NOT LISTED FOR SALE

725 Port Malabar Blvd NE Unit 107 Palm Bay, FL 32905

Port Malabar Neighborhood

Estimated Value: $177,000 - $198,000

2 Beds
2 Baths
1,184 Sq Ft
$415/mo HOA Fee

Last Sold September 13, 2024

Last sale price $196,580 $166 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $1,458/month

49 Days on Market

Highlights

  • In Ground Pool
  • Open Floorplan
  • Hurricane or Storm Shutters
  • Active Adult
  • Screened Porch
  • Dual Closets

About This Home

As of September 2024

Fairway Condominiums has successfully passed the mandated Florida inspection with no issues detected and won't require another inspection for 10 years. The entire building is constructed with block and concrete. Unit 107 offers enhanced safety features, including drop-down hurricane shutters on the patio and all bedroom windows. All windows and sliding glass doors are hurricane-resistant, with a lifetime warranty that transfers to the new owner. This fully renovated, ground-floor, corner unit spans 1,184 square feet and includes 2 bedrooms and 2 bathrooms. Key features include private parking directly behind the back entrance, a mailbox conveniently located outside the front door, and the community pool just steps away. The low HOA fee covers water and internet. Additionally, the price has been improved!

Last Agent to Sell the Property

Paul Kempf

Brevard Executive R. E. LLC License #3593555 Listed on: 09/01/2024

Last Buyer's Agent

Misti Schneider

RE/MAX Aerospace Realty License #3495551

RE/MAX Aerospace Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $615

Year Built

  • Built in 1973

Lot Details

  • 4,356

HOA Fees

  • $415 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,184 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Screened Porch
  • Breakfast Bar

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Dual Closets
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Home Security

Pool

  • In Ground Pool
  • Fence Around Pool

Schools

  • Riviera Elementary School
  • Stone Middle School
  • Palm Bay High School

Additional Features

  • Patio
  • North Facing Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 28-37-28-00-00759.7-0000.00

Community Details

Overview

  • Active Adult
  • Fairways Of Brev. Condo Plan No 1 Association
  • Fairways Of Brev. Condo Plan No 1 Subdivision

Recreation

  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Hurricane or Storm Shutters
  • High Impact Windows

Property Details

Home Type

Condominium

Est. Annual Taxes

$615

Year Built

Built in 1973

Lot Details

0

HOA Fees

$415 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1973
  • Reso Property Sub Type: Condominium
  • ResoLotFeatures: Other
  • Reso Association Amenities: Pool
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Fairways of Brev. Condo Plan No 1
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 28-37-28-00-00759.7-0000.00
  • Location Tax and Legal Elementary School: Riviera
  • Location Tax and Legal Middle School2: Stone
  • Location Tax and Legal High School: Palm Bay
  • Location Tax and Legal Tax Annual Amount: 615.12
  • Location Tax and Legal Tax Year2: 2022
  • General Property Information Living Area2: 1184.0
  • General Property Information Lot Size Acres: 0.1
  • General Property Information Lot Size Square Feet2: 4356.0
  • General Property Information New Construction YN: No
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: Yes
  • General Property Information Direction Faces: North
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring Laminate: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • General Property Information Community Fee(s) YN: No
  • Levels One: Yes
  • Pool Features In Ground: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Pets Allowed Call: Yes
  • General Property Information Stories Total: 3
  • Utilities Electricity Available: Yes
  • Pool Features Fenced: Yes
  • General Property Information CDD Fee YN: No
  • General Property Information Stories2: 1
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), His and Hers Closets, Open Floorplan, Primary Bathroom - Tub with Shower, Walk-In Closet(s)
  • Flooring: Laminate, Tile
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Stories: 1
  • Stories: 3
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:His and Hers Closets: Yes

Exterior Features

  • Exterior Features: Impact Windows, Storm Shutters
  • Pool Features: Fenced, In Ground
  • Acres: 0.1
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: North
  • Patio And Porch Features: Covered, Patio, Screened
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Screened: Yes
  • Exterior Features:Storm Shutters: Yes
  • Lot Features:Other21: Yes
  • Exterior Features:Impact Windows: Yes
  • Patio And Porch Features:Covered2: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Assigned
  • General Property Information:Garage YN: No
  • Parking Features:Assigned: Yes

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Electricity Available, Water Available
  • Heating: Central
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes

Condo/Co-op/Association

  • Senior Community: Yes
  • Association Fee: 415.0
  • Association Fee Frequency: Monthly
  • Association Name: Fairways of Brev. Condo Plan No 1
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: Fairways of Brev. Condo Plan No 1
  • General Property Information:Association Fee: 415.0
  • General Property Information:Association Fee Frequency: Monthly
  • Association Amenities:Pool3: Yes

Schools

  • Middle Or Junior School: Stone

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 4356.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2836599
  • Parcel #: 28-37-28-00-00759.7-0000.00

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 615.12

MLS Schools

  • Elementary School: Riviera
  • High School: Palm Bay

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2024
Closed on
Sep 13, 2024
Sold by
Fricke Ronald T
Bought by
Matthai Craig D
Seller's Agent
Paul Kempf
Brevard Executive R. E. LLC
Buyer's Agent
Misti Schneider
RE/MAX Aerospace Realty
List Price
$200,000
Sold Price
$196,580
Premium/Discount to List
-$3,420
-1.71%
Current Estimated Value
$188,674

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,906
Avg. Annual Appreciation
-3.60%

Purchase Details

Closed on
May 3, 2019
Sold by
Linda E Jones Revocable Trust
Bought by
Fricke Ronald T

Purchase Details

Closed on
Oct 23, 2018
Sold by
Adams Lauren R and Linda E Jones Revocable Trust
Bought by
Adams Lauren R and Linda E Jones Revocable Trust

Purchase Details

Closed on
Jun 29, 2018
Sold by
Adams Lauren R and Fricke Ronald T
Bought by
Ne Adams Lauren and Ne Nicole A Jones Supplemental

Purchase Details

Closed on
Mar 3, 2015
Sold by
Jones Linda E
Bought by
Jones Linda E and Linda E Jones Revocable Trust

Purchase Details

Closed on
May 26, 2010
Sold by
Olverd James F
Bought by
Jones Linda E

Purchase Details

Closed on
Nov 24, 2009
Sold by
Angeline Mark and Olverd James F
Bought by
Olverd James F

Purchase Details

Closed on
Oct 16, 2007
Sold by
Oliverio Joseph R
Bought by
Joseph R Oliverio Declaration Of Trust and Oliverio Joseph R

Purchase Details

Closed on
Dec 20, 1993
Sold by
Oliverio Joseph R and Oliverio Elizabeth J
Bought by
Oliverio Joseph R and Oliverio Elizabeth J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,400
Interest Rate
7.05%
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
Matthai Craig D $196,600 None Listed On Document
Matthai Craig D $196,600 None Listed On Document
Fricke Ronald T $50,000 Supreme Title Closings Llc
Adams Lauren R -- None Available
Ne Adams Lauren -- None Available
Jones Linda E -- Attorney
Jones Linda E $62,500 None Available
Olverd James F -- None Available
Joseph R Oliverio Declaration Of Trust -- Attorney
Oliverio Joseph R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Oliverio Joseph R $39,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/13/2024 09/13/24 Sold $196,580 -1.7% $166 / Sq Ft
09/01/2024 09/01/24 For Sale $200,000 0.0% $169 / Sq Ft
08/30/2024 08/30/24 Pending -- -- --
08/18/2024 08/18/24 Price Changed $200,000 -3.4% $169 / Sq Ft
07/29/2024 07/29/24 Price Changed $207,000 -3.7% $175 / Sq Ft
07/11/2024 07/11/24 For Sale $215,000 -- $182 / Sq Ft
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 $652 $146,190 -- --
2024 $615 $77,850 -- --
2023 $615 $75,590 $0 $0
2022 $657 $73,390 $0 $0
2021 $680 $71,260 $0 $0
2020 $674 $70,280 $0 $0
2019 $998 $68,150 $0 $0
2018 $1,350 $69,380 $0 $69,380
2017 $1,191 $49,590 $0 $49,590
2016 $1,091 $47,440 $0 $0
2015 $229 $33,010 $0 $0
2014 $226 $32,750 $0 $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: 1019291

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-37-28-00-00759.7-0000.00