Nestled on a picturesque 10-acre property, this charming and quaint old home is brimming with potential and awaits your vision. With its cozy size and timeless character, it offers a peaceful retreat surrounded by nature's beauty. While the home is in need of substantial work, it presents a fantastic opportunity for those eager to restore its charm or create something new. The expansive land provides endless possibilities, whether you dream of a lush garden, space for animals, or simply a private escape from the hustle and bustle. Additionally, with the potential for a commercial zoning change, this property opens doors to investment and entrepreneurial opportunities. Whether you envision a small business, a boutique retreat, or another creative venture, this unique space offers the flexibility to bring your ideas to life. Embrace the tranquility, embrace the challenge, and make this delightful property your own!
Single-familyProperty Type
1927Year Built
9.56 acresLot Size
$604Price/Sq.Ft.
2 car garageParking
Listed by Marianne Brownfield• Brownfield R. E. Group. Inc.
Incredible opportunity to own 9.5+ acres on Malabar Rd. Current zoning is RR65 (single family with 1.5 acre lots). Malabar has indicated that they would allow rezoning to OI (Office Institutional). This property is just East of the Palm Bay hospital and OI allows for doctors offices. Currently there is a small 2/1 house being rented out but the value is in the land. The property is absolutely gorgeous with mature oaks and a small stream.