tomo logo

$210,000

Beds
3
Baths
2.0
sq ft
1,180

1480 Malibu Cir NE Unit 111, Palm Bay, FL 32905

1480 Malibu Cir NE Unit 111

Palm Bay, FL 32905

  • <1 day on market
This charming 3-bed, 2-bath townhome comes with a rare 3.75% assumable loan—offering huge savings for savvy buyers. You could save $300+ per month compared to today's higher interest rates, making this a smart choice for budget-conscious homeowners. Inside, enjoy updated vinyl plank flooring, a sunny open layout, and a kitchen with newer stainless steel appliances. The primary bedroom is downstairs with its own full bath, while two guest rooms and a second bath are upstairs. A stackable washer/dryer is included. Community perks include a pool, internet, and cable (and more) as part of the monthly HOA. Peaceful setting with wooded views, close to shopping, schools, and parks.

Details

Property type

Townhouse

Est. home value

$222,390

Lot size

1,742.4 sq ft

Price per sq ft

$178

Year built

1985

Annual property taxes

$3,070

Monthly HOA fee

$355

Price History

04/04/2025
BrevardMLS

BrevardMLS #1042221

Listed
$210,000
-2.33%
03/12/2025
StellarMLS

StellarMLS #L4949927

Removed
$215,000
03/04/2025
StellarMLS

StellarMLS #L4949927

Price change
$215,000
-2.27%

Schools & Community

Elementary school: 

Riviera

Middle school: 

Stone

High school: 

Palm Bay

Negotiation Insights

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

Seller could get up to

$6,060
Asking price
$210,000
Closing costs (~8% of asking)
-$16,800
Est. remaining loan balance
-$187,140
Cash to seller
$6,060

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

The Mortgage Firm Inc

Loan start date

February 2022

Original loan amount

$199,485

Est. remaining balance

$187,140

Interest rate

3.45%

Loan type

VA, 30 year

Seller

Zachary Stormm Holak

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?

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Status: Active

Tomo last checked: 04/04/2025 at 10:45 PM

Listing updated: 04/04/2025 at 2:55 PM

Listed by: Nicholas Hall, EXP Realty LLC Phone #: (888) 883-8509

MLS: BrevardMLS #1042221

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