Lot/land

$50,000

1242 Malabar Rd SW, Palm Bay, FL 32907

--beds

--baths

10,018Square Feet

Unimproved Land

Built in ----

10,018 Square Feet Lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

RESIDENTIAL ZONED PROPERTY CONVENIENTLY LOCATED ALONG A MAIN THOROUGHFARE, OFFERING EASY ACCESS TO EVERYTHING! ALONG THE BUSTLING MALABAR RD CORRIDOR YOU WILL FIND A WONDERFUL VARIETY OF BIG NAME STORES, RESTAURANTS, BANKING AND MORE! THE ST. JOHN'S HERITAGE PARKWAY IS A 3-MINUTE TRIP, TAKING YOU TO US-192 AND I-95. ONE OF THE CITY'S LARGEST PARKS IS ALSO NEARBY, PRESENTING A PLAYGROUND, COMMUNITY CENTER, SPORTS FIELDS, AND PET AREA! THIS SITE UTILIZES WELL WATER AND SEPTIC.

20 days

33

0

Facts & features

Interior

Features

Has fireplace: No

Video & virtual tour

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Property

Features

Has view: Yes
View description: Trees/Woods, Other

Lot

Size: 10,018 Square Feet
Dimensions: 80 x 125
Features: Wooded

Details

Parcel number: 293603Kl01695.00008.00
Zoning description: Residential
Special conditions: Standard

Utilities & green energy

Sewer: Aerobic Septic
Water: Private, Well
Utilities for property: Sewer Not Available, Water Not Available

Community & HOA

Community

Subdivision: Port Malabar Unit 36

HOA

Has HOA: No

Location

Region: Palm Bay

Financial & listing details

Tax assessed value: $29,500
Annual tax amount: $302
Date on market: 7/16/2026
Listing terms: Cash
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
7/16/2026	Listed for sale	$50,000+4445.5%
Source: Space Coast AOR #1082738 Report a problem
6/30/1995	Sold	$1,100
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$303 +11.9%	$29,500 +15.7%
2024	$270 +11.1%	$25,500 +15.9%
2023	$243 +17.8%	$22,000 +15.8%
2022	$207 +35.6%	$19,000 +111.1%
2021	$152 +14.1%	$9,000 +28.6%
2020	$133 -23.7%	$7,000 +7.7%
2019	$175	$6,500 +18.2%
2018	$175 +6.7%	$5,500 +340%
2017	$164 +0.2%	$1,250 -72.2%
2016	$164 +61.8%	$4,500
2015	$101 +14.3%	$4,500 +21.6%
2014	$88	$3,700 +48%
2013	--	$2,500 -28.6%
2012	$84 -6.7%	$3,500 -6.7%
2011	$90 -16.1%	$3,750 -25%
2010	$108 -23.7%	$5,000 -28.6%
2009	$141 -58.2%	$7,000 -61.1%
2008	$338 -14.9%	$18,000 -18.2%
2007	$397 +27.9%	$22,000 +41.9%
2005	$311 +88.2%	$15,500 +106.7%
2004	$165 +223.1%	$7,500 +240.9%
2003	$51 -12.4%	$2,200 -12%
2002	$58 +0.6%	$2,500
2001	$58 +2%	$2,500
2000	$57	$2,500

Find assessor info on the county website

Monthly payment

Estimated monthly payment$1,822

Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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Climate risks

Neighborhood: 32907

Getting around

9 / 100

Car-Dependent

27 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

5/10
Jupiter Elementary School
Grades: PK-6Distance: 1.1 mi
5/10
Central Middle School
Grades: 7-8Distance: 5.1 mi
4/10
Heritage High School
Grades: 9-12Distance: 2.3 mi

Schools provided by the listing agent

Elementary: Jupiter
Middle: Central
High: Heritage

Source: Space Coast AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.