4 months on rocket

1425 Malibu Cir NE Unit 108, Palm Bay, FL, 32905

$250,000

Home List Price

$2,969*

Closing Credit

3 Bedrooms
2 Full Baths
1,180 SqFt
$212/SqFt
Townhouse

Location

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1425 Malibu Cir NE Unit 108, Palm Bay$250,000

Buyer Closing Credits

$2,969*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingAssigned, Guest
Year Built1985
HeatingCentral
CoolingCentral Air
ViewLake
MLS #1018725
Lot Size0.04 Acres
StatusActive

About 1425 Malibu Cir NE Unit 108

NEW ROOF 2024. New Exterior Paint to be completed by end of summer. Discover the potential of this charming 3 bedroom 2 bath townhome perfectly situated with lakefront views. This property is a fantastic investment opportunity or for those looking to start their homeownership journey. Malibu Villas is a beautifully maintained community with sidewalks throughout, clubhouse, and community pool. Close to I-95, Hammock Landing, US1 and the beaches!

Property Details

Property Features

Property Information:

  • Year Built: 1985
  • Stories: 2
  • Living Area: 1,180 SqFt

Listing Office:

  • Office Name: Waterman Real Estate, Inc.
  • Office Phone: (321) 215-2100
  • Listing Agent: Elaine Borkowski, Jesse Burlew

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Electric Oven, Electric Range, Microwave, Refrigerator, Washer
  • Flooring Type: Carpet, Tile

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: Lake

Parking Information:

  • Attached Garage: No
  • Parking: Assigned, Guest

Virtual/3D Tour

  • Virtual Tour: 1425 Malibu Cir NE Unit 108
Virtual Tour

Lot Features

Lot Information:

  • Lot: Other
  • Lot Size: 0.04 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: I-95 to Palm Bay Road. East to Riviera then turn left into Malibu Villas on left. Turn right onto Malibu Circle. Follow down to building 1425. Access unit 108 from lake side.

Price Information

Listing Price Info

Price Summary:

  • List Price: $250,000
  • Price Per SqFt: $212/SqFt

HOA Fees:

  • Amount: $355
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Palm Bay, FL.

Med. Sold Price

$330K

Med. Price/SqFt

$193

Avg. Days On Market

64

# of Sold Homes

190

1425 Malibu Cir NE Unit 108 vs Palm Bay

139 DAYS ON ROCKET

+75 Days

$250,000

-$80K Less

$212/SqFt

+$19 More

KEY TAKEAWAY

This property is $80K less than the Median Sold Price and $19/SqFt more than other homes in Palm Bay, 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: #1018725

Listing Office:

  • Office Name: Waterman Real Estate, Inc.
  • Office Phone: (321) 215-2100
  • Listing Agent: Elaine Borkowski, Jesse Burlew

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: 11/21/2024, 11:20:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,670

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$816

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.

Nearby Schools

school-card-donut-268922
5
/10
  • Riviera Elementary School

  • 351 Riviera Dr NE

  • 0.23 miles

  • Public District Grades PK-6

school-card-donut-268923
4
/10
  • Imagine Schools at West Melbourne

  • 3355 Imagine Way

  • 0.79 miles

  • Public Charter Grades KG-6

school-card-donut-268924
6
/10
  • Lockmar Elementary School

  • 525 Pepper St NE

  • 0.97 miles

  • Public District Grades PK-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,936. Residents of Palm Bay, FL typically earn between $35k-100k each year. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Living In Palm Bay, FL

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Palm Bay, FL?

Palm Bay's housing market is diverse, offering a range of options from single-family homes to multi-family units. The architectural styles vary, with a noticeable presence of contemporary and ranch-style homes. The area has seen growth with new developments complementing the existing housing stock, which includes homes built from the 1970s onwards. The homeownership rate in Palm Bay is robust, reflecting a community invested in property ownership and stability.

Is Palm Bay, FL a good place to live?

Palm Bay is celebrated for its laid-back coastal lifestyle and natural beauty, with numerous parks and outdoor recreational opportunities. The community prides itself on a family-friendly atmosphere, with events like the Palm Bay Fair that highlight local culture and bring residents together. The city's character is further defined by its proximity to the Indian River Lagoon, appealing to those who appreciate water activities and conservation efforts.

Are things conveniently located in Palm Bay, FL?

The city of Palm Bay is served by a network of public schools, including elementary, middle, and high schools, as well as private educational institutions that cater to a range of learning preferences. Healthcare services are accessible, with facilities offering urgent care, primary care, and specialized medical services. The public library system supports lifelong learning and community engagement. Retail and dining options in Palm Bay reflect the local culture, with a mix of familiar chains and unique local establishments.

What does the transportation in Palm Bay, FL look like?

Transportation in Palm Bay includes a public bus system with established routes that connect key areas of the city. Ride-sharing services are available, providing additional options for residents and visitors. The city's layout and infrastructure support a car-dependent lifestyle, with major roads and highways facilitating travel to nearby cities and attractions. Efforts to enhance walkability and bikeability are ongoing, aiming to improve the overall accessibility of the city.

Frequently Asked Questions About 1425 Malibu Cir NE Unit 108

What is the listing price of this property?

The listing price of 1425 Malibu Cir NE Unit 108 property is $250,000.

What type of property is this?

The property 1425 Malibu Cir NE Unit 108 is a townhouse located in Palm Bay, Florida, 32905.

Is this property for sale now?

Active Listing: 1425 Malibu Cir NE Unit 108 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 1425 Malibu Cir NE Unit 108 has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1425 Malibu Cir NE Unit 108 is 1,180 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1425 Malibu Cir NE Unit 108 is 1985.

Rocket HomesFloridaBrevard CountyPalm Bay329051425 Malibu Cir NE Unit 108

This home is located at 1425 Malibu Cir NE Unit 108 in Palm Bay, FL and zip code 32905. This 1,180 square foot home, which was built in 1985, sits on a 0.04 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 05, 2024 and is currently priced at $250,000.

In October 2024, from all listings sold in Palm Bay, FL there were more than 28 sold above asking price, over 85 sold below and more than 77 were sold right at the asked price. The number of homes for sale in Palm Bay, FL increased by 1.7% between September 2024 and October 2024. In October 2024, listings were on the market for 64 days. During the same period, the median list price in this real estate market was $330,000.

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

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