See Home Value
Malabar 32950
2480 Malabar Road
$300,000
● House - Off Market

2480 Malabar Road

Malabar, FL 32950
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,444 Ft²
$1,871
Est. Monthly
5.05%
Cap Rate

About This Property

Welcome to 2480 Malabar Road, a property brimming with potential in the charming town of Malabar, Florida. This home offers a cozy and comfortable living space with two bedrooms and two bathrooms, providing a perfect retreat for those seeking a peaceful lifestyle.  As you approach the property, you'll notice the unique feature of a 536 square foot two-car garage that has been partially converted into additional living space. The concrete has been raised to the home's main level, maximizing the usable area and offering flexibility for customization. Situated on over an acre of land with frontage on Malabar Road, the property enjoys excellent visibility and accessibility. potential of this property is sure to catch your attention. The home features a covered patio in the back, perfect for enjoying the Florida sunshine or hosting outdoor gatherings. In addition to the converted garage, there is a detached garage and workshop, providing ample space for storage, hobbies, or projects. Several updates have been made throughout the property to enhance its functionality and efficiency. The air conditioning system was replaced in 2017, ensuring a comfortable indoor climate, while the 2021 tankless Rheem hot water heater offers convenience and energy savings. The water treatment system has also been replaced, ensuring the water quality meets your standards. The pantry has been converted into a large utility/laundry room, adding practicality and convenience to everyday chores. New exterior lighting has been installed in the patio and rear of the home, increasing safety and enhancing the aesthetic appeal. Additionally, new gutters and fascia have been added, providing protection from the elements. For those who prioritize sustainability, there are six rain barrels, allowing you to collect and utilize rainwater for irrigation. With no HOA restrictions, you have the freedom to personalize and make this property your own. While the home does require some tender loving care, it is priced accordingly, presenting an excellent opportunity for the discerning buyer who is not afraid to roll up their sleeves and bring their vision to life. In summary, 2480 Malabar Road offers an expansive lot with commercial potential, a partially converted garage for additional living space, and a host of updates that add value and convenience. This property presents endless possibilities and the chance to create a space tailored to your unique needs and aspirations. Don't miss out on this rare opportunity in Malabar, Florida!
Unit Size
1,444 Ft²
Days on Market
117 days
Land Size
1.11 acres
Price per sqft
$218
Property Type
House
Property Taxes
$324
HOA Dues
-
Year Built
1964

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Last updated: 3 months ago (Space Coast MLS #1005300)

Price History

Date / Event Date Event Price
Jun 13, 2024 Sold
Sold
Apr 26, 2024 In contract -
In contract
Apr 5, 2024 No longer available -
No longer available
Feb 27, 2024 Listed by EXP REALTY LLC $315,000
Listed by EXP REALTY LLC
Welcome to 2480 Malabar Road, a property brimming with potential in the charming town of Malabar, Florida. This home offers a cozy and comfortable living space with two bedrooms and two bathrooms, providing a perfect retreat for those seeking a peaceful lifestyle. As you approach the property, you'll notice the unique feature of a 536 square foot two-car garage that has been partially converted into additional living space. The concrete has been raised to the home's main level, maximizing the usable area and offering flexibility for customization. With this zoning of RU/CL, Commercial Limited use is permitted, opening up exciting possibilities for home-based businesses or commercial ventures. Situated on over an acre of land with frontage on Malabar Road, the property enjoys excellent visibility and accessibility. Whether you're considering establishing a home office, showcasing your artistic creations, or exploring entrepreneurial opportunities, the commercial The manager has listed the unit size as 1444 square feet.
Feb 13, 2024 Listed by EXP Realty LLC $315,000
Listed by EXP Realty LLC
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Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 2000
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 536
  • Parking Space Count: 1
  • Patio Type: 38
  • Porch Type: 126
  • Pool Type: 0
  • Location Influence Type: 149

    Dimensions

  • Lot Size Square Feet: 48,352
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 983
  • Total Building Area: 2,304
  • Gross Building Area: 2,304
  • Building Area: 1,444
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,444
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SNEDEKERS SUBD OF MALABAR
  • Land Acres: 0000001110
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: SNEDEKERS SUBD OF MALABAR LOTS 1,2,41 TO 45 BLK 3

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 065231

Zoning

  • Zoning: OI

Geography

  • Assessors Map Reference: 380
  • Account Number: 2851118
  • Parcel: 28-38-31-54-00003.0-0001.00
  • Block: 3
  • Lot: 1
  • Meridian: SEC 31 TWN 28S RNG 38E
  • Municipality: MALABAR
  • Latitude: 28.0021
  • Longitude: -80.571

    Address

  • Full Address: 2480 Malabar Rd
  • Address - House Number: 2480
  • Address - Street Name: Malabar
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Malabar
  • Carrier Code: R001
  • 4-Digit Zip Code: 4424
  • Zip Code: 32950

Valuation

    Tax

  • Total Area: 1,847
  • Tax Year: 2022
  • Tax Amount: $388,443
  • Tax Rate Code Area: 34Z0

    Appraisal Valuation

  • Standard Deviation: 0.0843
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 93
  • Final Value: 316,896
  • High Value: 343,641
  • Low Value: 290,152

    Market Valuation

  • Market Total Value: $288,950

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $288,950

    Sales

  • Current Sale Contract Date: Jul 22, 2021
  • Current Sale Recording Date: Jul 23, 2021
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021190528
  • Previous Sale Recording Date: Sep 20, 2002
  • Previous Sale Contract Date: Sep 10, 2002
  • Previous Sale Amount: $118,800
  • Previous Sale Document Type: 71

    Previous Mortgages

  • Previous Mortgage Lender:
  • Previous Mortgage Transaction Date:
  • Previous Mortgage Loan Amount:
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Malabar


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Frequently Asked Questions

When was property at 2480 Malabar Road built and last sold?
The property at 2480 Malabar Road was built in 1964 and last sold on Jul 22, 2021 for $300,000.
How much is this home worth?
The estimated value of the home located at 2480 Malabar Road is $0.
What are some comparable homes to 2480 Malabar Road?
There are currently no comparable homes to 2480 Malabar Road.