$280,000
Palm Bay, FL 32909
MLS# 1075399
3 beds | 3 baths
1 / 46
Property Description
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!
Details
Maps
Currently Not Used
Homestead YN: No
Location, Tax, and Legal
Tax Account: 2937806
Parcel Number: 29-37-18-Jr-02684.0-0011.00
General County Location: South
Elementary School: Columbia
Middle School: Southwest
High School: Bayside
Tax Annual Amount: 5305.13
Tax Year: 2025
Tax Legal Description: PORT MALABAR UNIT 50 LOT 11 BLK 2684
Directions: Head south on Babcock St SE. Turn right onto Malabar Rd SE (FL-514). Continue west on Malabar Rd for about 1.5 miles. Turn left onto Eldron Blvd SE. Turn right onto Jupiter Blvd SE. Turn left onto De Groodt Rd SE. Turn right onto Balcom Terrace SE, home will be on the right.
General Property Information
Bathrooms Half: 0
Living Area: 1975
Living Area Source: Public Records
Lot Size Acres: 0.31
Lot Size Square Feet: 13504
Accessibility Features YN: No
Association YN: No
New Construction YN: No
Garage YN: Yes
Garage Spaces: 2
Carport YN: No
Waterfront YN: No
Senior Community YN: No
CDD Fee YN: No
Community Fee(s) YN: No
Furnished: Unfurnished
Stories: 1
Direction Faces: South
Pool Private YN: No
List Price/SqFt: 141.77
Bedrooms Total: 3
Bathrooms Total: 3
Bathrooms Full: 3
Year Built: 1992
Remarks and Miscellaneous
Public Remarks: 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!
Appliances
Dishwasher: 1
Disposal: 1
Electric Oven: 1
Electric Range: 1
Electric Water Heater: 1
Microwave: 1
Refrigerator: 1
Architectural Style
Ranch: 1
Closing Company Details
Closing Company Name: State Title-Jennifer Hodl(321) 985-5615; jenniferh@statetitlepartners.net
Closing Company Address: 300 E Fee Ave. Melbourne 32901
Construction Materials
Block: 1
Concrete: 1
Stucco: 1
Cooling
Central Air: 1
Electric: 1
Current Use
Residential: 1
Single Family: 1
Fencing
Back Yard: 1
Chain Link: 1
Fenced: 1
Fireplace Features
Fireplaces Total: 1
Wood Burning: 1
Flooring
Laminate: 1
Tile: 1
Heating
Central: 1
Electric: 1
Interior Features
Breakfast Bar: 1
Breakfast Nook: 1
Ceiling Fan(s): 1
Entrance Foyer: 1
Primary Bathroom -Tub with Separate Shower: 1
Skylight(s): 1
Vaulted Ceiling(s): 1
Walk-In Closet(s): 1
Laundry Features
Sink: 1
Legal Details
Permission Granted to Advertise: Yes
Levels
One: 1
Listing Terms
Cash: 1
Conventional: 1
FHA: 1
VA Loan: 1
Lot Features
Corner Lot: 1
Other Structures
Shed(s): 1
Parking Features
Attached: 1
Garage: 1
Patio And Porch Features
Patio: 1
Rear Porch: 1
Pets Allowed
Yes: 1
Possession
Close Of Escrow: 1
Road Frontage Type
City Street: 1
Road Surface Type
Asphalt: 1
Paved: 1
Roof
Shingle: 1
Sewer
Septic Tank: 1
Special Listing Conditions
Standard: 1
Utilities
Cable Available: 1
Electricity Connected: 1
Water Connected: 1
Water Source
Public: 1
Showing Requirements
Appointment Only: 1
Showing Service: 1
Showing Considerations
Occupied: 1
Property Condition
Fixer: 1
Rental Restrictions
No Minimum: 1
Contract Information
Current Price: $280,000
Original List Price: 280000
List Price: $280,000
Status: Active
Listing Contract Date: 2026-04-22
Property Sub Type: Single Family Residence
Location Tax and Legal
Street Number: 597
Street Name: Balcom
Street Suffix: Terrace
Street Direction Suffix: SE
County: Brevard
State: FL
Postal Code: 32909
MLS Area Major: 343 - SE Palm Bay
Subdivision Name: Port Malabar Unit 50
Status Change Information
Major Change Timestamp: 2026-04-22T19:57:28Z
Major Change Type: New Listing
Status Change Timestamp: 2026-04-22
Property Features
Appliances: Dishwasher; Disposal; Electric Oven; Electric Range; Electric Water Heater; Microwave; Refrigerator
Architectural Style: Ranch
Construction Materials: Block; Concrete; Stucco
Cooling: Central Air; Electric
Current Use: Residential; Single Family
Fencing: Back Yard; Chain Link; Fenced
Fireplace Features: Wood Burning
Flooring: Laminate; Tile
Heating: Central; Electric
Interior Features: Breakfast Bar; Breakfast Nook; Ceiling Fan(s); Entrance Foyer; Primary Bathroom -Tub with Separate Shower; Skylight(s); Vaulted Ceiling(s); Walk-In Closet(s)
Laundry Features: Sink
Levels: One
Listing Terms: Cash; Conventional; FHA; VA Loan
Lot Features: Corner Lot
Other Structures: Shed(s)
Parking Features: Attached; Garage
Patio And Porch Features: Patio; Rear Porch
Pets Allowed: Yes
Possession: Close Of Escrow
Property Condition: Fixer
Rental Restrictions: No Minimum
Road Frontage Type: City Street
Road Surface Type: Asphalt; Paved
Roof: Shingle
Sewer: Septic Tank
Showing Requirements: Appointment Only; Showing Service
Special Listing Conditions: Standard
Utilities: Cable Available; Electricity Connected; Water Connected
Water Source: Public
Showing Considerations: Occupied
Listing Office: Misty Morrison Real Estate
Last Updated: April - 22 - 2026
Information is deemed to be reliable, but is not guaranteed.