Commercial Land for Sale in Palm Bay, Florida

328 Malabar Rd SW Palm Bay, FL 32907

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$1,575,000
1.72 acres
Active sale agoEst $12,421/mo

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.

Directions

exit 173 head west on the SW corner of Eldron and Malabar

Location

Street Address
328 Malabar Rd SW
Community
Port Malabar Unit 10
Elevation
26 feet
Coordinates
27.9986, -80.6641

Property details

Zoning
Commercial/Residential/Office
MLS Number
SCAOR 1010989
Date Posted

Property taxes

2023
$11,948

Parcels

  • 29-37-06-Gk-00361.0-0015

Legal description

Resources

This 1.72-acre property is located at 328 Malabar Rd SW in Palm Bay, FL 32907 with latitude 27.9986 and longitude -80.6641. The property is currently available for sale for $1,575,000 with a price per acre of $915,698. Listing data is sourced from Space Coast Association of Realtors # 1010989.

Verify sale details at the property source or contact M. David Moallem at (321) 917-6596.

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Copyright (C) 2024 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.

Updated . Checked 2 hours ago. Parcel data by Regrid.

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