534 Rheine Road NW, Palm Bay, FL 32907

$165,000
Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,130 Lot Size (sq. ft.): 10,019 Status: Active Under Contract
Current Price: $165,000 List Date: 10/03/2026 Last Modified: 10/08/2026

Overview

Description

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.

Listing Details MLS# 1088777

General Property Information

Bedrooms Total
3
Bathrooms Total
2
Bathrooms Full
2
Living Area
1130
Living Area Source
Public Records
Accessibility Features YN
No
New Construction YN
No
Year Built
1986
Garage YN
Yes
Garage Spaces
Yes
Lot Size Acres
0.23
Association YN
No
Property Use
01 / SINGLE FAMILY RESIDENCE
CDD Fee YN
No
Community Fee(s) YN
No
Water Body Access YN
No
Waterfront YN
No
Land Site Description
United States
Furnished
Unfurnished
Stories
Yes
Direction Faces
North
Senior Community YN
No
Pool Private YN
No
List Price/SqFt
146.02
Bathrooms Half
0
Lot Size Square Feet
10019
Carport YN
No

Property Features

Construction Materials: Frame; Stucco Cooling: Central Air; Electric Current Use: Single Family Flooring: Tile Heating: Central; Electric Laundry Features: Washer Hookup Listing Terms: Cash Lot Features: Other Parking Features: Attached; Garage; Other Possession: Close Of Escrow Property Condition: Fixer Road Surface Type: Asphalt; Paved Roof: Shingle Sewer: Septic Tank Showing Requirements: Appointment Only; Lockbox; Showing Service Special Listing Conditions: Standard Utilities: Cable Available; Electricity Available; Water Available View: Other Water Source: Public Contingency Reason: Inspection

Contract Information

OriginalListPrice
165000
Listing Contract Date
2026-09-29
Start Showing Date
2026-10-03
Property Sub Type
Single Family Residence
Comp Sale YN
No

Location Tax and Legal

Street Number
534
Street Name
Rheine
Street Suffix
Road
Street Direction Suffix
NW
County
Brevard
State
FL
Postal Code
32907
MLS Area Major
344 - NW Palm Bay
Subdivision Name
Port Malabar Unit 48

Remarks and Miscellaneous

Public Remarks
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.

Status Change Information

Major Change Timestamp
2026-10-08T20:08:57Z
Major Change Type
Status Change
StatusChangeDate
2026-10-08
Contingency
Active Under Contract

More Information

Closing Company Details

Closing Company Name
Michael A. Schneider, Esq. Echelon Title Services, LLC
Closing Company Address
5815 Highway 1, Suite 1 Rockledge, FL 32955

DPR Eligible

DPR Eligible
Yes

Legal Details

Permission Granted to Advertise
No

Currently Not Used

Homestead YN
No

Location, Tax, and Legal

Tax Account
2806912
Parcel Number
28-36-24-kr-02487.0-0033.00
General County Location
South
Elementary School
Lockmar
Middle School
Central
High School
Heritage
Tax Annual Amount
3203.77
Tax Year
2025
Tax Legal Description
PORT MALABAR UNIT 48 LOT 33 BLK 2487
Directions
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

Construction Materials

Frame
Yes
Stucco
Yes

Cooling

Central Air
Yes
Electric
Yes

Current Use

Single Family
Yes

Flooring

Tile
Yes

Heating

Central
Yes
Electric
Yes

Laundry Features

Washer Hookup
Yes

Listing Terms

Cash
Yes

Lot Features

Other
Yes

Parking Features

Attached
Yes
Garage
Yes
Other
Yes

Possession

Close Of Escrow
Yes

Road Surface Type

Asphalt
Yes
Paved
Yes

Roof

Shingle
Yes

Sewer

Septic Tank
Yes

Special Listing Conditions

Standard
Yes

Utilities

Cable Available
Yes
Electricity Available
Yes
Water Available
Yes

View

Other
Yes

Water Source

Public
Yes

Showing Requirements

Appointment Only
Yes
Lockbox
Yes
Showing Service
Yes

Property Condition

Fixer
Yes

Contingency Reason

Inspection
Yes
Listing Office: Realty World Curri Properties
Last Updated: October - 08 - 2026
Information is deemed to be reliable, but is not guaranteed.