NOT LISTED FOR SALE

920 Malabar Rd Malabar, FL 32950

Estimated Value: $644,954 - $692,000

9.56 Acres
$69,298 Price per Acre
416,434 Sq Ft Lot

Sale Details

Date Sold: February 23, 2024

Last sale price $550,000 $531 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,882 / mo

138 Days on Market

About This Lot

As of February 2024

Incredible opportunity to own 9.5+ acres on Malabar Rd. Current zoning is RR65 (single family with 1.5 acre lots). Malabar has indicated that they would allow rezoning to OI (Office Institutional). This property is just East of the Palm Bay hospital and OI allows for doctors offices. Currently there is a small 2/1 house being rented out but the value is in the land. The property is absolutely gorgeous with mature oaks and a small stream.

Last Agent to Sell the Property

Jim Taranto

White Water Real Estate License #3096947 Listed on: 12/01/2023

Last Buyer's Agent

Marianne Brownfield

Brownfield R. E. Group. Inc. License #3036308

Property Details

Property Type

  • Land

Lot Details

  • 9.56 Acre Lot

Schools

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

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Lot Details

9.56 Acres

Listing Details

  • Property Type: Land
  • Reso Property Sub Type: Unimproved Land
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: None
  • Location Tax and Legal Elementary School: Port Malabar
  • Location Tax and Legal Middle School2: Stone
  • Location Tax and Legal High School: Palm Bay
  • General Property Information Lot Size Acres: 9.56
  • General Property Information Senior Community YN: No
  • General Property Information Water Body Access YN3: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 9.56

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: Commercial
  • Lot Size Sq Ft: 416433.6
  • ResoLotSizeUnits: Acres

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2023
Closed on
Feb 23, 2024
Sold by
Wayne Edward Abare and Wayne Katie Ilene
Bought by
Miller Ollie P and Miller Lovina J
Seller's Agent
Jim Taranto
White Water Real Estate
Buyer's Agent
Marianne Brownfield
Brownfield R. E. Group. Inc.
List Price
$599,000
Sold Price
$550,000
Premium/Discount to List
-$49,000
-8.18%
Views
30
Current Estimated Value
$662,489

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,489
Avg. Annual Appreciation
8.70%
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

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 Buyer Sale Price Title Company
Miller Ollie P $550,000 Supreme Title Closings
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/23/2024 02/23/24 Sold $550,000 -8.2% $531 / Sq Ft
02/16/2024 02/16/24 Pending -- -- --
12/01/2023 12/01/23 For Sale $599,000 0.0% $579 / Sq Ft
10/19/2023 10/19/23 Pending -- -- --
09/30/2023 09/30/23 For Sale $599,000 +294.1% $579 / Sq Ft
09/28/2012 09/28/12 Sold $152,000 -49.3% $147 / Sq Ft View Prior Sale
09/01/2012 09/01/12 Pending -- -- --
06/04/2012 06/04/12 For Sale $299,900 -- $290 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

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 $4,189 $406,010 -- --
2024 $4,567 $261,710 -- --
2023 $4,567 $318,840 -- --
2022 $3,948 $285,310 $0 $0
2021 $3,084 $212,160 $150,190 $61,970
2020 $2,958 $204,070 $142,330 $61,740
2019 $2,817 $198,640 $134,470 $64,170
2018 $2,742 $200,250 $134,470 $65,780
2017 $2,525 $172,310 $118,750 $53,560
2016 $2,264 $139,930 $118,750 $21,180
2015 $2,107 $122,950 $103,030 $19,920
2014 $2,100 $121,410 $103,030 $18,380
Source: Public Records

Agents Affiliated with this Home

  • Jim Taranto

    Seller's Agent in 2024

    Jim Taranto

    White Water Real Estate

    (321) 338-5993

    3 in this area

    33 Total Sales

    Jim Taranto
    Section Image
  • Marianne Brownfield

    Buyer's Agent in 2024

    Marianne Brownfield

    Brownfield R. E. Group. Inc.

    (321) 508-6970

    10 in this area

    68 Total Sales

    Marianne Brownfield
    Section Image

  • J

    Seller's Agent in 2012

    Justin Morton

    Morton Land Company

See All Agents

Map

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

MLS Number: 976548

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-37-35-00-00505.0-0000.00

Florida Brevard County Malabar 32950

920 Malabar Rd, 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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