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$165,000
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Property Description
Investor Special! Nestled in a quiet, established neighborhood with mature landscaping, this 3-bedroom, 2-bath home offers great potential for the savvy investor or renovator. The split floor plan provides a functional layout, and the convenient location puts you just minutes from shopping, dining, and easy access to I-95. The former one-car garage has been converted into an additional bedroom and could be converted back if desired. Cash buyers only. Utilities are currently off, with no electric or water service available for inspections. Drive-by viewings are welcome, but an appointment is required for interior access. Bring your vision and transform this fixer-upper into something special! Roof 2011, AC 2005, Water Heater 2005.
Full Property Details
Full Property Details for 534 Rheine Rd NW
General
- Price: $165,000
- Taxes: $3,203 (2025)
- Status: Active
- Type: Single Family
- Source: BrevardCounty
- MLS ID: 1088777
- Updated: 10/3/2026
- Added to Site: 9 day(s) ago
Interior
- Furnishings: Unfurnished
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Washer Hookup
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Parking Features: Attached, Garage, Other
Location
- Area: 344 - NW Palm Bay
- County: Brevard
- Subdivision: Port Malabar Unit 48
- Driving Directions: 95 South to Miami to Palm Bay Rd Exit 176 turn right, to Minton Rd NW, turn left to Emerson Dr, turn right to Ulm Rd turn left to Nienburg Ave to left to Rheine rd turn right
- Direction Faces: North
School Information
- Elementary School: Lockmar
- Middle School: Central
- High School: Heritage
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Septic Tank
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Available, Water Available
Structural Information
- Exterior Const.: Frame, Stucco
- Roof: Shingle
- Stories/Levels: 1
- Square Feet: 1,130
- Living Area: 1,130 Sq. Ft.
- Current Bldg. Use: Single Family
- Year Built: 1986
- Property Condition: Fixer
Lot Features
- Property View: Other
- Lot Size (Acres): 0.23
- Lot Size (Sq. Ft.): 10,019
- Street/Road Desc.: Asphalt, Paved
- Lot Features: Other
Financial Considerations
- Price Per Sq. Ft.: $146.02
- Tax Amount: $3,203.77
- Tax Year: 2025
- Terms: Cash
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 28-36-24-kr-02487.0-0033.00
Listed by Realty World Curri Properties
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Schools
Schools serving 534 Rheine Rd NW
School District:Brevard County School District
| Name | Grades | Distance |
|---|---|---|
Lockmar Elementary School 525 Pepper Street Northeast, Palm Bay, FL 32907 | PK-6 | 1.6 mi |
Central Middle School 2600 Wingate Boulevard, West Melbourne, FL 32904 | 7-8 | 2.7 mi |
Heritage High School 2351 Malabar Road Northwest, Palm Bay, FL 32907 | 9-12 | 3.9 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 534 Rheine Rd NW
Date
Details
Price
Change
Source
10/03/2026
Listed
$165,000
179.66%
MLS
4/27/2001
Sold
$59,000
—
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 534 Rheine Rd NW
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,204
3%
$183,720
7%
2025
$3,106
102%
$171,920
37%
2024
$1,539
3%
$125,760
3%
2023
$1,493
5%
$122,100
3%
2022
$1,417
-2%
$118,550
3%
2021
$1,442
-5%
$115,100
21%
2021
$1,524
-11%
$94,800
14%
2018
$1,705
-9%
$82,820
12%
2019
$1,865
16%
$73,700
2%
2017
$1,612
19%
$72,510
9%
2016
$1,354
10%
$66,540
32%
2015
$1,234
9%
$50,350
10%
2014
$1,135
9%
$45,780
10%
2013
$1,038
—
$41,620
—
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 534 Rheine Rd NW
534 Rheine Road NW, Palm Bay, FL 32907 (MLS# 1088777) is a Single Family property with 3 bedrooms and 2 full bathrooms. 534 Rheine Road NW is currently listed for $165,000 and was received on September 29, 2026. Want to learn more about 534 Rheine Road NW? Do you have questions about finding other Single Family 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.

