See Home Value
$280,000
● House - Off Market

597 Balcom Terrace SE

Palm Bay, FL 32909
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,975 Ft²
$1,817
Est. Monthly

About This Property

Investor opportunity or ideal for a buyer ready to customize and unlock significant upside. Situated on a desirable.31-acre corner lot; this 3 Bedroom & 3 full-bathrooms home offers a spacious layout & strong value-add potential. Inside, you'll find vaulted ceilings, skylights for natural light, a wood-burning stone fireplace anchoring the family room plus a bay window in the living room. Two dining areas provide versatility, while the enclosed air-conditioned porch adds valuable flex space. A spacious primary bathroom features dual sinks, a soaking tub & a separate walk-in shower. Functional perks include a dedicated laundry room with a utility sink & custom cabinetry. Connected to city water with NO HOA or deed restrictions. Plenty of room to park a boat or RV, or design the backyard oasis of your vision with space for a pool. Whether renovating or renting, this property checks the boxes for a smart investment!
Unit Size
1,975 Ft²
Days on Market
75 days
Land Size
0.31 acres
Price per sqft
$142
Property Type
House
Property Taxes
$442
HOA Dues
-
Year Built
1992

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Last updated: 5 months ago (Space Coast MLS #1075399)

Price History

Date / Event Date Event Price
Jul 6, 2026 Sold
Sold
May 26, 2026 In contract -
In contract
Apr 22, 2026 Listed by Misty Morrison Real Estate $280,000
Listed by Misty Morrison Real Estate

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 2008
  • 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: 400
  • Parking Space Count: 2
  • Patio Type: 5
  • Porch Type: 35
  • Pool Type: 0
  • Location Influence Type: 179

    Dimensions

  • Lot Size Square Feet: 13,504
  • Lot Size Depth Feet: 1,270
  • Lot Size Frontage Feet: 1,080
  • Total Building Area: 2,811
  • Gross Building Area: 2,811
  • Building Area: 1,975
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,975
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PORT MALABAR UNIT 50
  • Land Acres: 0000000310
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: PORT MALABAR UNIT 50 LOT 11 BLK 2684

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 071345

Zoning

  • Zoning: RS2

Geography

  • Assessors Map Reference: 412
  • Account Number: 2937806
  • Parcel: 29-37-18-JR-02684.0-0011.00
  • Block: 2684
  • Lot: 11
  • Meridian: SEC 18 TWN 29S RNG 37E
  • Municipality: PALM BAY
  • Latitude: 27.9678
  • Longitude: -80.6565

    Address

  • Full Address: 597 Balcom Ter Se
  • Legal Unit: 50
  • Address - House Number: 597
  • Street Segment Direction: SE
  • Address - Street Name: Balcom
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Palm Bay
  • Carrier Code: R099
  • 4-Digit Zip Code: 6576
  • Zip Code: 32909

Valuation

    Tax

  • Total Area: 2,507
  • Tax Year: 2022
  • Tax Amount: $339,217
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 34U0

    Appraisal Valuation

  • Standard Deviation: 0.1809
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 76
  • Final Value: 368,425
  • High Value: 435,088
  • Low Value: 301,763

    Market Valuation

  • Market Total Value: $250,190

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $237,930

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes
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 597 Balcom Terrace Southeast built and last sold?
The property at 597 Balcom Terrace Southeast was built in 1992 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 597 Balcom Terrace Southeast is $288,596.
What are some comparable homes to 597 Balcom Terrace Southeast?
There are currently no comparable homes to 597 Balcom Terrace Southeast.