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$480,000
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Property Description
Spacious three bedroom two bath split floor plan home on a large corner lot in desirable Palm Bay. Built in 2002 with brick exterior walls and a hip gable shingle roof, this home features vaulted ceilings, 24 inch tile flooring, and abundant windows that bring in natural light. The kitchen offers granite countertops and colonial style cabinetry, while the interior is painted in bright tropical tones that feel peaceful and inviting. Recent updates include a 2025 roof and 2025 water heater, plus hurricane shutters for added storm protection. A spacious screened porch extends the living area with French doors from both the breakfast nook and den. Two car garage and generous backyard with room for a future pool. Conveniently located within walking distance to a nearby school and close to everyday amenities.
Full Property Details
Full Property Details for 602 Ballon Terrace SE
General
- Price: $480,000
- Taxes: $3,977 (2025)
- Status: Active
- Type: Single Family
- Source: BrevardCounty
- MLS ID: 1070407
- Updated: 3/10/2026
- Added to Site: 52 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), Eat-in Kitchen, Kitchen Island, Primary Bathroom -Tub with Separate Shower, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
- Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
- Furnishings: Unfurnished
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Electric Dryer Hookup, Sink, Washer Hookup
Exterior
- Exterior Features: Storm Shutters
- Porch/Patio/Deck: Rear Porch, Screened
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: Garage, Parking Lot
Location
- Area: 343 - SE Palm Bay
- County: Brevard
- Subdivision: Port Malabar Unit 50
- Driving Directions: From Malabar Rd SE, head south on Emerson Dr SE for approx. 1.2 miles. Turn left on Raleigh Rd SE and continue 0.3 miles. Turn left on Ballon Ter SE. Home is immediately on the corner of Raleigh Rd SE and Ballon Ter SE.
- Direction Faces: South
School Information
- Elementary School: Columbia
- Middle School: Southwest
- High School: Bayside
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Central, Electric
- Water Heater: Electric
Utilities
- Sewer: Septic Tank
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Connected, Water Connected
Structural Information
- Architectural Style: Traditional
- Exterior Const.: Brick, Frame
- Roof: Shingle
- Stories/Levels: 1
- Square Feet: 2,112
- Living Area: 2,112 Sq. Ft.
- Current Bldg. Use: Residential, Single Family
- Year Built: 2002
- Property Condition: Updated/Remodeled
Lot Features
- Lot Size (Acres): 0.32
- Lot Size (Sq. Ft.): 13,939
- Frontage: City Street
- Street/Road Desc.: Asphalt
- Lot Features: Corner Lot, Few Trees
Financial Considerations
- Price Per Sq. Ft.: $227.27
- Tax Amount: $3,977.98
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Special Conditions: Probate Listing
- Property ID: 29-37-18-Jr-02724.0-0001.00
Listed by Dale Sorensen Real Estate Inc.
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Schools
Schools serving 602 Ballon Terrace SE
School District:Brevard County School District
| Name | Grades | Distance |
|---|---|---|
Columbia Elementary School, Palm Bay, FL 1225 Waco Boulevard Southeast, Palm Bay, FL 32909 | PK-6 | 1.4 mi |
Southwest Middle School, Palm Bay, FL 451 Eldron Boulevard Southeast, Palm Bay, FL 32909 | 7-8 | 2.3 mi |
Bayside High School 1901 Degroodt Road Southwest, Palm Bay, FL 32908 | 9-12 | 1.2 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 602 Ballon Terrace SE
Date
Details
Price
Change
Source
3/10/2026
Price Reduced
$480,000
-7.69%
MLS
2/26/2026
Listed
$520,000
135.29%
MLS
5/30/2017
Sold
$221,000
—
Public Record
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
Tax History for 602 Ballon Terrace SE
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,880
-2%
$261,510
3%
2024
$3,974
2%
$254,140
3%
2023
$3,889
1%
$246,740
6%
2021
$3,863
3%
$232,590
-3%
2022
$3,763
-3%
$239,560
4%
2021
$3,863
-2%
$229,380
4%
2018
$3,935
-2%
$220,050
-2%
2019
$4,030
31%
$224,230
30%
2017
$3,076
8%
$173,000
2%
2016
$2,836
-15%
$169,450
15%
2015
$3,351
137%
$146,940
46%
2014
$1,411
—
$100,810
2%
2013
$1,406
—
$99,320
—
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
Estimate the Cost for 602 Ballon Terrace SE
602 Ballon Terrace SE, Palm Bay, FL 32909 (MLS# 1070407) is a Single Family property with 3 bedrooms and 2 full bathrooms. 602 Ballon Terrace SE is currently listed for $480,000 and was received on February 26, 2026. Want to learn more about 602 Ballon Terrace SE? 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.

