$560,000
Malabar, FL 32950
MLS# 1023563
Status: Closed
1 beds | 1 baths
1 / 32
Property Description
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
Maps
Location, Tax, and Legal
Tax Account: 2922490
Parcel Number: 29-37-02-00-00254.0-0000.00
General County Location: South
Elementary School: Port Malabar
Middle School: Stone
High School: Palm Bay
Tax Annual Amount: 4563.39
Tax Year: 2022
Tax Legal Description: W 1/2 LOT 27 EX RD R/W
Directions: From Malabar Rd Heading East, 1035 Malabar on right hand side.
General Property Information
Bathrooms Half: 0
Living Area: 1380
Living Area Source: Public Records
Lot Size Acres: 9.68
Lot Size Square Feet: 421661
Accessibility Features YN: No
Association YN: No
New Construction YN: No
Garage YN: No
Carport YN: No
Waterfront YN: No
Senior Community YN: No
CDD Fee YN: No
Community Fee(s) YN: No
Water Body Access YN: No
Furnished: Unfurnished
Stories: 1
Direction Faces: South
Pool Private YN: No
List Price/SqFt: 434.06
Sold Price/SqFt: 405.8
Bedrooms Total: 1
Bathrooms Total: 1
Bathrooms Full: 1
Year Built: 1981
Remarks and Miscellaneous
Public Remarks: 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.
Closing Company Details
Closing Company Name: Supreme Title
Construction Materials
Frame: 1
Wood Siding: 1
Cooling
Central Air: 1
Current Use
Commercial: 1
Mixed Use: 1
Residential: 1
Single Family: 1
DPR Eligible
DPR Eligible: Yes
Heating
Central: 1
Legal Details
Permission Granted to Advertise: Yes
Listing Terms
Cash: 1
Conventional: 1
Lot Features
Many Trees: 1
Split Possible: 1
Wetlands: 1
Wooded: 1
Parking Features
Unassigned: 1
Patio And Porch Features
Patio: 1
Pool Features
None: 1
Possession
Close Of Escrow: 1
Road Surface Type
Dirt: 1
Sewer
Septic Tank: 1
Special Listing Conditions
Standard: 1
Utilities
Electricity Connected: 1
View
Trees/Woods: 1
Water Source
Well: 1
Contract Information
Current Price: $560,000
Original List Price: 599000
Sold Price: $560,000
Status: Closed
Listing Contract Date: 2024-08-28
Property Sub Type: Single Family Residence
Location Tax and Legal
Street Number: 1035
Street Name: Malabar
Street Suffix: Road
County: Brevard
State: FL
Postal Code: 32950
MLS Area Major: 342 - Malabar/Grant-Valkaria
Subdivision Name: None
Status Change Information
Major Change Timestamp: 2024-09-30T20:39:35Z
Major Change Type: Status Change
Status Change Timestamp: 2024-09-30
Purchase Contract Date: 2024-09-27
Close Date: 2024-09-30
Close Price: 560000
Property Features
Construction Materials: Frame; Wood Siding
Cooling: Central Air
Current Use: Commercial; Mixed Use; Residential; Single Family
Heating: Central
Listing Terms: Cash; Conventional
Lot Features: Many Trees; Split Possible; Wetlands; Wooded
Parking Features: Unassigned
Patio And Porch Features: Patio
Pool Features: None
Possession: Close Of Escrow
Road Surface Type: Dirt
Sewer: Septic Tank
Special Listing Conditions: Standard
Utilities: Electricity Connected
View: Trees/Woods
Water Source: Well
Listing Office: Denovo Realty
Last Updated: April - 24 - 2026
Information is deemed to be reliable, but is not guaranteed.