See Home Value
$230,000
● House - Off Market

3245 Reef Road SE

Palm Bay, FL 32909
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,216 Ft²
$1,414
Est. Monthly
8.37%
Cap Rate

About This Property

Time for new beginnings and a NEW ROOF [to be installed before closing] for this 2004 block construction home, nestled on a generous corner, pie lot with no HOA and .43 of an acre - you'll have plenty of space: room for activities, Fido, the kids, your toys, or all of the above. The split floorplan offers tons of natural light, and modern conveniences like an open kitchen, dining and living space, vaulted ceilings, storm shutters, indoor laundry, a breakfast bar and pantry, with tons of potential to update to your preference and add your own personal touches. Quick, easy access to I-95 and about 30 minutes to public beach access!
Unit Size
1,216 Ft²
Days on Market
61 days
Land Size
0.43 acres
Price per sqft
$214
Property Type
House
Property Taxes
$137
HOA Dues
-
Year Built
2004

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Cap Rate Calculator

Last updated: 7 months ago (Space Coast MLS #1041209)

Price History

Date / Event Date Event Price
May 28, 2025 Sold
Sold
Apr 1, 2025 In contract -
In contract
Mar 25, 2025 Listed by Blue Marlin Real Estate $260,000
Listed by Blue Marlin Real Estate
Feb 4, 2004 Sold
Sold
Jun 19, 2003 Sold
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2013
  • Building Count: 1
  • Bedroom Count: 3
  • 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: 428
  • Parking Space Count: 2
  • Patio Type: 5
  • Porch Type: 126
  • Pool Type: 0
  • Location Influence Type: 179

    Dimensions

  • Lot Size Square Feet: 18,731
  • Lot Size Depth Feet: 1,960
  • Lot Size Frontage Feet: 950
  • Total Building Area: 1,676
  • Gross Building Area: 1,676
  • Building Area: 1,216
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,216
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PORT MALABAR UNIT 24
  • Land Acres: 0000000430
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: PORT MALABAR UNIT 24 LOT 8 BLK 1216

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 071346

Zoning

  • Zoning: RS2

Geography

  • Assessors Map Reference: 453
  • Account Number: 2949998
  • Parcel: 29-37-32-GU-01216.0-0008.00
  • Block: 1216
  • Lot: 8
  • Meridian: SEC 32 TWN 29S RNG 37E
  • Municipality: PALM BAY
  • Latitude: 27.913
  • Longitude: -80.6443

    Address

  • Full Address: 3245 Reef Rd Se
  • Legal Unit: 24
  • Address - House Number: 3245
  • Street Segment Direction: SE
  • Address - Street Name: Reef
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Palm Bay
  • Carrier Code: R097
  • 4-Digit Zip Code: 7514
  • Zip Code: 32909

Valuation

    Tax

  • Total Area: 1,481
  • Tax Year: 2022
  • Tax Amount: $151,450
  • Tax Rate Code Area: 34U0

    Appraisal Valuation

  • Standard Deviation: 0.1809
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 76
  • Final Value: 281,440
  • High Value: 332,364
  • Low Value: 230,517

    Market Valuation

  • Market Total Value: $186,190

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $119,110

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 30, 2004
  • Current Sale Recording Date: Feb 04, 2004
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2004033485
  • Previous Sale Recording Date: Jun 19, 2003
  • Previous Sale Contract Date: Jun 10, 2003
  • Previous Sale Amount: $5,400
  • Previous Sale Document Type: 71
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 Port Malabar


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Frequently Asked Questions

When was property at 3245 Reef Road Southeast built and last sold?
The property at 3245 Reef Road Southeast was built in 2004 and last sold on Jan 30, 2004 for $88,000.
How much is this home worth?
The estimated value of the home located at 3245 Reef Road Southeast is $261,739.
What are some comparable homes to 3245 Reef Road Southeast?
There are currently no comparable homes to 3245 Reef Road Southeast.