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2480 Malabar Road, Malabar, FL 32950
$315,000 Sale Pending
2480 Malabar Road, Malabar, FL 32950View this property at 2480 Malabar Road, Malabar, FL 32950
2480 Malabar RoadMalabarFL32950
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Property Description
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!
Full Property Details
Full Property Details for 2480 Malabar Rd
General
- Price: $315,000
- Taxes: $3,884 (2022)
- Status: Pending
- Type: Single Family
- MLS ID: 1005300
- Updated: 4/26/2024
- Added to Site: 76 day(s) ago
Interior
- Appliances: Dishwasher, Electric Oven, Microwave, Refrigerator
- Furnishings: Unfurnished
- Flooring: Concrete, Terrazzo
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: In Unit, Lower Level
Exterior
- Porch/Patio/Deck: Covered
Parking
- Garage: Yes
- Garage Spaces: 1
- Parking Features: Detached, Guest
Location
- Area: 342 - Malabar/Grant-Valkaria
- County: Brevard
- Subdivision: Snedekers Subd of Malabar
- Driving Directions: Route 1 to West on Malabar Road. Property is located on the north side next to the nursery.
- Direction Faces: Southwest
School Information
- Elementary School: Port Malabar
- Middle School: Stone
- High School: Palm Bay
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central, Heat Pump
Utilities
- Sewer: Septic Tank
- Water: Well
- Well: Yes
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Connected, Water Available, Propane
Structural Information
- Architectural Style: Ranch
- Exterior Const.: Block, Stucco
- Roof: Shingle
- Stories/Levels: 1
- Square Feet: 1,444
- Living Area: 1,444 Sq. Ft.
- Current Bldg. Use: Commercial, Residential, Single Family, Other
- Year Built: 1964
- Property Condition: Fixer, Under Construction
Additional Structures
- Other Structures: Workshop
Lot Features
- Lot Size (Acres): 1.11
- Lot Size (Sq. Ft.): 48,352
- Frontage: City Street
- Street/Road Desc.: Asphalt
- Lot Features: Corner Lot
- Fencing (Description): Back Yard, Chain Link
Financial Considerations
- Price Per Sq. Ft.: $218.14
- Tax Amount: $3,884.43
- Tax Year: 2022
- Terms: Cash, Other
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Special Conditions: Owner Licensed RE
- Legal Description: SNEDEKERS SUBD OF MALABAR LOTS 1, 2, 41 TO 45 BLK 3
- Property ID: 28-38-31-54-00003.0-0001.00
Listed by EXP Realty LLC
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Schools
Schools serving 2480 Malabar Rd
School District:Brevard Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
301 Pioneer Ave Ne, Palm Bay, FL 32907 | PK-6 | 3 mi | |
1101 E University Blvd, Melbourne, FL 32901 | 7-8 | 4.7 mi | |
101 Pirate Ln, Melbourne, FL 32901 | 9-12 | 4.4 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2480 Malabar Rd
Date
Details
Price
Change
Source
2/13/2024
Listed
$315,000
5%
MLS
7/22/2021
Sold
$300,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2480 Malabar Rd
Year
Property Taxes
Change
Tax Assessment
Change
2023
$3,797
228%
$273,320
140%
2021
$1,156
-70%
$113,660
-61%
2022
$3,884
236%
$288,950
158%
2021
$1,156
3%
$112,100
2%
2019
$1,120
1%
$109,580
2%
2018
$1,111
—
$107,540
2%
2017
$1,114
1%
$105,330
2%
2016
$1,107
-2%
$103,170
1%
2015
$1,134
—
$102,460
1%
2014
$1,130
—
$101,650
1%
2013
$1,130
—
$100,150
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2480 Malabar Rd
2480 Malabar Road, Malabar, FL 32950 (MLS# 1005300) is a Single Family property with 2 bedrooms and 2 full bathrooms. 2480 Malabar Road is currently listed for $315,000 and was received on February 13, 2024. Want to learn more about 2480 Malabar Road? Do you have questions about finding other Single Family real estate for sale in Malabar? You can browse all Malabar real estate or contact a Coldwell Banker agent to request more information.