328 Malabar Road SE, Palm Bay, FL 32907

$1,575,000

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List Price
$1,575,000
MLS#
1010989
Status
ACTIVE
Type
Land
County
Brevard
City
Palm Bay
Area
SE Palm Bay
Subdivision
Port Malabar Unit 10
Acres
1.72
Days on Market
1011

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. 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

Tax Year
2023
Tax Amount
$11,947
Location Description
Cleared, Wooded
Utilities
Cable Connected, Electricity Connected, Sewer Available, Water Connected
Elementary School
Turner
Middle School
Southwest
High School
Heritage

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of M. David Moallem, Inc.