When was property at 975 Commerce Road Southeast built and last sold?

The property at 975 Commerce Road Southeast was built in 1981 and last sold on Sep 24, 2021 for $3,055,000.

How much is this home worth?

The estimated value of the home located at 975 Commerce Road Southeast is $200,016.

What are some comparable homes to 975 Commerce Road Southeast?

There are currently no comparable homes to 975 Commerce Road Southeast.

Palm Bay

32909

Port Malabar

975 Commerce Road SE

$199,000

● House - Off Market

975 Commerce Road SE

Palm Bay, FL 32909

2 Beds

1 Bath

864 Ft²

$1,161

Est. Monthly

12.72%

Cap Rate

About This Property

ADORABLE COTTAGE located in a great area with a lot of new homes. Home is completely redone with so many upgrades: tile floors, base boards, interior doors, light fixtures, windows double pane(non-impact), and so much more. NEW kitchen offers all wood cabinets white subway tile backsplash and granite counter. Bathroom all redone with nice light tile and vanity! THIS IS THE BEST DEAL IN SE PALM BAY UNDER 200K!! WON'T LAST LONG! Tenant occupied until June 30th.

Unit Size

864 Ft²

Days on Market

76 days

Land Size

0.23 acres

Price per sqft

$230

Property Type

House

Property Taxes

$184

HOA Dues

Year Built

1981

Payment Calculator

Cap Rate Calculator

Last updated: 6 months ago (Space Coast MLS #1040590)

Price History

Date / Event	Date	Event
Jun 3, 2025	Sold	Premium
Sold
Apr 29, 2025	In contract	-
In contract
Apr 28, 2025	Price Increased	$199,000 ↑ $10K (5.3%)
Price Increased
Apr 25, 2025	Relisted	$189,000
Relisted
Apr 16, 2025	In contract	-
In contract
Apr 11, 2025	Price Decreased	$189,000 ↓ $10K (5%)
Price Decreased
Mar 19, 2025	Listed by RE/MAX Alternative Realty	$199,000
Listed by RE/MAX Alternative Realty
Oct 1, 2021	Sold	Premium
Sold
May 18, 2021	Sold	Premium
Sold
Aug 23, 2004	Sold	Premium
Sold

Property Highlights

Garage

Air Conditioning

Building Info

Overview

General

Year Built: 1981

Effective Year Built: 2002
Building Count: 1
Bedroom Count: 2
Bathroom Count: 1
Full Bathrooms: 1
Partial Bathrooms: 1
Bathroom Plumbing Fixtures: 5
Building Condition: 0
Building Quality: 10
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: 288
Parking Space Count: 1
Patio Type: 17
Porch Type: 0
Pool Type: 0
Location Influence Type: 179

Dimensions

Lot Size Square Feet: 10,019

Lot Size Depth Feet: 1,250
Lot Size Frontage Feet: 800
Total Building Area: 1,152
Gross Building Area: 1,152
Building Area: 864
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 3
Heated Square Feet: 864
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: PORT MALABAR UNIT 12
Land Acres: 0000000230
Standard Land Use Code: 1001
County Land Use Code: 0110
State Land Use Code: 001
Legal Description 1: PORT MALABAR UNIT 12 LOT 3 BLK 500

Neighborhood

School District Name: Brevard County School District

Census Tract: 071341

Zoning

Zoning: RS2

Geography

Assessors Map Reference: 400

Account Number: 2926928
Parcel: 29-37-07-GN-00500.0-0003.00
Block: 500
Lot: 3
Meridian: SEC 07 TWN 29S RNG 37E
Municipality: PALM BAY
Latitude: 27.9751
Longitude: -80.6622

Address

Full Address: 975 Commerce Rd Se

Legal Unit: 12
Address - House Number: 975
Street Segment Direction: SE
Address - Street Name: Commerce
Address - Suffix Type: Rd
State: FL
City Name: Palm Bay
Carrier Code: R023
4-Digit Zip Code: 4732
Zip Code: 32909

Valuation

Tax

Total Area: 1,037

Tax Year: 2022
Tax Amount: $278,398
Tax Rate Code Area: 54U0

Appraisal Valuation

Standard Deviation: 0.2236

Valuation Date: Jan 03, 2024
Confidence Score: 69
Final Value: 218,742
High Value: 267,660
Low Value: 169,825

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

Premium
First Open Lien Mortgage Lender:

Premium
First Open Lien Mortgage Recording Date:

Premium
First Open Lien Mortgage Loan Amount:

Premium
First Open Lien Mortgage Term:

Premium
First Open Lien Mortgage Position:

Premium
First Open Lien Mortgage Loan Type:

Premium

Market Valuation

Market Total Value: $144,480

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $144,480

Sales

Current Sale Contract Date: Sep 24, 2021

Current Sale Recording Date: Oct 01, 2021
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 2021256585
Previous Sale Recording Date: May 18, 2021
Previous Sale Contract Date: May 14, 2021
Previous Sale Amount: $120,000
Previous Sale Document Type: 71

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

Premium
First Mortgage Loan Amount:

Premium
First Mortgage Terms:

Premium
First Mortgage Loan Type:

Premium

Previous Mortgages

Previous Mortgage Lender:

Premium

Previous Mortgage Transaction Date:

Premium
Previous Mortgage Financing Type:

Premium
Previous Mortgage Loan Amount:

Premium
Previous Mortgage Term:

Premium
Previous Mortgage Loan Type:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Port Malabar

Stats & Trends

Median Asking:

$329,168

Sale Price/ft²

$193

Above Asking

0.73%

Average Days on Market

Average Home Size

1807 ft²

Average Home Age

14.5 years

Currently For Sale

1006 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 1729 Gould Avenue Sw, Palm Bay, FL, 32908

$2,500 /mo

4 Beds
2 Baths
1,975 ft²

1729 Gould Avenue Sw, Palm Bay, FL, 32908 Listing by Chelsea Elaine Kolleda

Unit for rent at 219 Wilton Avenue Sw, Palm Bay, FL, 32908

$2,400 /mo

3 Beds
2 Baths
1,149 ft²

219 Wilton Avenue Sw, Palm Bay, FL, 32908 Listing by Lisa Campbell

Unit for rent at 340 Dolphin Street Se, Palm Bay, FL, 32909

$2,200 /mo

4 Beds
2 Baths
1,784 ft²

340 Dolphin Street Se, Palm Bay, FL, 32909 Listing by Sandi Morgan

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Jack Taylor, RE/MAX Alternative Realty
Last Updated: 6 months ago
Data Source: Space Coast MLS, MLS# 1040590

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.

975 Commerce Road SE

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Port Malabar

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions