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!
Under contract
$280,000
597 Balcom Ter SE, Palm Bay, FL 32909
3beds
1,975sqft
Single Family Residence
Built in 1992
0.31 Acres Lot
$272,400 Zestimate®
$142/sqft
$-- HOA
What's special
Skylights for natural lightVaulted ceilingsSoaking tubSeparate walk-in shower
- 74 days |
- 77 |
- 4 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Misty A Morrison 321-288-0879,
Misty Morrison Real Estate
Source: Space Coast AOR,MLS#: 1075399
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Central, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Dishwasher, Disposal, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator
- Laundry: Sink
Features
- Breakfast Bar, Breakfast Nook, Ceiling Fan(s), Entrance Foyer, Primary Bathroom -Tub with Separate Shower, Vaulted Ceiling(s), Walk-In Closet(s)
- Flooring: Laminate, Tile
- Windows: Skylight(s)
- Number of fireplaces: 1
- Fireplace features: Wood Burning
Interior area
- Total interior livable area: 1,975 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Attached, Garage
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio, Rear Porch
- Fencing: Back Yard,Chain Link,Fenced
Lot
- Size: 0.31 Acres
- Features: Corner Lot
Details
- Additional structures: Shed(s)
- Additional parcels included: 2937806
- Parcel number: 293718Jr02684.00011.00
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Block, Concrete, Stucco
- Roof: Shingle
Condition
- Fixer
- New construction: No
- Year built: 1992
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Water Connected
Community & HOA
Community
- Subdivision: Port Malabar Unit 50
HOA
- Has HOA: No
Location
- Region: Palm Bay
Financial & listing details
- Price per square foot: $142/sqft
- Tax assessed value: $288,230
- Annual tax amount: $5,305
- Date on market: 4/22/2026
- Listing terms: Cash,Conventional
- Road surface type: Asphalt, Paved
Estimated market value
$272,400
$259,000 - $286,000
$2,472/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/26/2026 | Contingent | $280,000$142/sqft |
Source: Space Coast AOR #1075399 Report a problem | ||
| 4/22/2026 | Listed for sale | $280,000$142/sqft |
Source: Space Coast AOR #1075399 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,305 +34.8% | $288,230 +6.8% |
| 2024 | $3,936 +3.7% | $269,960 -0.3% |
| 2023 | $3,795 +11.9% | $270,830 +13.8% |
| 2022 | $3,392 +4.7% | $237,930 +14.8% |
| 2021 | $3,241 -11.6% | $207,210 +10.2% |
| 2020 | $3,668 -1.9% | $188,000 +3.5% |
| 2019 | $3,738 | $181,610 +8.2% |
| 2018 | $3,738 +8.9% | $167,790 +15.8% |
| 2017 | $3,434 +7.1% | $144,860 +6.3% |
| 2016 | $3,207 +14.2% | $136,240 +23.5% |
| 2015 | $2,807 +19.5% | $110,330 +10% |
| 2014 | $2,350 | $100,300 +16.4% |
| 2013 | -- | $86,190 +8.9% |
| 2012 | $752 -4.2% | $79,160 -2.1% |
| 2011 | $786 -43.7% | $80,850 -24% |
| 2010 | $1,395 +9% | $106,380 -18.6% |
| 2009 | $1,280 +22.2% | $130,690 -18.8% |
| 2008 | $1,048 -16.6% | $161,000 -20.7% |
| 2007 | $1,256 -5.6% | $203,000 +7.5% |
| 2005 | $1,331 -4.7% | $188,790 +40.9% |
| 2004 | $1,397 -2.4% | $133,960 +24.7% |
| 2003 | $1,432 +0.5% | $107,420 +8.2% |
| 2002 | $1,425 +0.1% | $99,240 +6% |
| 2001 | $1,423 +3.8% | $93,620 +8.6% |
| 2000 | $1,372 | $86,220 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 32909
Nearby schools
GreatSchools rating
- 6/10Columbia Elementary SchoolGrades: PK-6Distance: 1.1 mi
- 3/10Southwest Middle SchoolGrades: 7-8Distance: 1.6 mi
- 3/10Bayside High SchoolGrades: 9-12Distance: 1.7 mi
Schools provided by the listing agent
- Elementary: Columbia
- Middle: Southwest
- High: Bayside
Source: Space Coast AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Florida
- Brevard County
- Palm Bay
- 32909
- 597 Balcom Ter SE
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