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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.

©2026 FL - MLS of South Brevard & the Space Coast Association of REALTORS (SPACE). All rights reserved.

 

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