Under Contract

597 Balcom Terrace

Palm Bay, FL 32909

$280,000 $1,180/Mo

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Overview

Bed

Bath

1,975

Sqft

0.31

Acre(Lot)

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 oas is of your vision with space for a pool. Whether renovating or renting, this property checks the boxes for a smart investment!

Property Details

Property Type : Residential

Price : $280,000

AD Id : 77675202

MLS Id : 1075399

Beds : 3

Lot Size : 0.31 Acre

Living Area Size : 1,975

Year Built : 1992

County : Brevard

Subdivision: Port Malabar Unit 50

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total Bedrooms: 3 Window Feature: Skylight(s)

Bathroom Information

Total Baths: 3 Full Baths: 3

Water/Sewer

Sewer: Septic Tank
Flooring Information

Laminate, Tile
Roofing Information

Shingle
Interior Features

Breakfast Bar, Breakfast Nook, Ceiling Fan(s), Entrance Foyer, Primary Bathroom -Tub with Separate Shower, Vaulted Ceiling(s), Walk-In Closet(s) Roof: Shingle Appliances: Dishwasher, Disposal, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator Laundry Features: Sink
Heating & Cooling

Heating: Central, Electric Cooling: Central Air, Electric WaterSource: Public
Fireplace

Fireplace: Yes Number of Fireplaces: 1 Fireplace Features: 1

Building Information

Year Built: 1992 Construction Materials: Block, Concrete, Stucco Roof: Shingle
Exterior Features

Porch: Patio, Rear Porch
Road Types

Asphalt, Paved

City Street
Fencing

Back Yard, Chain Link, Fenced
Laundry Features

Sink

Patio And Porch

Patio, Rear Porch

Fencing

Back Yard, Chain Link, Fenced

Lot Information

Lot Description: Corner Lot Lot Size Area: 0.31 Acres Lot Square Feet: 13,504 Stories: 1 Main Square Feet: 1975

Property Information

Property Type: Residential Sub Type: Single Family Residence Style: Ranch SQ ft (Living Area): 1,975 Subdivision: Port Malabar Unit 50 MLS Area Minor: 343 - SE Palm Bay Source Neighborhood: Port Malabar Unit 50 Construction Materials: Block, Concrete, Stucco Property Age: 34

Listing Price Information

Listing Id: 1075399 ist Price: $280,000 List Price Tot SqFt: $142 Listing Terms Cash, Conventional
Listing Information

Possession: Close Of Escrow

Tax Information

Parcel Number: 29-37-18-Jr-02684.0-0011.00 Annual Tax: $5,305 Tax Year: 2025 Taxes: PORT MALABAR UNIT 50 LOT 11 BLK 2684

Virtual Tour

Virtual Tour (External Link)

Parking Information

# of Garage Spaces: 2 Has Garage: Yes Attached Garage: Yes Attached, Garage

School Information

Elementary School: Columbia

Elementary School District:

Junior High School: Southwest

Senior High School: Bayside
Utility Information

Cable Available, Electricity Connected, Water Connected
Location Information

Direction: 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.

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