2 months on rocket

1280 S US Highway 1, Malabar, FL, 32950

$1,500,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
2 Full Baths, 1 Partial
3,398 SqFt
$441/SqFt
House
Schools Nearby

Location

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1280 S US Highway 1, Malabar$1,500,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingParking Lot
Year Built1948
HeatingElectric
CoolingCentral Air, Electric
WaterfrontRiver Front
ViewRiver
MLS #1006020
Lot Size0.61 Acres
StatusActive

About 1280 S US Highway 1

Riverfront home waiting for you. So much is possible with almost 4000 SF and 97 ft. of river frontage. Bring your imagination and turn this place into your home.

Property Details

Property Features

Property Information:

  • Year Built: 1948
  • Stories: 1
  • Living Area: 3,398 SqFt

Listing Office:

  • Office Name: RE/MAX Alternative Realty
  • Office Phone: (321) 777-4111
  • Listing Agent: Kevin Hill

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: River Front
  • View: River

Parking Information:

  • Attached Garage: No
  • Parking: Parking Lot

Virtual/3D Tour

  • Virtual Tour: 1280 S US Highway 1

Virtual Tour

Lot Features

Lot Information:

  • Lot: Other
  • Lot Size: 0.61 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Central Air, Electric

School Info

Assigned Schools Information:

  • Palm Bay High School, Public Magnet Grades PK-12
  • Stone Middle School, Public Magnet Grades 7-8
  • Port Malabar Elementary School, Public District Grades KG-6

Other

Directions Information:

  • Directions: US 1 just north of Malabar rd.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,500,000
  • Price Per SqFt: $441/SqFt

Tax Information:

  • Annual Amount: $4,711
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Malabar, FL.

Med. Sold Price

$565K

Med. Price/SqFt

$260

Avg. Days On Market

12

# of Sold Homes

5

1280 S US Highway 1 vs Malabar

61 DAYS ON ROCKET

+49 Days

$1,500,000

+$935K More

$441/SqFt

+$180 More

KEY TAKEAWAY

This property is $935K more than the Median Sold Price and $180/SqFt more than other homes in Malabar, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Space Coast MLS (Space Coast Association of REALTORS®)
  • MLS Number: #1006020

Listing Office:

  • Office Name: RE/MAX Alternative Realty
  • Office Phone: (321) 777-4111
  • Listing Agent: Kevin Hill

IDX 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 6:20:22 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 09, 2018Home Sold
$350,000
Dec 06, 2002Home Sold
$120,000
Jun 26, 2001Home Sold
$90,000
Jun 17, 1998Home Sold
$66,000

Tax History

YEARPROP. TAXASSESSMENT
2020$4,711$306,470
2019$2,364$294,120
2018$2,735$176,790
2017$2,735$196,520

History based on county public records data.

Payment Calculator

$7,554

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,564

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

school-card-donut-1518139
6
/10
  • Port Malabar Elementary School

  • 301 Pioneer Ave NE

  • 3.40 miles

  • Public District Grades KG-6

Middle School

school-card-donut-1518140
2
/10
  • Stone Middle School

  • 1101 E University Blvd

  • 4.53 miles

  • Public Magnet Grades 7-8

High School

school-card-donut-1518141
2
/10
  • Palm Bay High School

  • 101 Pirate Ln

  • 4.38 miles

  • Public Magnet Grades PK-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $89,615. Most Malabar, FL residents have annual incomes between $35k-100k. Typical family type is 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 1280 S US Highway 1

What is the listing price of this property?

The listing price of 1280 S US Highway 1 property is $1,500,000.

What type of property is this?

The property 1280 S US Highway 1 is a house located in Malabar, Florida, 32950.

Is this property for sale now?

Active Listing: 1280 S US Highway 1 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1280 S US Highway 1 are:
Port Malabar Elementary School: GreatSchools Rating 6/10
Stone Middle School: GreatSchools Rating 2/10
Palm Bay High School: GreatSchools Rating 2/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $4,711 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on October 9, 2018 for $350,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1280 S US Highway 1 has 4 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 1280 S US Highway 1 is 3,398 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1280 S US Highway 1 is 1948.

Rocket HomesFloridaBrevard CountyMalabar329501280 S US Highway 1

This home is located at 1280 S US Highway 1 in Malabar, FL and zip code 32950. This 3,398 square foot home, which was built in 1948, sits on a 0.61 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 26, 2024 and is currently priced at $1,500,000.

Over 1 listings were sold over their listed price in March 2024 in Malabar, FL. In the same period over 3 listings were sold below the listed price and 1 listings were sold for the listed price. The inventory of homes for sale in Malabar, FL between February 2024 and March 2024 decreased by 3.6%. In March 2024, listings were on the market for 12 days. During the same period, the median list price in this real estate market was $565,000.

From Rocket Homes Real Estate and based on county public records data.

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