534 Rheine Road
Palm Bay, FL 32907
3
Bed
2
Bath
1,130Sqft
0.23Acre(Lot)
Investor Special! Nestled in a quiet, established neighborhood with mature landscaping, this 3-bedroom, 2-bath home offers great potential for the savvy investor or renovator. The split floor plan provides a functional layout, and the convenient location puts you just minutes from shopping, dining, and easy access to I-95. The former one-car garage has been converted into an additional bedroom and could be converted back if desired. Cash buyers only. Utilities are currently off, with no electric or water service available for inspections. Drive-by viewings are welcome, but an appointment is required for interior access. Bring your vision and transform this fixer-upper into something special! Roof 2011, AC 2005, Water Heater 2005.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedrooms: 3Bathroom Information
Total Baths: 2 Full Baths: 2Water/Sewer
Sewer: Septic Tank -
Flooring Information
Tile -
Roofing Information
Shingle -
Interior Features
Roof: Shingle Laundry Features: Washer Hookup -
Heating & Cooling
Heating: Central, Electric Cooling: Central Air, Electric WaterSource: Public
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Building Information
Year Built: 1986 Construction Materials: Frame, Stucco Roof: Shingle -
Road Types
Asphalt, Paved -
Laundry Features
Washer Hookup
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Lot Information
Lot Description: Other Lot Size Area: 0.23 Acres Lot Square Feet: 10,019 Stories: 1 Main Square Feet: 1130Property Information
Property Type: Residential Sub Type: Single Family Residence SQ ft (Living Area): 1,130 Subdivision: Port Malabar Unit 48 MLS Area Minor: 344 - NW Palm Bay Source Neighborhood: Port Malabar Unit 48 Construction Materials: Frame, Stucco Property Age: 40
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Listing Price Information
Listing Id: 1088777 ist Price: $165,000 List Price Tot SqFt: $146 Listing Terms Cash -
Listing Information
Possession: Close Of Escrow
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Tax Information
Parcel Number: 28-36-24-kr-02487.0-0033.00 Annual Tax: $3,204 Tax Year: 2025 Taxes: PORT MALABAR UNIT 48 LOT 33 BLK 2487
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Parking Information
# of Garage Spaces: 1 Has Garage: Yes Attached Garage: Yes Attached, Garage, Other
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School Information
Elementary School: LockmarElementary School District:Junior High School: CentralSenior High School: Heritage -
Utility Information
Cable Available, Electricity Available, Water Available -
Location Information
Direction: 95 South to Miami to Palm Bay Rd Exit 176 turn right, to Minton Rd NW, turn left to Emerson Dr, turn right to Ulm Rd turn left to Nienburg Ave to left to Rheine rd turn right
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1365 Gilroy Street, Palm Bay, FL, 32907 | $359,900 | 4 | 2 | 1,755 | -- |
| 2174 Dickens Street, Palm Bay, FL, 32907 | $269,900 | 3 | 2 | 1,242 | 10,890 Sq. Ft |
| 460 Veridian Circle, Palm Bay, FL, 32907 | $349,000 | 3 | 2 | 1,598 | 6,534 Sq. Ft |
| 1650 Alpha Street, Palm Bay, FL, 32907 | $259,000 | 2 | 1 | 1,053 | -- |
| 601 Antigua Street, Palm Bay, FL, 32907 | $465,000 | 3 | 2 | 2,196 | 21,344 Sq. Ft |
| 617 Thuringer Street, Palm Bay, FL, 32907 | $279,900 | 3 | 2 | 1,056 | -- |
| 1357 Sequoia Road, Palm Bay, FL, 32907 | $345,000 | 3 | 2 | 1,874 | 10,019 Sq. Ft |
| 190 Abalone Road, Palm Bay, FL, 32907 | $255,000 | 4 | 2 | 1,534 | 10,019 Sq. Ft |
| 251 Blossom Lane, Palm Bay, FL, 32907 | $150,000 | 3 | 2 | 1,288 | 0.10 Acre |
| 2488 Cyan Place, Palm Bay, FL, 32907 | $340,000 | 3 | 2 | 1,758 | 0.15 Acre |
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ByOwner last updated this listing 10/09/2026 @ 18:51
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