Short Sale. Short Sale... Discover a rare opportunity to own a versatile property offering space, flexibility, and long-term potential in the heart of Palm Bay. Situated on an expansive double lot totaling nearly half an acre, this unique residence combines comfortable everyday living with exceptional options for multigenerational living, guest accommodations, or income potential.
The main home features 2 spacious bedrooms and 2.5 bathrooms, designed for both comfort and functionality. The layout includes generous living areas ideal for entertaining or relaxing, along with a convenient Jack-and-Jill bathroom configuration that enhances flow and privacy. With approximately 1,200 square feet of living space, the home offers an efficient footprint while maintaining a comfortable and open feel.
A standout feature of this property is the detached oversized two-car garage complete with its own electrical panel and loft above—providing incredible flexibility. The loft space can easily be transformed into a private guest house, in-law suite, home office, studio, or additional storage, giving future owners the ability to customize the property to fit their lifestyle or investment goals. Plans for the garage are available.
Major system updates provide peace of mind and improved efficiency, including a new roof installed in November 2023, new A/C in June 2024, and solar panels added in May 2024, helping reduce long-term operating costs and enhance sustainability. The septic system has also been recently serviced, ensuring the property is ready for its next chapter.
Surrounded by mature trees and located in the established Port Malabar community, this property offers the perfect balance of privacy, space, and convenience. Whether you’re seeking a primary residence with room to grow, a multigenerational living solution, or a property with future income potential, this home delivers unmatched versatility and opportunity.
Property Highlights: Double lot totaling approximately 0.46 acres, 2 bedrooms | 2.5 bathrooms in main residence, Detached 2-car garage with loft—ideal for guest suite, office, or in-law quarters, New roof (2023), new A/C (2024), and solar panels (2024), Spacious living areas with functional layout, No HOA and endless potential for customization
This is more than a home—it’s a strategic opportunity to create value, expand functionality, and design a living environment tailored to your needs.
Property Details
- Interior
- Ceiling Fans(s), Eat-in Kitchen, Primary Bedroom Main Floor
- Heating
- Central, Electric
- Cooling Features
- Central Air
- Bedrooms
- 2
- Bathrooms
- 2.5
- Full Baths
- 2
- Half Baths
- 1
- Lot Features
- Cleared, Oversized Lot
- Lot Description
- Cleared, Oversized Lot
- Exterior Materials
- Storage
- Acres
- 0.46
- Square Feet
- 2936.0
- Parking
- 1
- Parking Spaces
- 2
- Parking Type
- Garage
- Parking Garage Spaces
- 2.0
- Property Type
- Purchase
- Year Built
- 1981
- Foundation
- Slab
- Roof
- Shingle
- Sewer Information
- Septic Tank
- Utility Source
- Public, Well
- Utility Features
- BB/HS Internet Available, Cable Available, Electricity Connected, Water Connected
- Appliances
- Dishwasher, Microwave, Range, Refrigerator
- Subdivision
- PORT MALABAR UNIT 16
- County
- Brevard
- Region
- PALM BAY
- Zoning
- SFR
- Original List Price
- $319,900
- Days on Market (Cumulative)
- 115
- Taxes Annual
- $933
- Ownership
- Fee Simple
- MLS #
- FC316348
Location
Legal
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. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: George Fleischmann | AveNew Realty
Provided By
Listed by Garrett Decker (#MFR256503111)
Listing Office: NAVY TO NAVY HOMES LLC (#MFR270524858)
