Seller's Agent in 2026
Lindsey Whitney
Compass Florida, LLC
(321) 559-8799
1 in this area
143 Total Sales
1550 Marie St Malabar, FL 32950
1.97
Acres
$109,772
Price per Acre
85,813
Sq Ft Lot
Highlights
- Wetlands on Lot
- No HOA
- Many Trees
About This Lot
As of January 2026The 1.97-acre property, positioned at the corner of Malabar Road & Marie Street in Malabar, FL, features a truncated wedge shape w/ approximately 469 ft of frontage along Malabar Road to the south, 111 ft along Marie Street to the east, 433 ft bordering the historic Banyan Estate to the north, & 289 ft adjoining a wildlife preserve to the west. Re-zoned to General Commercial in 2020, the site cannot be developed as a convenience store. A full survey was completed by Smith Surveying on July 1, 2020, & multiple studies have been conducted, including an environmental assessment, building compaction & percolation testing, & preliminary site-work evaluation w/ Brandon Construction. Under permit, a wide 20-ft-by-350-ft path along the eastern side was cleared to allow for soil testing. The property includes approximately 0.26 acres of wetlands in the southwest corner, believed to be man-made due to poor swale maintenance, w/ mitigation estimated at $30,000-$40,000 & potentially reducible if classified as man-made. No negative findings have been identified that would prevent general commercial use.
Last Agent to Sell the Property
Compass Florida, LLC License #3293113 Listed on: 11/18/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $1,506
Lot Details
- 1.97 Acre Lot
- Cleared Lot
- Many Trees
Schools
- Port Malabar Elementary School
- Stone Middle School
- Palm Bay High School
Utilities
- Well
- Septic Tank
- Sewer Not Available
Listing and Financial Details
- Assessor Parcel Number 28-37-36-00-00762.0-0000.00
Community Details
Overview
- No Home Owners Association
Recreation
- Wetlands on Lot
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/08/2026 01/08/26 | Sold | $216,250 | -13.5% | -- |
| 11/18/2025 11/18/25 | For Sale | $250,000 | -- | -- |
Source: Space Coast MLS (Space Coast Association of REALTORS®)
Agents Affiliated with this Home
-
Lindsey Whitney
-
Meili Viera
Buyer's Agent in 2026
Meili Viera
Waterman Real Estate Inc.
(321) 848-7344
7 in this area
283 Total Sales
Map
Source: Space Coast MLS (Space Coast Association of REALTORS®)
MLS Number: 1062422
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