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$358,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 2 Full Baths
  • 1,800 Sq. Ft.
  • Updated 1 day ago

Next open house:

Open House: 2:00 PM - 4:00 PM

Sunday 8/16 2:00 PM - 4:00 PM

516 Olsmar Street SW,Palm Bay, FL 32908

516 Olsmar Street SWPalm BayFL32908

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Welcome home to this beautifully maintained 2023-built residence offering 3 bedrooms, 2 bathrooms, a versatile den, and 1,809 square feet of thoughtfully designed living space on city water. The open-concept floor plan features luxury vinyl plank flooring throughout the main living areas, creating a seamless flow from the spacious family room to the chef-inspired kitchen with stainless steel appliances, a large center island, and abundant cabinet space. The private primary suite boasts a tray ceiling, walk-in closet, dual vanities, linen closet, and a beautifully tiled walk-in shower with glass enclosure. Step outside to the oversized 20' x 12' trussed screened porch overlooking the vinyl-fenced backyard with a new paver patio--perfect for entertaining, relaxing, or enjoying Florida's outdoor lifestyle. Additional upgrades include stone-accented curb appeal, wrought-iron front porch railing, LED lighting package, Wi-Fi-enabled garage door opener, interior laundry room and a spacious 2-car garage. Conveniently located near shopping, dining, schools, parks, and major roadways, this move-in-ready home offers modern style, quality construction, and the perfect blend of comfort and functionality.

Full Property Details for 516 Olsmar Street SW

General

  • Price: $358,000
  • Taxes: $5,024 (2025)
  • Status: Active
  • Type: Single Family
  • Source: BrevardCounty
  • MLS ID: 1084595
  • Updated: 8/10/2026
  • Added to Site: 5 day(s) ago

Interior

  • Interior Features: Kitchen Island, Split Bedrooms
  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Furnishings: Negotiable

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Laundry: Electric Dryer Hookup, Washer Hookup

Exterior

  • Exterior Features: Storm Shutters
  • Porch/Patio/Deck: Covered, Front Porch, Patio, Porch, Screened

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 2
  • Parking Features: Attached, Garage

Location

  • Area: 345 - SW Palm Bay
  • County: Brevard
  • Subdivision: Port Malabar Unit 31
  • Driving Directions: Take Minton Rd South, right on Jupiter, left on Degroodt (about 3 1/2 miles south) to Olsmar St, right on Olsmar. Home on the left.
  • Direction Faces: North

School Information

  • Elementary School: Westside
  • Middle School: Southwest
  • High School: Bayside

Community

  • Pets Allowed: Yes
  • Pet Restrictions: Yes

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air, Electric
  • Heating Type: Central, Electric

Utilities

  • Sewer: Septic Tank
  • Water: Public
  • Utility Description: Electricity Connected

Structural Information

  • Architectural Style: A-Frame
  • Exterior Const.: Block, Concrete, Stucco
  • Roof: Shingle
  • Stories/Levels: 1
  • Square Feet: 1,800
  • Living Area: 1,800 Sq. Ft.
  • Current Bldg. Use: Residential, Single Family
  • Year Built: 2023

Additional Structures

  • Other Structures: Shed(s)

Lot Features

  • Lot Size (Acres): 0.23
  • Lot Size (Sq. Ft.): 10,019
  • Frontage: City Street
  • Street/Road Desc.: Asphalt
  • Lot Features: Few Trees
  • Fencing (Description): Vinyl

Financial Considerations

  • Price Per Sq. Ft.: $198.89
  • Tax Amount: $5,024.18
  • Tax Year: 2025
  • Terms: Cash, Conventional, FHA, VA Loan

Disclosures and Reports

  • Special Conditions: Standard
  • Property ID: 29-36-25-Jp-01494.0-0011.00

Listed by Real Broker, LLC

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— 516 Olsmar Street SW —

  • Real Broker, LLC

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with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 516 Olsmar Street SW

School District:Brevard County School District
NameGradesDistance
Westside Elementary School, Palm Bay, FL
2175 Degroodt Road Southwest, Palm Bay, FL 32908
PK-60.8 mi
Southwest Middle School, Palm Bay, FL
451 Eldron Boulevard Southeast, Palm Bay, FL 32909
7-84 mi
Bayside High School
1901 Degroodt Road Southwest, Palm Bay, FL 32908
9-121 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 516 Olsmar Street SW Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/10/2026
Listed
$358,000
-2.72%
MLS
1/24/2024
Sold
$368,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 516 Olsmar Street SW

Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,024
2%
$272,680
3%
2024
$4,941
635%
$265,840
660%
2023
$672
56%
$35,000
250%
2021
$432
103%
$10,000
-47%
2022
$213
-51%
$19,000
153%
2021
$432
-5%
$7,500
58%
2019
$454
3%
$4,750
-26%
2018
$442
2%
$6,400
28%
2017
$435
17%
$5,000
11%
2016
$373
2%
$4,500
38%
2015
$365
2%
$3,260
10%
2014
$358
3%
$2,970
10%
2013
$349
—
$2,700
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 516 Olsmar Street SW

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NMLS#: 1598647

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516 Olsmar Street SW, Palm Bay, FL 32908 (MLS# 1084595) is a Single Family property with 3 bedrooms and 2 full bathrooms. 516 Olsmar Street SW is currently listed for $358,000 and was received on August 10, 2026. Want to learn more about 516 Olsmar Street SW? Do you have questions about finding other Single Family real estate for sale in Palm Bay? You can browse all Palm Bay real estate or contact a Coldwell Banker agent to request more information.

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