Single Family Residence at 3155 MADRAS DR NW, PALM BAY
Single Family Residence at 3155 MADRAS DR NW, PALM BAY, photo 2 of 12
Single Family Residence at 3155 MADRAS DR NW, PALM BAY, photo 3 of 12
Single Family Residence at 3155 MADRAS DR NW, PALM BAY, photo 4 of 12
Single Family Residence at 3155 MADRAS DR NW, PALM BAY, photo 5 of 12
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Single Family Residence at 3155 MADRAS DR NW, PALM BAY, photo 12 of 12
12 photos

$401,990

3155 MADRAS DR NW
PALM BAY, FL 32907
Listed by Bill Maltbie · MALTBIE REALTY GROUP
Bedrooms
4
Bathrooms
3
Living area
2,753 sqft
Year built
2027

About this home

Pre-Construction. To be built. Welcome to the Heritage Bay! The Heritage Bay is a new two-story home design replacing the Hadley Bar, offering enhanced features for modern families. It features an open-concept first floor with high ceilings and ample natural light, a versatile first-floor bedroom, and a flex room. The second floor includes a loft and luxurious owner's suite. The home emphasizes indoor-outdoor living with a large patio, a gourmet kitchen, smart storage solutions, and family-friendly design elements. Two charming elevation options are available, with customizable exterior features. 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. 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.

Highlights

New construction

Property details

MLS
Stellar MLS
MLS #
MFRW7888274
Property type
Single Family Residence
Subdivision
MALABAR SPRINGS
Status
Active
Days on market
77
On market date
August 4, 2026
Stories
N/A
Total bathrooms
3
Garage spaces
2
Parking spaces
N/A
Lot size
0.14 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
DISCOVERY ELEMENTARY SCHOOL
2.65 mi away · Grades -1-6
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
615
Student:teacher ratio
15.8:1
District
BREVARD
Middle
SOUTHWEST MIDDLE SCHOOL
5.72 mi away · Grades 7-8
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
940
Student:teacher ratio
19.6:1
District
BREVARD
High
HERITAGE HIGH SCHOOL
0.59 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
1.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,991
Student:teacher ratio
22.4:1
District
BREVARD

Walkability

Blended score for PALM BAY's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

6
Very car-dependent
out of 100
EPA National Walkability Index
2.0 / 20 -- Least walkable
Google Places amenity density
0 / 100
Restaurants & cafes0
Grocery stores0
Parks0
Schools0
Transit stops0
Pharmacies0

Market position

How this listing compares to current activity in PALM BAY, from live MLS data.

On the market 77 days -- 186 fewer days than PALM BAY's current average of 263 days.
For reference, the median list price across 461 active listings in PALM BAY right now is $59,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$2,571/mo
$80,398 down
$321,592 loan
Principal & interest$2,086
Property tax (est.)$335
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated 3 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.