NOT LISTED FOR SALE

Estimated Value: $147,916

0.51 Acre
$290,031 Price per Acre
22,216 Sq Ft Lot

Last Sold February 13, 2024

Last sale price $150,000

Est. 1% decrease in value since last sale

Current estimated payment $853/month

204 Days on Market

About This Lot

As of February 2024

Owner financing available !!
Unbelievable Location in Busy part of City of Palm Bay.
We are offering this half of an acre commercial piece of land just off of Babcock street right by the busy intersection of Malabar road and babcock .
Property is adjacent to a newer commercial building and ready to go !!

Last Agent to Sell the Property

Seyed Hosseini

Palm Bay Realty, Inc. License #3242310 Listed on: 06/21/2023

Last Buyer's Agent

Seyed Hosseini

Palm Bay Realty, Inc. License #3242310 Listed on: 06/21/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,145

Lot Details

  • 0.51 Acre Lot
  • Wooded Lot

Schools

  • Port Malabar Elementary School
  • Stone Middle School
  • Palm Bay High School

Community Details

  • Port Malabar Unit 40 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 29-37-03-26-01985.0-0015.00

Property Details

Property Type

Land

Est. Annual Taxes

$1,145

Lot Details

0

Listing Details

  • Property Type: Land
  • Reso Property Sub Type: Unimproved Land
  • ResoLotFeatures: Wooded, Other
  • Road Surface Type: Paved
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Port Malabar Unit 40
  • Location Tax and Legal Parcel Number2: 29-37-03-26-01985.0-0015.00
  • 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: 1145.05
  • Location Tax and Legal Tax Year2: 2020
  • General Property Information Lot Size Acres: 0.51
  • General Property Information Lot Size Square Feet2: 22216.0
  • General Property Information Senior Community YN: No
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 0.51
  • Lot Features:Wooded: Yes
  • Lot Features:Other21: Yes

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Stone

Lot Info

  • Current Use: Commercial
  • Lot Size Sq Ft: 22216.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 29-37-03-26-01985.0-0015.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 1145.05

MLS Schools

  • Elementary School: Port Malabar
  • High School: Palm Bay

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2023
Closed on
Feb 13, 2024
Sold by
Anvary Bahman
Bought by
Rzt Racing Llc
Seller's Agent
Seyed Hosseini
Palm Bay Realty, Inc.
Buyer's Agent
Seyed Hosseini
Palm Bay Realty, Inc.
List Price
$149,000
Sold Price
$150,000
Premium/Discount to List
$1,000
0.67%
Views
107
Current Estimated Value
$147,916

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,084
Avg. Annual Appreciation
-0.91%
Original Mortgage
$105,000
Outstanding Balance
$93,312
Interest Rate
6.62%
Mortgage Type
Seller Take Back
Estimated Equity
$54,604

Purchase Details

Closed on
Oct 22, 2015
Sold by
County Of Brevard
Bought by
Anvary Bahman

Purchase Details

Closed on
Jul 27, 2009
Sold by
Leung Yuk Ping
Bought by
Leung Kam Fung
Source: Public Records

Range of Values:

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Average Value
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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
Rzt Racing Llc $150,000 Supreme Title Closings
Anvary Bahman $15,200 None Available
Leung Kam Fung -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rzt Racing Llc $105,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2024 02/13/24 Sold $150,000 +0.7% --
01/12/2024 01/12/24 Pending -- -- --
06/21/2023 06/21/23 For Sale $149,000 -- --
Source: Space Coast MLS (Space Coast Association of REALTORS®)

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
2024 $561 $27,500 -- --
2023 $561 $27,500 $27,500 $0
2022 $564 $27,500 $0 $0
2021 $595 $27,500 $27,500 $0
2020 $1,145 $27,500 $27,500 $0
2019 $1,270 $27,500 $27,500 $0
2018 $1,257 $27,500 $27,500 $0
2017 $1,228 $9,680 $0 $0
2016 $1,069 $22,000 $22,000 $0
2015 $1,398 $36,300 $36,300 $0
2014 $1,412 $36,300 $36,300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 968085

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 29-37-03-26-01985.0-0015.00