NOT LISTED FOR SALE

1550 Marie St Malabar, FL 32950

1.97 Acres
-- Price per Acre
85,813 Sq Ft Lot

Sale Details

Date Sold: January 8, 2026

Last sale price $216,250

19 Days on Market

Highlights

  • Wetlands on Lot
  • No HOA
  • Many Trees

About This Lot

As of January 2026

The 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

Lindsey Whitney

Compass Florida, LLC License #3293113 Listed on: 11/18/2025

Compass Florida, LLC

Last Buyer's Agent

Meili Viera Porter

Waterman Real Estate Inc. License #3215665

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

Property Details

Property Type

Land

Est. Annual Taxes

$1,506

Lot Details

1.97 Acres

Listing Details

  • Property Type: Land
  • Reso Property Sub Type: Unimproved Land
  • ResoLotFeatures: Cleared, Many Trees, Wetlands
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: None
  • Location Tax and Legal Parcel Number2: 28-37-36-00-00762.0-0000.00
  • Location Tax and Legal Elementary School: Port Malabar
  • Location Tax and Legal Middle School2: Stone
  • Location Tax and Legal High School: Palm Bay
  • Location Tax and Legal Tax Annual Amount: 1506.19
  • Location Tax and Legal Tax Year2: 2024
  • General Property Information Lot Size Acres: 1.97
  • General Property Information Lot Size Square Feet2: 85813.0
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • Water Source Well: Yes
  • Utilities Water Available: Yes
  • Utilities Electricity Available: Yes
  • General Property Information CDD Fee YN: No
  • Utilities Sewer Not Available: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 1.97
  • Waterfront: No
  • Lot Features:Many Trees: Yes
  • Lot Features:Cleared: Yes
  • Lot Features:Wetlands: Yes

Utilities

  • Utilities: Electricity Available, Sewer Not Available, Water Available
  • Water Source: Well
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Stone

Lot Info

  • Current Use: Unimproved
  • Lot Size Sq Ft: 85813.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 28-37-36-00-00762.0-0000.00

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 1506.19

MLS Schools

  • Elementary School: Port Malabar
  • High School: Palm Bay
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

    Seller's Agent in 2026

    Lindsey Whitney

    Compass Florida, LLC

    (321) 559-8799

    1 in this area

    149 Total Sales

    Lindsey Whitney
    Section Image
  • Meili Viera Porter

    Buyer's Agent in 2026

    Meili Viera Porter

    Waterman Real Estate Inc.

    (321) 848-7344

    7 in this area

    271 Total Sales

    Meili Viera Porter
    Section Image

  • M

    Buyer's Agent in 2026

    Meili Viera

    Perrone Realty, LLC

See All Agents

Map

Source: Space Coast MLS (Space Coast Association of REALTORS®)

MLS Number: 1062422

Space Coast MLS (Space Coast Association of REALTORS®)
Florida Brevard County Malabar 32950

1550 Marie St, Malabar, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Space Coast MLS (Space Coast Association of REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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