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About This Home

This 2-bedroom, 2-bathroom townhouse at 1485 Malibu Circle NE in Palm Bay, FL is listed for $164,900 ($197 per sqft). Built in 1985, the home offers 836 sqft of living space on a 0.07 acres lot.

Agent Description

Waterfront townhouse ready for its new owner in the highly desirable Malibu Villas! This stunning corner-unit townhouse features a split-bedroom floor plan with 2 bedrooms, 2 full bathrooms, and a spacious living area with vaulted ceilings that create an open and airy feel.

The kitchen offers plenty of cabinet and counter space, white shaker cabinets, stylish backsplash, and a sliding glass door leading to the front porch, perfect for enjoying your morning coffee. Indoor washer and dryer are included for added convenience.

Primary bedroom has a west facing window to capture sunsets and view the pond. Enjoy a private courtyard with storage closet, while the rear porch entrance leads directly toward the lake, creating a peaceful waterfront setting. Home also features two separate entrances for added accessibility. Property is not currently homesteaded, offering potential tax savings for buyers who make it their primary residence. Transferable home warranty included! VIEW TODAY!

Key Features

  • Built in 1985
  • 0.07 acre lot
  • Waterfront

Property Details

1 story
2 full
#112
1985

Amenities

WaterfrontA/C

Monthly Cost Estimate

$1,237/mo

20% down · 6.5% · 30 years

Principal$119
Interest$715
Insurance$48
HOA$355

Estimates only. Actual payments may vary.

Location

1485 Malibu Circle NE

Palm Bay, FL 32905

Port Malabar Country Club Unit 7 Pt of Second Repl

Features & Amenities

Interior Features

Ceiling Fan(s)Open FloorplanPrimary Bathroom - Tub with ShowerSplit Bedrooms

Property Details

Flooring

Laminate

Construction

Frame Stucco

Pool Features

Porch

Parking

Parking Lot

Heating

Central

Cooling

Central Air

Appliances

DishwasherDryerElectric RangeElectric Water HeaterMicrowaveRefrigeratorWasher

Questions & Answers

This 2-bedroom, 2-bathroom townhouse at 1485 Malibu Circle NE is listed at $164,900 ($197/sqft). The estimated monthly payment is $1,070 based on 20% down at 6.5% interest.

HOA fees are $355/month.

Key features include: Built in 1985, 0.07 acre lot, Waterfront. Interior Features: Ceiling Fan(s), Open Floorplan, Primary Bathroom - Tub with Shower.

This property is listed by Robert Klingensmith and can be reached at 3214082033 or robert.w.klingensmith@gmail.com.

RK

Robert Klingensmith

Agent at Lokation Real Estate

(321) 408-2033

Listed by Lokation Real Estate · View on Broker Site

MLS# 1072904· Source: listhub· Updated 68 days ago

Copyright © 2026 Space Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1485 Malibu Circle NE, Palm Bay, FL 32905

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