ActiveUnimproved Land
328 Malabar Road SE, Palm Bay, FL 32907
Palm Bay, FL 32907 · MLS #1010989The residence
About this property
a remarkable commercial real estate opportunity in the thriving city of Palm Bay, This exceptional property comprises five smaller parcels, totaling approximately 1.75 acres, with the exciting potential to add two additional parcels, for another 0.23 acres, if required, for a grand total of approximately 2 acres. Strategically positioned along one of Palm Bay's bustling thoroughfares, this property enjoys high visibility, with an impressive daily traffic count of approximately 23,000. Currently, the property features three existing houses, on a month-to-month leases providing an immediate income stream while you prepare for redevelopment. Located in proximity to prominent retailers and benefiting from a signalized intersection, this property is ideally suited for a diverse range of uses. a remarkable commercial real estate opportunity in the thriving city of Palm Bay, This exceptional property comprises seven smaller parcels, totaling approximately 1.75 acres, with the exciting potential to add two additional parcels, for another 0.23 acres, if required, for a grand total of approximately 2 acres. Strategically positioned along one of Palm Bay's bustling thoroughfares, this property enjoys high visibility, with an impressive daily traffic count of approximately 23,000. Currently, the property features three existing houses, providing an immediate income stream while you prepare for redevelopment.
At a glance
Property details
- Property type
- Unimproved Land
- Listing type
- For sale
- Status
- Active
- Lot size
- 0 sq. ft.
- Subdivision
- Port Malabar Unit 10
- County
- Brevard
- Original list price
- $1,575,000
- Listing date
- November 27, 2024
- Annual property tax
- $11,948 (2023)
- Listing agent
- Vahid Reza Rajabian
- Listing office
- M. David Moallem, Inc
- MLS number
- 1010989
Neighborhood & location
Explore Port Malabar Unit 10
Review nearby homes, local services, commute routes, schools, flood information, and community rules as part of your due diligence. Neighborhood information can change and should be verified with the appropriate local authority.
Schools
School information
- Elementary school
- Turner
- Middle school
- Southwest
- High school
- Heritage
- School district
- Brevard Public Schools
Plan your purchase
Mortgage calculator
- Principal & interest
- $7,560
- Property taxes
- $996
- Homeowners insurance
- $748
- Estimated total
- $9,303
Estimate only. Taxes, insurance, association fees, PMI, interest rate, and lender terms vary. Confirm the actual payment and closing costs with a licensed mortgage professional. Review Florida mortgage and pre-approval guidance.
Listing courtesy of M. David Moallem, Inc, 321-724-2424.
Data provided by Space Coast MLS. Information is deemed reliable but is not guaranteed accurate by the MLS and should be independently verified. Property availability, price, and details are subject to change without notice.