2405 Malabar Rd Malabar, FL 32950
Malabar Neighborhood
2.88
Acres
$55,556
Price per Acre
125,453
Sq Ft Lot
Highlights
- 2.88 Acre Lot
- Corner Lot
- No HOA
About This Lot
As of February 2025The perfect canvas for your dream home or investment project. This 2.88-acre lot, nestled in the equestrian town of Malabar offers the ideal blend of privacy and proximity to nature. Located just minutes from the Indian River, this property provides easy access to breathtaking water views, boating, and outdoor activities. The size of this lot offers endless possibilities to build your custom estate, create a hobby farm, or build multiple homes for resale. With nearby parks, trails, and local amenities, you'll experience the best of small-town charm while still being close to the conveniences of Palm Bay and Melbourne.
Property Details
Property Type
- Land
Est. Annual Taxes
- $2,341
Lot Details
- 2.88 Acre Lot
- Corner Lot
Home Design
- Asphalt
Schools
- Port Malabar Elementary School
- Stone Middle School
- Palm Bay High School
Utilities
- Well
Community Details
- No Home Owners Association
- Snedekers Subd Of Malabar Subdivision
Listing and Financial Details
- Assessor Parcel Number 28-38-31-54-0000b.0-0001.00
- Seller Concessions Not Offered
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/26/2025 02/26/25 | Sold | $160,000 | -3.0% | -- |
| 02/18/2025 02/18/25 | Pending | -- | -- | -- |
| 01/25/2025 01/25/25 | For Sale | $165,000 | 0.0% | -- |
| 01/17/2025 01/17/25 | Pending | -- | -- | -- |
| 01/08/2025 01/08/25 | For Sale | $165,000 | +50.0% | -- |
| 11/30/2020 11/30/20 | Sold | $110,000 | -20.9% | -- |
| 11/13/2020 11/13/20 | Pending | -- | -- | -- |
| 07/18/2020 07/18/20 | For Sale | $139,000 | 0.0% | -- |
| 07/04/2020 07/04/20 | Pending | -- | -- | -- |
| 05/15/2020 05/15/20 | For Sale | $139,000 | +46.3% | -- |
| 08/07/2018 08/07/18 | Sold | $95,000 | 0.0% | -- |
| 07/10/2018 07/10/18 | Pending | -- | -- | -- |
| 03/15/2018 03/15/18 | For Sale | $95,000 | -- | -- |
Source: Space Coast MLS (Space Coast Association of REALTORS®)
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2023 | $2,251 | $158,400 | $0 | $0 |
| 2022 | $1,851 | $123,840 | $0 | $0 |
| 2021 | $1,527 | $106,560 | $106,560 | $0 |
| 2020 | $1,546 | $106,560 | $106,560 | $0 |
| 2019 | $1,484 | $100,800 | $100,800 | $0 |
| 2018 | $1,329 | $92,160 | $92,160 | $0 |
| 2017 | $1,213 | $19,440 | $0 | $0 |
| 2016 | $1,251 | $77,760 | $77,760 | $0 |
| 2015 | $1,295 | $77,760 | $77,760 | $0 |
| 2014 | $1,286 | $77,760 | $77,760 | $0 |
Source: Public Records
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $160,000 | Supreme Title Closings | |
| Warranty Deed | $160,000 | Supreme Title Closings | |
| Warranty Deed | $110,000 | State Title Partners Llp | |
| Warranty Deed | $95,000 | State Titel Partners Llp | |
| Warranty Deed | -- | Attorney | |
| Warranty Deed | -- | None Available |
Source: Public Records
Similar Property in Malabar, FL
Source: Space Coast MLS (Space Coast Association of REALTORS®)
MLS Number: 1033551
APN: 28-38-31-54-0000B.0-0001.00
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