5145 Madras Drive Northwest

Off Market

5145 Madras Drive Northwest

Palm Bay FL 32907

2546 sq. ft.

5831 sq. ft.

Single-Family

Last sold for $398,720

Bill Maltbie, last sold this property on 22 September 2026 after 304 days on market.

Overview

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.

Features

3 bedrooms

3 bathrooms

2 carspaces

2 garage spaces

2546 sq. ft. floor area

5831 sq. ft. lot size

Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Palm Bay over the last 12 months, the estimated median property value of 5145 Madras Drive Northwest is $300k.

Median value

$300k

Estimated value range

$85k - $665k

Median days on market

Estimated value trend

-2%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Palm Bay. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 5145 Madras Drive Northwest

2026

Sold

$398,720

22 Sep 2026 by Bill Maltbie, of MALTBIE REALTY GROUP

Happy sellers in Palm Bay

88%

88% of sellers in Palm Bay reported that their sale price either exceeded or met their price expectations.

Palm Bay stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 31 reviews in Palm Bay over the last 12 months.

Local market activity for 3 bedroom single-family properties in Palm Bay

In the last 12 months, 568 three-bedroom single-family properties similar to 5145 Madras Drive Northwest, have been sold.

This represents a 16% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Palm Bay for a market analysis.

Randall Wouters

at Pinnacle Partners Group

(16 reviews)

Get a market analysis

Allison Castro

(115 reviews)

Get a market analysis

Vera Koon

at Waterman Real Estate Inc Melbourne

(57 reviews)

Get a market analysis

Erica Peterson

at Waterman Real Estate Inc.

(47 reviews)

Get a market analysis

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Palm Bay

Randall Wouters

Randall Wouters is a recommended agent for Palm Bay. They have 13 local sales and collected 7 local reviews across the last 12 months.

5 (16 reviews)
7 Reviews in Palm Bay
13 Sales in Palm Bay

View profile

Allison Castro

Sellers who recommend Allison Castro have praised them for being local expert, clear communication, responsive, supportive, dedicated, persistent, and attentive

5 (115 reviews)
6 Reviews in Palm Bay
6 Sales in Palm Bay

View profile

Vera Koon

Sellers who recommend Vera Koon have praised them for being local expert, clear communication, supportive, detail-oriented, responsive, reliable, and empathetic

5 (57 reviews)
3 Reviews in Palm Bay
8 Sales in Palm Bay

View profile

Erica Peterson

Sellers who recommend Erica Peterson have praised them for being local expert, clear communication, responsive, supportive, empathetic, friendly, and patient