tomo logo

$599,000

Beds
1
Baths
1.0
sq ft
1,380

1035 Malabar Rd, Malabar, FL 32950

1035 Malabar Rd

Malabar, FL 32950

  • 20 days on market
The opportunity this property offers is endless! Zoned as Residential / Limited commercial, you could have a business in the front, house in the back of what equals to 9.68 ACRES!! Large, mature oak trees surrounding a partially cleared amount of the space. A great chance to start your own family compound as well. The 1 Bedroom 1 bathroom dwelling in the back of property that currently exists has septic, well and electricity already there. Featuring an outside patio area, fireplace, and sizable kitchen. Remodel the existing home to your liking or start from scratch, your choice. The home is not currently habitable however has a great layout for the right family. Seller is willing to split the parcels and sell only the front 5 Acres or the full 9.68.

Details

Property type

Single Family Residence

Est. home value

$639,555

Lot size

9.68 acres

Price per sq ft

$435

Year built

1981

Annual property taxes

$4,563.39

Price History

08/30/2024
BrevardMLS

BrevardMLS #1023563

Listed
$599,000
+2.39%
07/23/2024
BrevardMLS

BrevardMLS #1016470

Removed
$585,000
06/23/2024
BrevardMLS

BrevardMLS #1016470

Price change
$585,000
-2.34%

Schools & Community

Elementary school: 

Port Malabar

Middle school: 

Stone

High school: 

Palm Bay

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Mcbean Holdings Llc

Loan start date

February 2024

Original loan amount

$342,000

Est. remaining balance

Not provided

Interest rate

6.95%

Loan type

Not Provided

Seller

Heidi Kain

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Similar Homes Nearby

BrevardMLS
$549,000
3 bd
|
2 ba
|
1,400 sq ft
|
House

2240 Ivey Ln, Malabar, FL 32950

BrevardMLS
$524,000
3 bd
|
2.5 ba
|
2,410 sq ft
|
House

1260 Meadowbrook Rd NE, Palm Bay, FL 32905

BrevardMLS
$575,000
3 bd
|
3 ba
|
1,878 sq ft
|
House

2980 Lett Ln, Malabar, FL 32950

Status: Active

Tomo last checked: 09/19/2024 at 12:50 PM

Listing updated: 09/11/2024 at 4:10 PM

Listed by: Clinton Luke, Denovo Realty Phone #: (321) 237-1887

MLS: BrevardMLS #1023563

BrevardMLS logo

Recently listed in Malabar

$699,900|5 bd|4.0 ba|House
$995,000|4 bd|3.0 ba|House
$937,000|4 bd|3.0 ba|House
$1,499,000|7 bd|5.0 ba|House
$775,000|6 bd|3.0 ba|House
$575,000|3 bd|3.0 ba|House
$599,000|1 bd|1.0 ba|House
$715,000|3 bd|2.0 ba|House
$718,900|4 bd|2.0 ba|House
$599,900|3 bd|2.0 ba|House