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$164,900
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Property Description
Waterfront townhouse ready for its new owner in the highly desirable Malibu Villas! This stunning corner-unit townhouse features a split-bedroom floor plan with 2 bedrooms, 2 full bathrooms, and a spacious living area with vaulted ceilings that create an open and airy feel. The kitchen offers plenty of cabinet and counter space, white shaker cabinets, stylish backsplash, and a sliding glass door leading to the front porch, perfect for enjoying your morning coffee. Indoor washer and dryer are included for added convenience. Primary bedroom has a west facing window to capture sunsets and view the pond. Enjoy a private courtyard with storage closet, while the rear porch entrance leads directly toward the lake, creating a peaceful waterfront setting. Home also features two separate entrances for added accessibility. Property is not currently homesteaded, offering potential tax savings for buyers who make it their primary residence. Transferable home warranty included! VIEW TODAY!
Full Property Details
Full Property Details for 1485 Malibu Cir NE #112
General
- Price: $164,900
- HOA FEE: $355/month
- Taxes: $2,872 (2025)
- Status: Active
- Type: Townhouse
- Source: BrevardCounty
- MLS ID: 1072904
- Updated: 5/9/2026
- Added to Site: 62 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), Open Floorplan, Primary Bathroom - Tub with Shower, Split Bedrooms
- Appliances: Dishwasher, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
- Furnishings: Partially
- Flooring: Laminate
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: In Unit
Additional Information
- Shared Amenities: Pool
Exterior
- Porch/Patio/Deck: Front Porch, Porch
Parking
- Parking Features: Parking Lot
Location
- Area: 340 - NE Palm Bay
- County: Brevard
- Subdivision: Port Malabar Country Club Unit 7 Pt of Second Repl
- Driving Directions: On Malibu Circle home is on the West side of the road by the lake.
- Direction Faces: West
School Information
- Middle School: Stone
- High School: Palm Bay
Community
- Community Features: Pool
- Association: Yes
- Assoc. Name: MALIBU VILLAS PROPERTY OWNERS ASSOCIATION, INC.
- Assoc. Fees Include: Cable TV, Internet, Maintenance Grounds
- Pets Allowed: Yes
- Pet Restrictions: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Connected, Sewer Connected, Water Connected
Structural Information
- Exterior Const.: Frame, Stucco
- Stories/Levels: 1
- Square Feet: 836
- Living Area: 836 Sq. Ft.
- Current Bldg. Use: Residential
- Year Built: 1985
Lot Features
- Property View: Pond
- Lot Size (Acres): 0.07
- Lot Size (Sq. Ft.): 3,049
- Street/Road Desc.: Paved
- Lot Features: Corner Lot
Water Features
- Water Front: Yes
Financial Considerations
- Price Per Sq. Ft.: $197.25
- Association Fee: Yes
- Association Fee: $355
- Assoc Fee Freq.: Monthly
- Tax Amount: $2,872.04
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 28-37-20-76-00121.0-0007.00
Listed by Lokation Real Estate
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Schools
Schools serving 1485 Malibu Cir NE #112
School District:Brevard County School District
| Name | Grades | Distance |
|---|---|---|
Riviera Elementary School 351 Riviera Drive Northeast, Palm Bay, FL 32905 | PK-6 | 0.2 mi |
Palm Bay Magnet Senior High School 101 Pirate Lane, Melbourne, FL 32901 | 9-12 | 1.9 mi |
Stone Magnet Middle School 1101 East University Boulevard, Melbourne, FL 32901 | 7-8 | 3.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1485 Malibu Cir NE #112
Date
Details
Price
Change
Source
5/08/2026
Price Reduced
$164,900
-2.94%
MLS
4/27/2026
Price Reduced
$169,900
-1.74%
MLS
4/11/2026
Price Reduced
$172,900
-3.89%
MLS
3/25/2026
Listed
$179,900
8.37%
MLS
12/07/2021
Sold
$166,000
—
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 1485 Malibu Cir NE #112
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,756
4%
$153,560
4%
2024
$2,661
4%
$147,840
-2%
2023
$2,554
14%
$150,120
25%
2022
$2,237
218%
$119,820
68%
2021
$704
—
$71,260
1%
2021
$704
-14%
$70,280
2%
2019
$814
20%
$68,700
10%
2018
$680
-3%
$62,510
2%
2017
$698
-41%
$61,230
20%
2016
$1,182
412%
$51,030
60%
2015
$231
1%
$31,930
1%
2014
$228
4%
$31,680
1%
2013
$220
—
$31,220
—
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 1485 Malibu Cir NE #112
1485 Malibu Circle NE #112, Palm Bay, FL 32905 (MLS# 1072904) is a Townhouse property with 2 bedrooms and 2 full bathrooms. 1485 Malibu Circle NE #112 is currently listed for $164,900 and was received on March 25, 2026. Want to learn more about 1485 Malibu Circle NE #112? Do you have questions about finding other Townhouse real estate for sale in Palm Bay? You can browse all Palm Bay real estate or contact a Coldwell Banker agent to request more information.

