3
Map
$120,000
●
Condo -
Off Market
1480 Malibu Circle NE #106
Palm Bay, FL 32905
2 Beds
2 Baths
836 Ft²
$160,385
RealtyHop Estimate
32.55%
Since Dec 1, 2020
National-US
Primary Model
About This Property
Move -in ready, beautifully furnished corner unit with
private courtyard and large storage space. All new kitchen
stainless steel appliances, Temperpedic bedding and Whirlpool
Washer/Dryer. 2016 updated electrical panel. Gorgeous
waterproof vinyl plank flooring and soft close kitchen cabinetry
with upscale drawer features. Location is amazing as you are
steps away from restaurants and shopping. Low HOA incl. roof
replacement, lawn care, basic cable, and exterior paint.
Unit Size
836 Ft²
Days on Market
15 days
Land Size
0.07 acres
Price per sqft
$145
Property Type
Condo
Property Taxes
$155
HOA Dues
$205
Year Built
-
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 months ago (Space Coast MLS #888754)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 16, 2020 | Sold | ||
| Sold | |||
| Oct 27, 2020 | Listed by RE/MAX Aerospace Realty | $121,000 | |
| Listed by RE/MAX Aerospace Realty | |||
| May 13, 2016 | Sold | ||
| Sold | |||
| Apr 22, 2016 | Listed by National Realty of Brevard | $84,900 | |
| Listed by National Realty of Brevard | |||
| | |||
|
Turnkey Furnished! Light & Bright End Unit.Well established community,Steps away from restaurants,shopping.Compete Re-Model, Newer Kitchen Cabinets,all appliances.Open floor plan,slider access to private courtyard,add''l storage space.
Spacious MB,Queen bed,new mattress set,
End tables,bureau.2nd bed,(2) single beds,Living Room has vaulted ceilings,
NewerSofa & loveseat,table,entertainment system with wide screen flat panel, 60'' T.V,surround sound! Tastefully furnished thru-out. All window coverings,pictures,etc.Newer Stack ''Duet''Whirpool Washer/Dryer. HOA $195 monthly,includes taxes,lawn maintenance,ext.paint,roof replacement,pest control,& Free basic Cable.End Unit offers add''l patio space front for relaxing,entertainment!Central A/C is Carrier updated and new since new owner.
| |||
Property Highlights
Parking Available
Air Conditioning
Parking Details
Parking Features: Assigned
Interior Details
Full Bathrooms: 2
Interior Features: Ceiling Fan(s), Eat-in Kitchen, Open Floorplan, Pantry, Vaulted Ceiling(s), Primary Bathroom - Tub with Shower, Split Bedrooms
Appliances: Dishwasher, Dryer, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Washer
Flooring Type: Tile, Vinyl
Exterior Details
Has Property Attached
Square Footage: 836
Square Footage Source: $0
Architectural Style: Patio Home, Villa
Year Built: 1985
Building Area Total: 852
Levels: One
Other Structures: Shed(s)
Construction Materials: Frame, Stucco, Wood Siding
Patio and Porch Features: Patio
Pool Features: In Ground
Lot Features: Corner Lot
Lot Size Area: 0.07
Lot Size Units: Acres
Lot Size Acres: 0.07
Lot Size Square Feet: 3049
Water Source: Public
Financial Details
Tax Annual Amount: $1,862
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Cable TV, Insurance, Pest Control
HOA/Condo/Coop Amenities: Clubhouse, Maintenance Grounds, Maintenance Structure, Management, Pool, Shuffleboard Court
HOA Fee: $205
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/16/2023
|
3 Bed
|
2 Bath
|
1214 ft²
|
$239,900
3 Bed
2 Bath
1214 ft²
|
$225,000
-6.21%
11/30/2023
|
Carol Ryon
Welcome Home Realty Brevard
| |
|
01/19/2022
|
3 Bed
|
2 Bath
|
1180 ft²
|
$195,000
3 Bed
2 Bath
1180 ft²
|
$195,000
02/28/2022
|
Garrett Decker
NextHome At The Beach II
| |
|
10/27/2020
|
2 Bed
|
2 Bath
|
836 ft²
|
$121,000
2 Bed
2 Bath
836 ft²
|
$120,000
-0.83%
11/16/2020
|
Lauren VanWie
RE/MAX Aerospace Realty
| |
|
07/03/2020
|
2 Bed
|
2 Bath
|
836 ft²
|
$99,990
2 Bed
2 Bath
836 ft²
|
$99,990
08/03/2020
|
Derrian Aversa
Florida East Coast Real Estate
| |
|
07/10/2019
|
2 Bed
|
2 Bath
|
836 ft²
|
$100,000
2 Bed
2 Bath
836 ft²
|
$100,000
07/18/2019
|
Garrett Bell
Coldwell Banker Realty
| |
|
04/22/2016
|
2 Bed
|
2 Bath
|
-
|
$84,900
2 Bed
2 Bath
|
$84,900
05/13/2016
|
David Tippett
Salt Water Realty of Brevard
| |
|
10/21/2013
|
2 Bed
|
2 Bath
|
836 ft²
|
$39,900
2 Bed
2 Bath
836 ft²
|
$46,101
+15.54%
12/19/2013
|
William Kehoe
KEHOE REAL ESTATE SERVICES
|
Building Info
1480 Malibu Circle Northeast
1480 Malibu Circle Northeast, Palm Bay, FL 32905
About Port Malabar
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Listed by: Lauren VanWie, RE/MAX Aerospace Realty
Last Updated: 4 months ago
Data Source: Space Coast MLS, MLS# 888754
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.
Last Updated: 4 months ago
Data Source: Space Coast MLS, MLS# 888754
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