Excellent opportunity to purchase a corner lot at a high traffic intersection in the heart of Malabar, FL! Subject property is estimated 2.49 acres and has an extremely flexible R/LC Future Land Use which will allow Office, Medical, Restaurant, Multi-Family, Single Family, Duplex & more!! Located approximately halfway between Interstate 95 & US1 this property is thought to be directly in the path of future development with the quickly increasing population in Malabar, Palm Bay & surrounding areas! Perfect for owner users OR to hold as an investment property!
Port Malabar Elementary School, Public District Grades KG-6
Other
Directions Information:
Directions: Starting on US1, drive west on Malabar Road. Subject Property will be located on your right side at the northwest corner of the Malabar Road & Corey Road intersection.
Price Information
Listing Price Info
Price Summary:
List Price: $295,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Malabar, FL.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,540
Per Month
Principal & Interest
$1,473
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$951
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
6
/10
Port Malabar Elementary School
301 Pioneer Ave NE
Distance between this listing and this school1.12 miles
Public District Grades KG-6
Middle School
2
/10
Stone Middle School
1101 E University Blvd
Distance between this listing and this school4.60 miles
Public Magnet Grades 7-8
High School
2
/10
Palm Bay High School
101 Pirate Ln
Distance between this listing and this school3.74 miles
Public Magnet Grades PK-12
Assigned Schools
6
/10
Port Malabar Elementary School
301 Pioneer Ave NE
Distance between this listing and this school1.12 miles
Public District Grades KG-6
Nearby Schools
3
/10
Palm Bay Elementary School
1200 Alamanda Rd NE
Distance between this listing and this school2.47 miles
Public District Grades PK-6
4
/10
Columbia Elementary School
1225 Waco Blvd SE
Distance between this listing and this school2.80 miles
Public District Grades PK-6
Assigned Schools
2
/10
Stone Middle School
1101 E University Blvd
Distance between this listing and this school4.60 miles
Public Magnet Grades 7-8
Nearby Schools
6
/10
Royal Palm Charter School
7145 Babcock St Ne
Distance between this listing and this school2.18 miles
Public Charter Grades KG-8
4
/10
Palm Bay Academy Charter School
2112 Palm Bay Rd NE
Distance between this listing and this school2.74 miles
Public Charter Grades KG-8
Assigned Schools
2
/10
Palm Bay High School
101 Pirate Ln
Distance between this listing and this school3.74 miles
Public Magnet Grades PK-12
Nearby Schools
3
/10
Bayside High School
1901 Degroodt Rd SW
Distance between this listing and this school5.27 miles
Public District Grades 9-12
5
/10
Melbourne High School
74 Bulldog Blvd
Distance between this listing and this school6.65 miles
The neighbors living near this home have an average income of $65,625. The majority of Malabar, FL residents have income between $35k-100k annually. The majority of families are married, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 0 Malabar Rd
What is the listing price of this property?
The listing price of 0 Malabar Rd property is $295,000.
What type of property is this?
The property 0 Malabar Rd is land located in Malabar, Florida, 32950.
Is this property for sale now?
Active Listing: 0 Malabar Rd is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 0 Malabar Rd are: Port Malabar Elementary School: GreatSchools Rating 6/10Stone Middle School: GreatSchools Rating 2/10Palm Bay High School: GreatSchools Rating 2/10
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 0 Malabar Rd in Malabar, FL and zip code 32950 in the Weber Woods neighborhood. This home sits on a 2.49 acre lot. It has been listed on Rocket Homes since January 18, 2021 and is currently priced at $295,000.
Malabar, FL housing market in March 2024 saw over 1 listings sold above listed price, more than 1 sold at listed price and over 3 sold below. The inventory of homes for sale in Malabar, FL between February 2024 and March 2024 decreased by 3.6%. The median list price of listings available in March 2024 was $565,000, while the average time on the real estate market was 12 days.
From Rocket Homes Real Estate and based on county public records data.
Copyright © 2024 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.
NASCAR
NASCAR
PGA/LPGA
Soccer
Dick's Sporting Goods
Stein Mart
Old Navy
Arbys
Bob Evans
Jimmy Johns
GMC
Lincoln
Buick
Adult Hits
News/Talk/Information
New Country