597 Balcom Terrace SE
Palm Bay, FL 32909

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

Features

• Property Type: Single Family Home
• Sub Type: Single Family Home
• Listing Status: Active
• County/Area: Brevard County
• Zip Code: 32909
• Year Built: 1992
• Subdivision/Neighborhood: Port Malabar Unit 50
• Elementary School: Columbia
• Middle School: Southwest
• High School: Bayside
• Sq.Ft.: 1,975 sq ft
• Style: Ranch
• Stories: 1
• Bedrooms: 3
• Full Baths: 3
• Garage: Attached, 2 Car
• Fireplace: Wood Burning, 1
• Lot Size: 13504 sq ft lot
• Baths: 3
• Additional Parcels Description: 2937806
• Appliances: Disposal, Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator
• Construction Materials: Block, Concrete, Stucco
• Cooling: Central Air, Electric
• Direction Faces: South
• Directions: 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.
• Fencing: Back Yard, Chain Link, Fenced
• Floor Plans Change Timestamp: 2026-04-22T19:57:29Z
• Flooring: Laminate, Tile
• Heating: Central, Electric
• Interior Features: Breakfast Bar, Ceiling Fan(s), Entrance Foyer, Vaulted Ceiling(s), Walk-In Closet(s), Primary Bathroom -Tub with Separate Shower, Breakfast Nook
• Laundry Features: Sink
• Levels: One
• Listing Terms: Cash, Conventional
• Living Area Source: Public Records
• Lot Features: Corner Lot
• Lot Size Area: 0.31
• Lot Size Square Feet: 13504
• Lot Size Units: Acres
• MLS Area Minor: 343 - SE Palm Bay
• Main Type: Residential
• Other Structures: Shed(s)
• Parcel Number: 29-37-18-Jr-02684.0-0011.00
• Parking Features: Attached, Garage
• Patio And Porch Features: Patio, Rear Porch
• Pets Allowed: Yes
• Possession: Close Of Escrow
• Property Condition: Fixer
• Road Frontage Type: City Street
• Road Surface Type: Asphalt, Paved
• Roof: Shingle
• Sewer: Septic Tank
• Special Conditions Details: Standard
• Tax Annual Amount: 5305.13
• Tax Year: 2025
• Utilities: Cable Available, Electricity Connected, Water Connected
• Water Source: Public
• Window Features: Skylight(s)