Property
ActiveResidential
1/2
$359,990

5154 MADRAS DRIVE

Palm Bay, FL 32907
5
Beds
3
Baths
2,520
SqFt
0.11
Acres
STELLAR
#W7880721
Updated: Jan 8, 2026, 4:53pm

Property Description

Pre-Construction. To be built. 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 2520 square foot Marina featuring 5 bedrooms and 3 full bathrooms, tray ceiling in the owner's bedroom, spa-like bathroom, oversized kitchen island, walk-in pantry offering granite in the kitchen counters, quartz in the bathroom vanities, 20" ceramic tile in the wet areas and great room, and much much more. You can also design and customize your home with options and select your homesite location. Come live the dream at 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.
Included Appliances
DishwasherDisposalElectric Water HeaterMicrowaveRange

Property Details

Interior
Additional Rooms
Inside UtilityLoft
Appliances
DishwasherDisposalElectric Water HeaterMicrowaveRange
Bathrooms Total Decimal
3
Building Area Total
2965
Cooling
Central Air
Flooring
CarpetCeramic TileConcrete
Furnished
Unfurnished
Green Energy Efficient
AppliancesHVACLightingThermostatWindows
Green Indoor Air Quality
HVAC Filter MERV 8+No/Low VOC FlooringNo/Low VOC Paint/FinishVentilation
Heating
Central
Interior Features
Eating Space In KitchenKitchen/Family Room ComboPrimaryBedroom UpstairsStone CountersThermostatWalk-In Closet(s)
Laundry Features
InsideUpper Level
Living Area
2520
Rooms Total
10
Security Features
Smoke Detector(s)
Window Features
ENERGY STAR Qualified Windows
Construction
Builder License Number
CBC1257565
Builder Model
MARINA
Builder Name
RYAN HOMES
Building Area Source
Builder
Building Area Units
Square Feet
Construction Materials
BlockStuccoWood Frame
Direction Faces
North
Foundation Details
Slab
Levels
Two
Living Area Source
Builder
Living Area Units
Square Feet
New Construction
Yes
Property Condition
Pre-Construction
Roof
Shingle
Year Built
2026
Site & Exterior
Covered Spaces
2
Exterior Features
French DoorsHurricane ShuttersIrrigation System
Flood Zone Code
X
Garage Dimensions
20x22
Garage Spaces
2
Green Water Conservation
Drip Irrigation
I D X Participation
Yes
Lot Features
Sidewalk
Lot Size Acres
0.11
Lot Size Area
4906
Lot Size Dimensions
40 x 120
Lot Size Square Feet
4906
Lot Size Units
Square Feet
Open Parking
Yes
Parking Features
DrivewayGarage Door Opener
Patio And Porch Features
Patio
Pool Features
Child Safety FenceGuniteIn GroundOther
Public Survey Range
36
Public Survey Section
32
Road Frontage Type
Street Paved
Road Surface Type
Paved
Sewer
Public Sewer
Total Acreage
0 to less than 1/4
Utilities
BB/HS Internet AvailableCable Available
Water Source
Public
Zoning
00
Financials
Association Fee
20
Association Fee Frequency
Monthly
Association Fee Includes
Recreational Facilities
Calculated List Price By Calculated Sq Ft
142.85
Contract Status Change Date
2025-11-13
Current Price
359990
Feed Types
BBO
Home Warranty
Yes
Lease Considered
Yes
Minimum Lease
7 Months
Monthly H O A Amount
20
Owner Name
RYAN HOMES
Owner Phone
786-687-2008
Ownership
Fee Simple
Parcel Number
28363225C10
Public Survey Township
28
Tax Block
C
Tax Book Number
77/04
Tax Legal Description
MALABAR SPRINGS PHASE 1 LOT 10 BLK C
Tax Lot
10
Tax Other Annual Assessment Amount
1872
Tax Year
2026
Total Annual Fees
240
Total Monthly Fees
20

Neighborhood & Lifestyle

Community & Association
Additional Lease Restrictions
No short term lease.
Association Amenities
ParkPlayground
Association Fee Requirement
Required
Association Name
RYAN HOMES
Community Features
Association Recreation - OwnedParkPlaygroundPool
Lease Restrictions
Yes
M L S Area Major
32907 - Palm Bay/Melbourne
Number Of Pets
3
Pet Restrictions
Leash Law
Pets Allowed
Number Limit
Subdivision Name
MALABAR SPRINGS
Listing provided courtesy of STELLAR via IDX. Updated: Jan 8, 2026, 4:53pm.
Bill Maltbie

Listing Agent

MALTBIE REALTY GROUP

Call Agent