2 months on rocket

2480 Malabar Rd, Malabar, FL, 32950

$315,000

Home List Price

$3,741*

Closing Credit

2 Bedrooms
2 Full Baths
1,444 SqFt
$218/SqFt
House
Schools Nearby

Location

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2480 Malabar Rd, Malabar$315,000

Buyer Closing Credits

$3,741*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached, Guest
Garage1 space
Year Built1964
HeatingCentral, Heat Pump
CoolingCentral Air
MLS #1005300
Lot Size1.11 Acres
StatusActive

About 2480 Malabar Rd

Welcome to 2480 Malabar Road, a property brimming with potential in the charming town of Malabar, Florida. This home offers a cozy and comfortable living space with two bedrooms and two bathrooms, providing a perfect retreat for those seeking a peaceful lifestyle. As you approach the property, you'll notice the unique feature of a 536 square foot two-car garage that has been partially converted into additional living space. The concrete has been raised to the home's main level, maximizing the usable area and offering flexibility for customization. Situated on over an acre of land with frontage on Malabar Road, the property enjoys excellent visibility and accessibility. potential of this property is sure to catch your attention. The home features a covered patio in the back, perfect for enjoying the Florida sunshine or hosting outdoor gatherings. In addition to the converted garage, there is a detached garage and workshop, providing ample space for storage, hobbies, or projects. Several updates have been made throughout the property to enhance its functionality and efficiency. The air conditioning system was replaced in 2017, ensuring a comfortable indoor climate, while the 2021 tankless Rheem hot water heater offers convenience and energy savings. The water treatment system has also been replaced, ensuring the water quality meets your standards. The pantry has been converted into a large utility/laundry room, adding practicality and convenience to everyday chores. New exterior lighting has been installed in the patio and rear of the home, increasing safety and enhancing the aesthetic appeal. Additionally, new gutters and fascia have been added, providing protection from the elements. For those who prioritize sustainability, there are six rain barrels, allowing you to collect and utilize rainwater for irrigation. With no HOA restrictions, you have the freedom to personalize and make this property your own. While the home does require some tender loving care, it is priced accordingly, presenting an excellent opportunity for the discerning buyer who is not afraid to roll up their sleeves and bring their vision to life. In summary, 2480 Malabar Road offers an expansive lot with commercial potential, a partially converted garage for additional living space, and a host of updates that add value and convenience. This property presents endless possibilities and the chance to create a space tailored to your unique needs and aspirations. Don't miss out on this rare opportunity in Malabar, Florida!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1964
  • Stories: 1
  • Living Area: 1,444 SqFt

Listing Office:

  • Office Name: EXP Realty LLC
  • Office Phone: (888) 883-8509
  • Listing Agent: Crystal Canina

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Oven, Microwave, Refrigerator
  • Flooring Type: Concrete, Terrazzo

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Detached, Guest

Virtual/3D Tour

  • Virtual Tour: 2480 Malabar Rd

Virtual Tour

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 1.11 Acres

Utilities

Utilities Information:

  • Heating: Central, Heat Pump
  • Cooling: Central Air

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: Route 1 to West on Malabar Road. Property is located on the north side next to the nursery.

Price Information

Listing Price Info

Price Summary:

  • List Price: $315,000
  • Price Per SqFt: $218/SqFt

Tax Information:

  • Annual Amount: $1,148
  • 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

2480 Malabar Rd vs Malabar

65 DAYS ON ROCKET

+53 Days

$315,000

-$250K Less

$218/SqFt

-$43 Less

KEY TAKEAWAY

This property is $250K less than the Median Sold Price and $43/SqFt less 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: #1005300

Listing Office:

  • Office Name: EXP Realty LLC
  • Office Phone: (888) 883-8509
  • Listing Agent: Crystal Canina

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: 4/25/2024, 4:20:24 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

Jul 23, 2021Home Sold
$300,000
Sep 20, 2002Home Sold
$118,800

Tax History

YEARPROP. TAXASSESSMENT
2020$1,148$112,100
2019$1,111$109,580
2018$1,114$107,540
2017$1,114$105,330

History based on county public records data.

Payment Calculator

$1,640

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,011

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-100882
6
/10
  • Port Malabar Elementary School

  • 301 Pioneer Ave NE

  • 3.05 miles

  • Public District Grades KG-6

Middle School

school-card-donut-100883
2
/10
  • Stone Middle School

  • 1101 E University Blvd

  • 4.56 miles

  • Public Magnet Grades 7-8

High School

school-card-donut-100884
2
/10
  • Palm Bay High School

  • 101 Pirate Ln

  • 4.29 miles

  • Public Magnet Grades PK-12

Neighborhood

What Are The Neighbors Like?

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. 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 2480 Malabar Rd

What is the listing price of this property?

The listing price of 2480 Malabar Rd property is $315,000.

What type of property is this?

The property 2480 Malabar Rd is a house located in Malabar, Florida, 32950.

Is this property for sale now?

Active Listing: 2480 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 2480 Malabar Rd 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 $1,148 (source: MLS/based on county public records data).

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

The last sale was on July 23, 2021 for $300,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 2480 Malabar Rd has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 2480 Malabar Rd is 1,444 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2480 Malabar Rd is 1964.

Rocket HomesFloridaBrevard CountyMalabar329502480 Malabar Rd

This home is located at 2480 Malabar Rd in Malabar, FL and zip code 32950. This 1,444 square foot home, which was built in 1964, sits on a 1.11 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 20, 2024 and is currently priced at $315,000.

In March 2024 more than 1 listings in Malabar, FL were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 3 were sold below. In March 2024 in Malabar, FL there were 3.6% less homes for sale than in February 2024. While the average time on the market in March 2024 was 12 days, the median list price was $565,000.

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

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