For SaleUnimproved LandActive
328 Malabar Road SE
Palm Bay, FL 32907
$1,495,000
937 Days On Site
- 1.72Acres
- Commercial/Residential/OfficeZoning
- BrevardCounty
- Subdivision
- Port Malabar Unit 10
- County
- Brevard
- MLS®
- 1010989
Overview
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.
Listing Snapshot
- Price
- $1,495,000
- Days On Site
- 937 Days
- Bedrooms
- N/A
- Inside Area (SqFt)
- N/A
- Total Baths
- N/A
- Full Baths
- N/A
- Partial Baths
- N/A
- Lot Size
- 1.72 Acres
- Year Built
- N/A
- MLS® Number
- 1010989
- Status
- Active
- Property Tax
- $11,947.78 (2023)
- HOA/Condo/Coop Fees
- N/A
- Sq Ft Source
- N/A
Property Details
General Features
9 items
- Acres
- 1.72
- Additional Property Use
- Residential, Single Family
- Land Lease
- No
- Property Sub Type
- Unimproved Land
- Sewer
- Septic Tank
- Special Circumstances
- Standard
- Utilities
- Cable Available, Cable Connected, Electricity Connected, Sewer Available, Water Connected
- Water Source
- Public
- Zoning
- Commercial/Residential/Office
Exterior Features
3 items
- Fencing
- Back Yard
- Lot Features
- Cleared, Wooded
- Road Frontage
- City Street
Community Features
3 items
- MLS Area
- 343 - SE Palm Bay
- Financing Terms Available
- Cash
- Roads
- Asphalt, Paved
Location
328 Malabar Road SE, Palm Bay, FL 32907 · 343 - SE Palm Bay
Neighborhood & Commute
ZIP Code 32907
- Median household income
- $64,813
- Income per person
- $30,980
- Households
- 17,886
- Average household size
- 2.59
- Median age
- 46.4
Source: Walk Score.
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
Schools
- Elementary School
- Turner
- Middle School
- Southwest
- High School
- Heritage
Price & Status History
- Listing updated with changes from the MLS®
- Price changed to $1,495,000
- Status changed to Active
- Listing first seen on site
Friends & Family
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