
1
Garage
1964
Year built
One
Levels
$182
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.
$1,855 /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
$1,855/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
$182 vs $209
Days on market
81 vs 31 typical
Where $182/sqft sits among the 356 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 South Cove
Get to know Palm Bay. See the full Palm Bay guide →
South Cove — neighborhood snapshot
Population
1,184
Median age
54
Median income
$59,211
Median home value
$213,400
Avg household
2
Households w/ children
76%
For the school run
Brevard County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Palm Bay market
$306K → $329K
Palm Bay median sold, yr/yr
98.1%
Sale-to-list ratio (12 mo)
96 of 356
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 10% below the PALM BAY 32905 median. See the full Palm Bay market guide →
Paper trail
This home's history
Reality check
What actually sold near 1107 CABLE LANE
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$270,000
2761 RHAPSODY STREET NE
3 bd · 2 ba · 1,344 sqft · $201/sqft · 96 DOM
Sold · Aug ’25$240,000
2967 SAILFISH STREET NE
3 bd · 2 ba · 1,421 sqft · $169/sqft · 1 DOM
Sold · Apr ’26$262,000
1191 DAYTONA DRIVE NE
3 bd · 2 ba · 1,264 sqft · $207/sqft · 76 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
Eric Chery
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 1107 CABLE LANE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 1107 CABLE LANE — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to Eric's phone and CRM.
Straight answers
1107 CABLE LANE FAQs
What would the monthly payment be for 1107 CABLE LANE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $1,855/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 1107 CABLE LANE?+
The most recent tax bill on record (2025) was $1,653. 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 $246,000, this home is listed about 30% below the Palm Bay median of $350,000. The market section on this page shows how the area is trending.
Which schools are assigned to 1107 CABLE LANE?+
Palm Bay Elementary School (elementary), Palm Bay Magnet Senior High School (high), Stone Magnet Middle School (middle) — Brevard County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Under the PALM BAY 32905 market on paper
$246,000 is 10% below the PALM BAY 32905 median of $272,195, and at $182/sqft it sits under the Palm Bay average of $194.
02Time on market is leverage
81 days on market against a Palm Bay median of 31 — sellers in this position are usually ready to negotiate.
03The price has already moved
Listed at $265,000, now $246,000 — a $19K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of REALTY HUB · Sudi Hernandez. MLS #TB8504013.
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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