NOT LISTED FOR SALE

1235 Sykes Rd SE Palm Bay, FL 32909

Estimated Value: $63,000 - $76,000

0.23 Acre
$302,174 Price per Acre
10,019 Sq Ft Lot

Last Sold March 31, 2022

Last sale price $19,500

Est. 256% increase in value since last sale

Current estimated payment $413/month

1,428 Days on Market

Highlights

  • Wooded Lot
  • No HOA
  • Heating Available

About This Lot

As of March 2022

Brevard County, city of Palm Bay, Port Malabar unit 17. great location, ready to build your dream home. 80x125 resident lot. seller also has other lots in the same area.

Last Agent to Sell the Property

Lambert Wu

RAINBOW INVESTMENT REALTY License #622776 Listed on: 05/03/2018

Last Buyer's Agent

Lambert Wu

RAINBOW INVESTMENT REALTY License #622776 Listed on: 05/03/2018

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $175

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 80x125
  • Property fronts a county road
  • Wooded Lot
  • Property is zoned RS2

Utilities

  • Well

Community Details

  • No Home Owners Association
  • Port Malabar Unit 17 Subdivision

Listing and Financial Details

  • Legal Lot and Block 9 / 833
  • Assessor Parcel Number 29-37-21-GQ-00833.0-0009.00

Property Details

Property Type

Land

Est. Annual Taxes

$175

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.23
  • Lot Size Sq Ft: 10019
  • Number Of Lots: 1
  • Directions to Property: I 95 exit FL 514/Malabar Rd Se, R on to S Badcock St, R onto Wyoming Dr SE, R onto Tharp Rd SE, R on to Tak Rd Se, L onto Sykes Rd SE to 1235 Sykes Rd SE
  • Status: Sold
  • Street Post Direction: SE
  • Total Acreage: 0 to less than 1/4
  • Call Center Phone Number: 9544835111
  • Ratio: Close Price\List Price: 0.43333
  • Price per Sq Ft: 1.95
  • Close to Original List Price Ratio: 1.3
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2017
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Street Number Modifier: 1235

Exterior Features

  • Road Frontage Type: City Street, County Road
  • Waterfront: No
  • Water View Y N: No
  • Front Footage: 80
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12009C0660G
  • Disclosures: None

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: Electrical Nearby, Electricity Available
  • Sewer: None
  • Water Source: Public, Well
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Association Fee Requirement: None

Lot Info

  • Zoning: RS2
  • Parcel Number: 29-37-21-GQ-00833.0-0009.00
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Features: Wooded
  • Lot Dimensions: 80x125
  • Price Per Acre: 84783
  • Flood Zone Code: X500
  • Flood Zone Date: 2014-03-17
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • For Lease Y N: No

Tax Info

  • Tax Annual Amount: 175
  • Tax Block: 833
  • Tax Book Number: 15-99
  • Tax Lot: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 22, 2023
Sold by
Genesis Construction & Renovation Compan
Bought by
Genesis Homes Of Florida Llc
Current Estimated Value
$69,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,000
Outstanding Balance
$268,355
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
-$198,855

Purchase Details

Closed on
Oct 10, 2023
Sold by
Mallorca Properties Llc
Bought by
Genesis Construction & Renovation Company

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,000
Outstanding Balance
$268,355
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
-$198,855

Purchase Details

Closed on
Jun 29, 2023
Sold by
Genesis Land Services Llc
Bought by
Mallorca Properties Llc

Purchase Details

Closed on
Jun 28, 2023
Sold by
Lb Solutions Llc
Bought by
Genesis Land Services Llc

Purchase Details

Closed on
Mar 19, 2021
Sold by
Florida Dreamland Inc
Bought by
Ibn Development Llc

Purchase Details

Closed on
Oct 21, 2002
Sold by
Hudak Stephen R and Hudak Margaret A
Bought by
Fl Dreamland Inc
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Genesis Homes Of Florida Llc $100 Unik Title Llc
Genesis Construction & Renovation Company $55,000 None Listed On Document
Mallorca Properties Llc $55,000 None Listed On Document
Genesis Land Services Llc $100 None Listed On Document
Genesis Land Services Llc $100 None Listed On Document
Ibn Development Llc $19,500 Signature Ttl Professionals
Lb Solutions Llc $24,300 Signature Ttl Professionals
Fl Dreamland Inc $3,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Genesis Homes Of Florida Llc $273,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2022 03/31/22 Sold $19,500 -56.7% --
11/16/2021 11/16/21 Price Changed $45,000 +50.0% --
03/03/2021 03/03/21 Price Changed $30,000 +50.0% --
03/30/2020 03/30/20 Price Changed $20,000 -33.3% --
07/24/2019 07/24/19 Price Changed $30,000 +100.0% --
05/03/2018 05/03/18 For Sale $15,000 -- --
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $535 $31,000 -- --
2024 $478 $28,000 -- --
2023 $478 $25,000 $25,000 $0
2022 $436 $22,000 $0 $0
2021 $164 $8,500 $8,500 $0
2020 $150 $7,500 $7,500 $0
2019 $188 $6,600 $6,600 $0
2018 $176 $5,600 $5,600 $0
2017 $175 $1,300 $0 $0
2016 $114 $5,000 $5,000 $0
2015 $106 $4,500 $4,500 $0
2014 $103 $4,500 $4,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: W7800899

Stellar MLS

APN: 29-37-21-GQ-00833.0-0009.00