328 Malabar Road, Palm Bay, FL 32907

Price: $1,575,000

MLS # 1010989

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Type: Vacantland

Bedrooms: N/A

Full Baths: N/A

Half Baths: N/A

List Date: 04-15-2024

Year Built: N/A

Homestead: N/A

Zoning: Commercial/Resi

Property Images:

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Property Description:

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.

Exterior Features

N/A


Interior Features

N/A


Equipment / Appliances

N/A


Utilities

N/A


Property Details

Street Name

County

Brevard

Listing Status

Active

Tax Year

2023

Waterfront

No

ZipCode

Subdivision

Port Malabar Unit 10

Tax Amount

$11,948

HOA Dues

$0.00

328 Malabar Road Palm Bay, FL 32907

This listing is courtesy of M. David Moallem, Inc.

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Real Estate and Luxury homes in Melbourne Beach, Merritt Island, Cocoa Beach, Lansing Island, Tortoise Island, Vero Beach, Barefoot Bay, Cape Canaveral, Cocoa, Grant Valkaria, Indialantic, Indian Harbour Beach, Malabar, Melbourne, Palm Bay, Rockledge, Satellite Beach, Titusville, West Melbourne and surrounding areas in Brevard and Central Florida.

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