Home in 5145 Madras Dr NW Palm Bay for sale with MLS# W7880952

Under Construction. The brand new Malabar Springs community is nestled adjacent to the serene Three Forks conservation area with 35,000 acres of conservation protection, boat launch, picnic area, and 70 miles of trails. With resort-style 3900 square foot pool featuring a sun shelf, cabana, 2 dog parks, outdoor fitness equipment, nature trail, and multi-use park/field Malabar Springs is the ideal location for the stylish and spacious Patterson, where Florida living gets an upgrade! This isn't your average home - we're talking about soaring 11' ceilings that will make your Great Room feel like a palace. Picture yourself hosting the ultimate indoor-outdoor party, with massive sliding glass doors that transform your spacious 24'4" Lanai into an extension of your living space. The showstopper? A chef's dream kitchen featuring a massive 9'9" island perfect for everything from Sunday meal prep to Friday night pizza parties. With three bedrooms (including a luxurious Owner's Suite that feels like a 5-star resort) and a Study, The Patterson isn't just a house - it's your ticket to living the sweet life, Florida style! Welcome to Malabar Springs, Palm Bay's exciting new resort-style community! All Ryan Homes now include WIFI-enabled garage opener and Ecobee thermostat. **Closing cost assistance is available with use of Builder's affiliated lender**. DISCLAIMER: Prices, financing, promotion, and offers subject to change without notice. Offer valid on new sales only. See Community Sales and Marketing Representative for details. Promotions cannot be combined with any other offer. All uploaded photos are stock photos of this floor plan. Actual home may differ from photos. Schools: Elem: Jupiter Elementary School; Middle: Southwestern Middle School; HS: Heritage High School.

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Days on the market

5145 Madras Dr NW, Palm Bay, FL 32907

Price
Price:
$398,720.00
Previous Asking Price:
$349,990.00
Original List Price:
$349,990.00
List Price per Sq Ft (Calculated, Approx.):
$191.69
Property Status and Type
Listing Type:
For Sale
Status:
Pending (An offer has been accepted)
Contract Status:
No Contingency
Previous Status:
Active
Listing Category:
Residential
Property Type:
Single Family House
MLS Number:
W7880952
Rooms Distribution
Bedrooms:
3
Bathrooms Total:
3
Full Bath:
2
Half Bath:
1
Additional Rooms:
Den/library/office, Inside Utility
Measures
Living Area:
2,080 Sqft
Built-Up Area:
2,546 Sqft
Lot Area:
5,831 Sqft
Lot Size Dimensions and Info:
50x120
Building Area Source:
Builder
Living Area Source:
Builder
Lot Features:
Paved, Sidewalk
Lot Size Acres:
0.14
Property Features
Waterfront:
No
Swimming Pool Features:
Gunite, Other, In Ground, Child Safety Fence
Security:
Smoke Detector(s)
Furnished:
Unfurnished
Appliances:
Dishwasher, Disposal, Microwave, Electric Water Heater, Range
Interior:
Eat-in Kitchen, High Ceilings, Walk-In Closet(s), Stone Counters, Thermostat, Crown Molding, Tray Ceiling(s), Primary Bedroom Main Floor
Exterior:
French Doors, Hurricane Shutters
Patio and Porch:
Patio, Covered
Windows:
Energy Star Qualified Windows
Laundry:
Inside
Green Energy Efficient:
Appliances, Hvac, Thermostat, Windows, Lighting
Air Conditioning System:
Central Air
Heating System:
Central
Property Entrance Faces:
South
Other Equipment:
Irrigation Equipment
Disaster Mitigation:
Fire/smoke Detection Integration, Above Flood Plain
Construction
Year Built:
2026
Roof:
Shingle
Builder Model:
PATTERSON
Builder Name:
RYAN HOMES
Levels:
One
Construction Materials:
Block, Frame, Stucco
Flooring:
Ceramic Tile, Concrete
Foundation Details:
Slab
Flood Zone Code:
X
Property Condition:
Under Construction
Taxes and Expenses
Tax Annual Amount:
$0.00
Tax Year:
2026
Association Fee:
$20.00
Association Fee Frequency:
Monthly
Total Annual Fees:
$240.00
Total Monthly Fees:
$20.00
Tax Other Annual Assessment Amount:
1978
Parking
Garage
Garage Spaces:
2
Attached Garage
Parking Features:
Driveway, Garage Door Opener
Garage Dimensions:
19x21
Utilities
Sewer:
Public Sewer
Utilities Available:
Cable Available, Broadband/High Speed Internet Available
Water Source:
Public
Community
Association
Minimum Lease Term:
7 Months
Pets Allowed?:
There is a limit on the number of pets allowed
Number of Pets Allowed:
3
Subdivision Name:
MALABAR SPRINGS
Community Features:
Park, Pool, Playground, Association Recreation - Owned
Association Fee Includes:
Recreational Facilities
Senior Community:
No
Association Fee Required:
Required
Community Development District CDD
Projected Completion Date:
30 September 2026
Association Management:
RYAN HOMES
Terms
Listing Terms Considered by Seller:
Cash, Conventional, FHA, VA Loan
Occupant Type:
Vacant
Lease Considered:
Yes
Zoning and Legal
Tax Legal Description:
MALABAR SPRINGS PHASE 1 LOT 9 BLK I
Real Estate Folio Number (Parcel Number):
28-36-32-25-I-9
Zoning:
00
Title to the property is held by owner as:
Fee Simple
Listing History
Originally published on:
November 21, 2025 8:24 pm
Active on the market since:
November 21, 2025
Listing Agreement executed on:
November 21, 2025
Purchase Contract Date:
April 5, 2026
Price change occurred on:
April 8, 2026 9:21 pm
Listing Status Last Changed On:
April 8, 2026 9:26 pm
Photos updated on:
April 8, 2026 9:27 pm
Last Modified:
April 9, 2026 2:02 am
Additional Information
Courtesy of:
MALTBIE REALTY GROUP
Attribution:
813-819-5255
Road Surface Type:
Paved
Location
Street Name:
MADRAS
Street Number:
5145
City:
PALM BAY
State:
Florida
Zip Code:
32907
County:
Brevard
Latitude:
N28° 0' 11.1''
Longitude:
W81° 15' 6.7''
Property Map

Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $71,827
Median Home Value $253,700
Median Rent $1,693/mo
Median Age 44
Population 48,352

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Association of REALTORS®
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