




0 Baths
$1,495,000
328 Malabar Road SE, Palm Bay FL, 32907
Price per sqft$19.95
Lot size1.72 Acres
Property typeLand
Overview
Active
Listed Nov 27, 2024
Updated 8 days ago
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.
Additional information
- MLS® ID
- 1010989
Exterior Features
- Lot Size
- 1.72 Acres
Other Property Details
- Taxes
- $11,948
- Tax Frequency
- Annually
- 55+/Senior Community
- No
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 Tony Granato shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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