$160,000
SOLD FEB 26, 2025

2405 Malabar Rd Malabar, FL 32950

2.88 Acres
$55,556 Price per Acre
125,453 Sq Ft Lot

Recently Sold

3% Below List Price

41 Days on Market

Highlights

  • 2.88 Acre Lot
  • Corner Lot
  • No HOA

About This Lot

As of February 2025

The perfect canvas for your dream home or investment project. This 2.88-acre lot, nestled in the equestrian town of Malabar offers the ideal blend of privacy and proximity to nature. Located just minutes from the Indian River, this property provides easy access to breathtaking water views, boating, and outdoor activities. The size of this lot offers endless possibilities to build your custom estate, create a hobby farm, or build multiple homes for resale. With nearby parks, trails, and local amenities, you'll experience the best of small-town charm while still being close to the conveniences of Palm Bay and Melbourne.

Last Agent to Sell the Property

Nicole Evans

Keller Williams Realty Brevard License #3435150 Listed on: 01/25/2025

Keller Williams Realty Brevard

Last Buyer's Agent

Jake Keo

One Sotheby's International License #3487030

One Sotheby's International

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,341

Lot Details

  • 2.88 Acre Lot
  • Corner Lot

Home Design

  • Asphalt

Schools

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

Utilities

  • Well

Community Details

  • No Home Owners Association
  • Snedekers Subd Of Malabar Subdivision

Listing and Financial Details

  • Assessor Parcel Number 28-38-31-54-0000b.0-0001.00
  • Seller Concessions Not Offered

Property Details

Property Type

Land

Est. Annual Taxes

$2,341

Lot Details

0

Listing Details

  • Property Type: Land
  • Reso Property Sub Type: Unimproved Land
  • ResoLotFeatures: Corner Lot
  • Road Surface Type: Asphalt
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Snedekers Subd of Malabar
  • Location Tax and Legal Parcel Number2: 28-38-31-54-0000b.0-0001.00
  • 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: 2340.58
  • Location Tax and Legal Tax Year2: 2024
  • General Property Information Lot Size Acres: 2.88
  • General Property Information Lot Size Square Feet2: 125453.0
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • Road Surface Type Asphalt: Yes
  • Water Source Well: Yes
  • General Property Information Land Lease YN2: No
  • General Property Information CDD Fee YN: No
  • Marketing Remarks:Marketing Remarks: The perfect canvas for your dream home or investment project. This 2.88-acre lot, nestled in the equestrian town of Malabar offers the ideal blend of privacy and proximity to nature. Located just minutes from the Indian River, this property provides easy access to breathtaking water views, boating, and outdoor activities. The size of this lot offers endless possibilities to build your custom estate, create a hobby farm, or build multiple homes for resale. With nearby parks, trails, and local amenities, you'll experience the best of small-town charm while still being close to the conveniences of Palm Bay and Melbourne.
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 2.88
  • Waterfront: No
  • Lot Features:Corner Lot: Yes

Utilities

  • Utilities: Other
  • Water Source: Well

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
  • Land Lease: No
  • Lot Size Sq Ft: 125453.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 28-38-31-54-0000b.0-0001.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 2340.58

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2025
Closed on
Feb 26, 2025
Sold by
Duong Hong Bich and Duong Loan Bich
Bought by
Ngann Chanvuthy and Chao Yinmaly
Seller's Agent
Nicole Evans
Keller Williams Realty Brevard
Buyer's Agent
Jake Keo
One Sotheby's International
List Price
$165,000
Sold Price
$160,000
Premium/Discount to List
-$5,000
-3.03%
Views
27
Current Estimated Value
$263,183

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,183
Avg. Annual Appreciation
72.79%

Purchase Details

Listed on
Jul 18, 2020
Closed on
Nov 30, 2020
Sold by
Slate Property Management Llc
Bought by
Duong Hong Bich and Duong Loan Bich
Seller's Agent
Dawn DiNoto
EXP Realty, LLC
Buyer's Agent
Dawn DiNoto
Real Broker, LLC
List Price
$139,000
Sold Price
$110,000
Premium/Discount to List
-$29,000
-20.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.24%

Purchase Details

Listed on
Mar 15, 2018
Closed on
Aug 6, 2018
Sold by
Brillante Robert J
Bought by
State Property Management Llc
Seller's Agent
Amanda Gonnella
BSC Real Estate
Buyer's Agent
Dawn DiNoto
Real Broker, LLC
List Price
$95,000
Sold Price
$95,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.52%

Purchase Details

Closed on
Oct 30, 2015
Sold by
Brillante Alda M
Bought by
Brillante Robert J

Purchase Details

Closed on
Feb 3, 2011
Sold by
Zemkoski Family Limited Partnership
Bought by
Zemkoski Jean A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $160,000 Supreme Title Closings
Warranty Deed $160,000 Supreme Title Closings
Warranty Deed $110,000 State Title Partners Llp
Warranty Deed $95,000 State Titel Partners Llp
Warranty Deed -- Attorney
Warranty Deed -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/26/2025 02/26/25 Sold $160,000 -3.0% --
02/18/2025 02/18/25 Pending -- -- --
01/25/2025 01/25/25 For Sale $165,000 0.0% --
01/17/2025 01/17/25 Pending -- -- --
01/08/2025 01/08/25 For Sale $165,000 +50.0% --
11/30/2020 11/30/20 Sold $110,000 -20.9% -- View Prior Sale
11/13/2020 11/13/20 Pending -- -- --
07/18/2020 07/18/20 For Sale $139,000 0.0% --
07/04/2020 07/04/20 Pending -- -- --
05/15/2020 05/15/20 For Sale $139,000 +46.3% --
08/07/2018 08/07/18 Sold $95,000 0.0% -- View Prior Sale
07/10/2018 07/10/18 Pending -- -- --
03/15/2018 03/15/18 For Sale $95,000 -- --
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
2025 $2,341 $172,800 -- --
2024 $2,251 $158,400 -- --
2023 $2,251 $158,400 -- --
2022 $1,851 $123,840 $0 $0
2021 $1,527 $106,560 $106,560 $0
2020 $1,546 $106,560 $106,560 $0
2019 $1,484 $100,800 $100,800 $0
2018 $1,329 $92,160 $92,160 $0
2017 $1,213 $19,440 $0 $0
2016 $1,251 $77,760 $77,760 $0
2015 $1,295 $77,760 $77,760 $0
2014 $1,286 $77,760 $77,760 $0
Source: Public Records

Agents Affiliated with this Home

  • Nicole Evans

    Seller's Agent in 2025

    Nicole Evans

    Keller Williams Realty Brevard

    (321) 506-8652

    2 in this area

    88 Total Sales

    Nicole Evans
    Section Image
  • Jake Keo

    Buyer's Agent in 2025

    Jake Keo

    One Sotheby's International

    (321) 978-1331

    3 in this area

    79 Total Sales

    Jake Keo
    Section Image
  • Christina Slate

    Seller Co-Listing Agent in 2020

    Christina Slate

    Real Broker, LLC

    (321) 288-3404

    1 Total Sale

    Christina Slate
    Section Image

  • D

    Buyer's Agent in 2020

    Dawn DiNoto

    EXP Realty, LLC

    Section Image

  • D

    Buyer's Agent in 2020

    Dawn & Paul Dinoto Team

    EXP Realty LLC

  • Amanda Gonnella

    Seller's Agent in 2018

    Amanda Gonnella

    BSC Real Estate

    (321) 693-0906

    154 Total Sales

    Amanda Gonnella
    Section Image
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Map

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

MLS Number: 1033551

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-38-31-54-0000B.0-0001.00

Florida Brevard County Malabar 32950

2405 Malabar Rd, Malabar, FL

Sold

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