Home in 5195 Madras Dr NW Palm Bay for sale with MLS# W7886715

Move-in Ready! Welcome to the highly sought-after Sandalwood floorplan, where luxury meets tranquility in the brand new Malabar Springs community. This stunning, sprawling one-story home w/ 3-car garage offers an exceptional living experience, perfectly situated across from the scenic 35,000-acre Three Forks conservation area. Step inside to discover a wide, welcoming foyer that leads into a bright, open-concept oasis. The heart of the home is a chef-inspired kitchen, boasting an oversized island, walk-in pantry, and seamless views into the expansive great room-an entertainer's delight! This functional layout includes 4 bedrooms, 3 baths, study, and an en-suite perfect for hosting guests in comfort. Retreat to the opulent owner's suite, featuring an elegant 10'4" tray ceiling. The spa-like bathroom is a true sanctuary with a massive 8-foot shower, built-in bench seat, and sleek frameless glass enclosure. Outdoors, the included lanai beckons you to unwind and soak in the breathtaking Florida sunsets over the glistening lake. 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

5195 Madras Dr NW, Palm Bay, FL 32907

Price
Price:
$474,690.00
Previous Asking Price:
$469,990.00
Original List Price:
$469,990.00
List Price per Sq Ft (Calculated, Approx.):
$186.08
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:
W7886715
Rooms Distribution
Bedrooms:
4
Bathrooms Total:
3
Full Bath:
3
Additional Rooms:
Den/library/office, Inside Utility
Measures
Living Area:
2,551 Sqft
Built-Up Area:
3,140 Sqft
Lot Area:
8,309 Sqft
Lot Size Dimensions and Info:
70x120
Building Area Source:
Builder
Living Area Source:
Builder
Lot Features:
Paved, Sidewalk
Lot Size Acres:
0.19
Property Features
Waterfront:
No
Swimming Pool Features:
Gunite, Other, In Ground, Child Safety Fence
Furnished:
Unfurnished
Appliances:
Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Electric Water Heater, Range
Interior:
Eat-in Kitchen, High Ceilings, Walk-In Closet(s), Open Floorplan, 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:
SANDALWOOD
Builder Name:
RYAN HOMES
Levels:
One
Construction Materials:
Block, Frame, Stucco
Flooring:
Ceramic Tile, Concrete
Foundation Details:
Slab
Flood Zone Code:
X
Property Condition:
Completed
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:
1872
Parking
Garage
Garage Spaces:
3
Attached Garage
Parking Features:
Driveway, Garage Door Opener
Garage Dimensions:
28x20
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
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 5 BLK I
Real Estate Folio Number (Parcel Number):
28-36-32-25-I-5
Zoning:
00
Title to the property is held by owner as:
Fee Simple
Listing History
Originally published on:
June 13, 2026 3:36 pm
Active on the market since:
June 13, 2026
Listing Agreement executed on:
June 13, 2026
Purchase Contract Date:
June 26, 2026
Price change occurred on:
July 1, 2026 6:59 pm
Listing Status Last Changed On:
July 1, 2026 7:00 pm
Photos updated on:
June 13, 2026 3:38 pm
Last Modified:
July 1, 2026 7:01 pm
Additional Information
Courtesy of:
MALTBIE REALTY GROUP
Attribution:
813-819-5255
Road Surface Type:
Paved
Location
Street Name:
MADRAS
Street Number:
5195
City:
PALM BAY
State:
Florida
Zip Code:
32907
County:
Brevard
Latitude:
N28° 0' 11.1''
Longitude:
W81° 15' 4.3''
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®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. Listings courtesy of Stellar MLS, as distributed by MLS GRID. 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. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House information, if any, is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office or agent presenting the information. The data is deemed reliable but is not guaranteed by MLS GRID. Use of MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS and as amended from time to time. Some IDX listings have been excluded from this website. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available. Based on information submitted to MLS GRID as of July 1, 2026, 7:01 PM.