Active
328 Malabar Road SE
Palm Bay FL, 32907
$1,575,000
$21.02 per sqft
Active
1.72 Acres
Land
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.
1010989
MLSⓇ ID
November 27, 2024
Listed
November 27, 2024
Updated
Map
328 Malabar Road SE
Palm Bay FL, 32907
Exterior/Building Features
Lot Size
1.72 Acres
Lot Features
Cleared, Wooded
Sewer
Septic Tank
School Information
High School
Heritage
Elementary School
Turner
Other Property Details
Area Name
343 - SE Palm Bay
Taxes
$11,948
Tax Frequency
Annually
Garage
No
View
No
County
Brevard
Water Source
Public
Pool
No
Pool Features
None
Courtesy of M. David Moallem, Inc, Vahid Reza Rajabian,
Listing Contact: 321-724-2424
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Jeremy Silber shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 FL - MLS of South Brevard & the Space Coast Association of REALTORS (SPACE). All rights reserved.