6 months on rocket

880 Malabar Rd, Malabar, FL, 32950

$1,300,000

18.91 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeUnimproved Land
MLS #1016540
Lot Size18.91 Acres
StatusActive

About 880 Malabar Rd

BRING ALL OFFERS and seize the opportunity to create your dream estate on this nearly 20-acre property. Although the existing house requires removal, the ample acreage invites endless possibilities for a custom-built home, resort-style amenities, or even private equestrian facilities. Enjoy Malabar's charming community and convenient access to shopping, dining, and nearby attractions.

Property Details

Property Features

Listing Office:

  • Office Name: RE/MAX Elite
  • Office Phone: (321) 752-5858
  • Listing Agent: Candace L Mulvaney

Virtual/3D Tour

  • Virtual Tour: 880 Malabar Rd
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Lot Features

Lot Information:

  • Lot: Many Trees, Wetlands, Wooded
  • Lot Size: 18.91 Acres

Other

Directions Information:

  • Directions: Malabar Road East of Babcock, property on the North Side just past Palm Bay Hospital

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,300,000

Tax Information:

  • Annual Amount: $2,018
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Malabar, FL.

Med. Sold Price

$575K

Med. Price/SqFt

$279

Avg. Days On Market

148

# of Sold Homes

4

880 Malabar Rd vs Malabar

193 DAYS ON ROCKET

+45 Days

$1,300,000

+$725K More

KEY TAKEAWAY

This property is $725K more than the Median Sold Price 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: #1016540

Listing Office:

  • Office Name: RE/MAX Elite
  • Office Phone: (321) 752-5858
  • Listing Agent: Candace L Mulvaney

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: 12/21/2024, 11:21:08 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$2,018$148,200
2019$1,893$112,620
2018$1,732$147,090
2017$1,732$124,710

History based on county public records data.

Payment Calculator

$6,556

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,964

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-702966
6
/10
  • Port Malabar Elementary School

  • 301 Pioneer Ave NE

  • 1.01 miles

  • Public District Grades PK-6

school-card-donut-702967
3
/10
  • Palm Bay Elementary School

  • 1200 Alamanda Rd NE

  • 2.21 miles

  • Public District Grades PK-6

school-card-donut-702968
4
/10
  • Columbia Elementary School

  • 1225 Waco Blvd SE

  • 3.01 miles

  • Public District Grades PK-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $65,625. Residents of Malabar, FL typically earn between $35k-100k each year. The majority of families are married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 880 Malabar Rd

What is the listing price of this property?

The listing price of 880 Malabar Rd property is $1,300,000.

What type of property is this?

The property 880 Malabar Rd is land located in Malabar, Florida, 32950.

Is this property for sale now?

Active Listing: 880 Malabar Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,018 (source: MLS/based on county public records data).

How much acreage is this property?

The property 880 Malabar Rd is 18.91 acres.
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Rocket HomesFloridaBrevard CountyMalabar32950880 Malabar Rd

This home is located at 880 Malabar Rd in Malabar, FL and zip code 32950. This home sits on a 18.91 acre lot. It has been listed on Rocket Homes since June 11, 2024 and is currently priced at $1,300,000.

In November 2024 more than 1 listings in Malabar, FL were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 1 were sold below. The number of listings in Malabar, FL increased by 17.2% between October 2024 and November 2024. In November 2024, listings were on the market for 148 days. During the same period, the median list price in this real estate market was $575,000.

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

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