#1031658, Elaine Borkowski, Jesse Burlew, Listing Office: Relentless Real Estate Co.
1480 Malibu Cir NE Unit 111 Palm Bay, FL 32905
Property details
About 1480 Malibu Cir NE Unit 111
This charming 3-bed, 2-bath townhome comes with a rare 3.75% assumable loan—offering huge savings for savvy buyers. You could save $300+ per month compared to today's higher interest rates, making this a smart choice for budget-conscious homeowners. Inside, enjoy updated vinyl plank flooring, a sunny open layout, and a kitchen with newer stainless steel appliances. The primary bedroom is downstairs with its own full bath, while two guest rooms and a second bath are upstairs. A stackable washer/dryer is included. Community perks include a pool, internet, and cable (and more) as part of the monthly HOA. Peaceful setting with wooded views, close to shopping, schools, and parks.
Highlights
Virtual tour
Summary
- Full Bathrooms: 2
- Appliances: Electric Range, Refrigerator, Washer/Dryer Stacked
- Flooring Type: Laminate
- Interior: Ceiling Fan(s),Primary Downstairs,Split Bedrooms
- Total Bedroom Count: 3
- Attached Garage: No
- Parking: Guest,Parking Lot
- Architectural Style: Contemporary
- Heating: Central, Electric
- Cooling: Central Air, Electric
- List Price: $210,000
- Price/SqFt: $177
- HOA Amount: $355
- HOA Frequency: Monthly
- Lot: Other
- Directions: From I-95 South exit 176 toward Palm Bay Rd/Palm Bay. Left onto Palm Bay Rd NE. Turn right onto Riviera Dr NE. Turn left onto Sonesta Ave NE. Continue onto Malibu Cir NE. Turn left, home will be on the left.
- Year Built: 1985
- Stories: 2
- Living Area: 1,180 SqFt
- Lot Size: 0.04 Acres
- MLS Number: 1042221
- MLS Name: Space Coast MLS (Space Coast Association of REALTORS®)
- Office Name: EXP Realty LLC
- Office Phone: (888) 883-8509
- Office Email: a.shahin.broker@exprealty.net
- Listing Agent: Nicholas Hall, Kristen Bear
Copyright © 2025 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.
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Last updated on: 5/1/2025, 11:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$210,000
1480 Malibu Cir NE Unit 111
$2,494
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
6
Riviera Elementary School
Public District PK-6
0.2 mi
•351 Riviera Dr NE
7
Imagine Schools at West Melbourne
Public Charter KG-6
0.9 mi
•3355 Imagine Way
6
Lockmar Elementary School
Public District PK-6
1.1 mi
•525 Pepper St NE
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $42,936. The majority of Palm Bay, FL residents have income between $35k-100k annually. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.
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Frequently asked questions
Living in Palm Bay, FL
Transportation in Palm Bay includes a public bus system with established routes that connect key areas of the city. Ride-sharing services are available, providing additional options for residents and visitors. The city's layout and infrastructure support a car-dependent lifestyle, with major roads and highways facilitating travel to nearby cities and attractions. Efforts to enhance walkability and bikeability are ongoing, aiming to improve the overall accessibility of the city.
The city of Palm Bay is served by a network of public schools, including elementary, middle, and high schools, as well as private educational institutions that cater to a range of learning preferences. Healthcare services are accessible, with facilities offering urgent care, primary care, and specialized medical services. The public library system supports lifelong learning and community engagement. Retail and dining options in Palm Bay reflect the local culture, with a mix of familiar chains and unique local establishments.
Palm Bay is celebrated for its laid-back coastal lifestyle and natural beauty, with numerous parks and outdoor recreational opportunities. The community prides itself on a family-friendly atmosphere, with events like the Palm Bay Fair that highlight local culture and bring residents together. The city's character is further defined by its proximity to the Indian River Lagoon, appealing to those who appreciate water activities and conservation efforts.
Palm Bay's housing market is diverse, offering a range of options from single-family homes to multi-family units. The architectural styles vary, with a noticeable presence of contemporary and ranch-style homes. The area has seen growth with new developments complementing the existing housing stock, which includes homes built from the 1970s onwards. The homeownership rate in Palm Bay is robust, reflecting a community invested in property ownership and stability.
About 1480 Malibu Cir NE Unit 111
The listing price of 1480 Malibu Cir NE Unit 111 property is $210,000.
The property 1480 Malibu Cir NE Unit 111 is a townhouse located in Palm Bay, Florida, 32905.
Active Listing: 1480 Malibu Cir NE Unit 111 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1480 Malibu Cir NE Unit 111 are: Riviera Elementary School (GreatSchools Rating 6/10), Imagine Schools at West Melbourne (GreatSchools Rating 7/10), Lockmar Elementary School (GreatSchools Rating 6/10), Palm Bay Academy Charter School (GreatSchools Rating 3/10), Central Middle School (GreatSchools Rating 4/10), Southwest Middle School (GreatSchools Rating 3/10), Palm Bay Magner High School (GreatSchools Rating 3/10), Pineapple Cove Classical Academy (GreatSchools Rating 6/10), Melbourne High School (GreatSchools Rating 5/10).
The property at 1480 Malibu Cir NE Unit 111 has 3 bedrooms and 2 bathrooms.
The property 1480 Malibu Cir NE Unit 111 is 1,180 SqFt (source: MLS/tax record).
The year of construction for 1480 Malibu Cir NE Unit 111 is 1985.
This home is located at 1480 Malibu Cir NE Unit 111 in Palm Bay, FL and zip code 32905. This 1,180 square foot home, which was built in 1985, sits on a 0.04 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 4, 2025 and is currently priced at $210,000.
In April 2025 more than 34 listings in Palm Bay, FL were sold above the asking price. During the same period more than 104 listings were sold at asking price, while more than 146 were sold below. The inventory of homes for sale in Palm Bay, FL between March and April 2025 increased by 6%. In April 2025, listings were on the market for 79 days. During the same period, the median list price in this real estate market was $330,996.