Great Location on Malabar Road, close to US 1 and I95. 3 bedrooms, 2 baths, beautiful fireplace and new slate flooring. Zoned Residential Limited commercial. This property can be turned into a home based business, a duplex for income property or used as a single family residence and work from home. The potential tax benefits for a home based business is incredible! The idea being that the homeowner/small business owner can convert personal living expenses into deductible business expenses which will reduce the cost of owner ship. Many upgrades over the past two years including high impact windows and sliding glass doors, New water softener system, Natural Stone tile, new ceiling fans, New Daikin (air conditioning) home comfort systems, new reverse Osmosis system, Updated electrical system, new fencing, New septic system. Find, new kitchen cabinets, new washer, dryer and refrigerator. Multiple Office spaces with workshop. This is truly a unique property with endless options.
Property Details
Property Features
Property Information:
Architectural Style: Ranch
Year Built: 1957
Living Area: 2,280 SqFt
Listing Office:
Office Name: Brownfield R. E. Group. Inc.
Office Phone: (321) 220-0781
Listing Agent: Rebecca Jane Jennings
Interior Features
Interior Information:
Appliances: Dryer, Electric Water Heater, Freezer, Microwave, Refrigerator, Washer, Water Softener
Flooring Type: Terrazzo, Tile
Interior: Ceiling Fan(s), Kitchen Island, Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Primary Downstairs, Smart Thermostat, Split Bedrooms
Port Malabar Elementary School, Public District Grades KG-6
Other
Directions Information:
Directions: From I95, Use the Malabar Exit heading east towards US 1, traveling approximately 3 miles. Property is located on the North side of Malabar Road, on the corner of Blanche Street and Malabar Road.
Price Information
Listing Price Info
Price Summary:
List Price: $460,000
Price Per SqFt: $202/SqFt
Tax Information:
Annual Amount: $1,878
Tax Year: 2020
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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 school2.95 miles
Public District Grades KG-6
Middle School
2
/10
Stone Middle School
1101 E University Blvd
Distance between this listing and this school4.56 miles
Public Magnet Grades 7-8
High School
2
/10
Palm Bay High School
101 Pirate Ln
Distance between this listing and this school4.25 miles
Public Magnet Grades PK-12
Assigned Schools
6
/10
Port Malabar Elementary School
301 Pioneer Ave NE
Distance between this listing and this school2.95 miles
Public District Grades KG-6
Nearby Schools
3
/10
Palm Bay Elementary School
1200 Alamanda Rd NE
Distance between this listing and this school2.19 miles
Public District Grades PK-6
10
/10
Gemini Elementary School
2100 Oak St
Distance between this listing and this school3.77 miles
Public District Grades KG-6
Assigned Schools
2
/10
Stone Middle School
1101 E University Blvd
Distance between this listing and this school4.56 miles
Public Magnet Grades 7-8
Nearby Schools
4
/10
Palm Bay Academy Charter School
2112 Palm Bay Rd NE
Distance between this listing and this school3.27 miles
Public Charter Grades KG-8
6
/10
Royal Palm Charter School
7145 Babcock St Ne
Distance between this listing and this school3.85 miles
Public Charter Grades KG-8
Assigned Schools
2
/10
Palm Bay High School
101 Pirate Ln
Distance between this listing and this school4.25 miles
Public Magnet Grades PK-12
Nearby Schools
5
/10
Melbourne High School
74 Bulldog Blvd
Distance between this listing and this school6.80 miles
Public District Grades 9-12
3
/10
Bayside High School
1901 Degroodt Rd SW
Distance between this listing and this school7.20 miles
The neighbors living near this home have an average income of $65,625. The most common annual income of people living in Malabar, FL is between $35k-100k. The majority of families are married, no kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 2420 Malabar Rd
What is the listing price of this property?
The listing price of 2420 Malabar Rd property is $460,000.
What type of property is this?
The property 2420 Malabar Rd is a house located in Malabar, Florida, 32950.
Is this property for sale now?
Active Listing: 2420 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 2420 Malabar Rd are: Port Malabar Elementary School: GreatSchools Rating 6/10Stone Middle School: GreatSchools Rating 2/10Palm 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 $1,878 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on November 19, 2019 for $138,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 2420 Malabar Rd has 3 bedrooms and 2 bathrooms.
What is the square footage of this property?
The property 2420 Malabar Rd is 2,280 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 2420 Malabar Rd is 1957.
This home is located at 2420 Malabar Rd in Malabar, FL and zip code 32950. This 2,280 square foot home, which was built in 1957, sits on a 0.43 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 12, 2023 and is currently priced at $460,000.
In March 2024, from all listings sold in Malabar, FL there were more than 1 sold above asking price, over 3 sold below and more than 1 were sold right at the asked price. In March 2024 in Malabar, FL there were 3.6% less homes for sale than in February 2024. Listings spent 12 days on the market in March 2024, and had a median list price of $565,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.