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.
Sold for $120,000
Zestimate®
$120,000
534 Rheine Rd NW, Palm Bay, FL 32907
3beds
1,130sqft
Single Family Residence
Built in 1986
10,018 Square Feet Lot
$120,000 Zestimate®
$106/sqft
$1,794 Estimated rent
Home value
$120,000
$112,000 - $128,000
$1,794/mo
Zestimate® history
Owner options
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$1,794/mo
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$1,794/mo
Rent Zestimate®
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$654/mo
Est. payment
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$654/mo
Est. payment
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List your homeWhat's special
Split floor planMature landscaping
Zillow last checked:
Listing updated:
Listed by:
Cindy Rhoton 321-794-4817,
Realty World Curri Properties
Bought with:
Cindy Rhoton, 3408315
Realty World Curri Properties
Source: Space Coast AOR,MLS#: 1088777
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Central, Electric
Cooling
- Central Air, Electric
Appliances
- Laundry: Washer Hookup
Features
- Flooring: Tile
- Has fireplace: No
Interior area
- Total interior livable area: 1,130 sqft
Property
Parking
- Total spaces: 1
- Parking features: Attached, Garage, Other
- Attached garage spaces: 1
Features
- Stories: 1
- Has view: Yes
- View description: Other
Lot
- Size: 10,018 Square Feet
- Features: Other
Details
- Additional parcels included: 2806912
- Parcel number: 283624kr02487.00033.00
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Frame, Stucco
- Roof: Shingle
Condition
- Fixer
- New construction: No
- Year built: 1986
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Water Available
Community & HOA
Community
- Subdivision: Port Malabar Unit 48
HOA
- Has HOA: No
Location
- Region: Palm Bay
Financial & listing details
- Price per square foot: $106/sqft
- Tax assessed value: $171,920
- Annual tax amount: $3,203
- Date on market: 10/3/2026
- Listing terms: Cash
- Road surface type: Asphalt, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 10/28/2026 | Pending sale | $165,000+37.5%$146/sqft |
Source: Space Coast AOR #1088777 Report a problem | ||
| 10/27/2026 | Sold | $120,000-27.3%$106/sqft |
Source: Space Coast AOR #1088777 Report a problem | ||
| 10/8/2026 | Contingent | $165,000$146/sqft |
Source: Space Coast AOR #1088777 Report a problem | ||
| 10/3/2026 | Listed for sale | $165,000+179.7%$146/sqft |
Source: Space Coast AOR #1088777 Report a problem | ||
| 4/27/2001 | Sold | $59,000+1.2%$52/sqft |
Source: Public Record Report a problem | ||
| 4/18/1994 | Sold | $58,300$52/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,204 +96.1% | $171,920 +36.7% |
| 2024 | $1,634 +3.1% | $125,760 +3% |
| 2023 | $1,584 +5.3% | $122,100 +3% |
| 2022 | $1,504 -1.3% | $118,550 +3% |
| 2021 | $1,524 -14% | $115,100 +21.4% |
| 2020 | $1,771 -5% | $94,800 +2% |
| 2019 | $1,865 | $92,970 +12.3% |
| 2018 | $1,865 +9.3% | $82,820 +14.2% |
| 2017 | $1,705 +5.8% | $72,510 +9% |
| 2016 | $1,612 +19.1% | $66,540 +32.2% |
| 2015 | $1,354 +9.7% | $50,350 +10% |
| 2014 | $1,234 | $45,780 +10% |
| 2013 | -- | $41,620 +8.2% |
| 2012 | $926 -14.1% | $38,450 -14.1% |
| 2011 | $1,079 +80.1% | $44,750 -22.8% |
| 2010 | $599 -1.2% | $57,930 -16.7% |
| 2009 | $607 +6.2% | $69,570 -30.6% |
| 2008 | $571 -13.1% | $100,300 -19.6% |
| 2007 | $658 -1.1% | $124,700 +22.6% |
| 2005 | $665 -4% | $101,740 +39.4% |
| 2004 | $693 -2% | $73,010 +21.1% |
| 2003 | $707 +4% | $60,290 +9.2% |
| 2002 | $680 -41.6% | $55,220 +10% |
| 2001 | $1,164 +132.7% | $50,220 +5.1% |
| 2000 | $501 | $47,780 |
Find assessor info on the county website
Neighborhood: 32907
Nearby homes
- $259,6004 bd2 ba1.2k sqft526 Rheine Rd NW, Palm Bay, FL 32907Off Market
- $237,6003 bd2 ba1.2k sqft542 Rheine Rd NW, Palm Bay, FL 32907Off Market
- $222,7003 bd2 ba1.3k sqft518 Rheine Rd NW, Palm Bay, FL 32907Off Market
- $367,2003 bd2 ba1.7k sqft550 Rheine Rd NW, Palm Bay, FL 32907Off Market
- $309,1003 bd2 ba2.2k sqft1205 Karlovy Ave NW, Palm Bay, FL 32907Off Market
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- $278,6003 bd2 ba1.6k sqft1204 Karlovy Ave NW, Palm Bay, FL 32907Off Market
- $267,9003 bd2 ba1.4k sqft512 Rheine Rd NW, Palm Bay, FL 32907Off Market
Nearby schools
GreatSchools rating
- 5/10Lockmar Elementary SchoolGrades: PK-6Distance: 1.6 mi
- 5/10Central Middle SchoolGrades: 7-8Distance: 2.7 mi
- 4/10Heritage High SchoolGrades: 9-12Distance: 3.9 mi
Schools provided by the listing agent
- Elementary: Lockmar
- Middle: Central
- High: Heritage
Source: Space Coast AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$120,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$120,000
- Florida
- Brevard County
- Palm Bay
- 32907
- 534 Rheine Rd NW
