775 Malabar Road, Malabar, FL 32950

Property Details:

Beautiful property for sale with ability to develop the additional vacant land space. Multiunit Building with an existing 1 tenant, 3 year lease in place. New skylights, solar panels, 40 plus parking spots in total, tenant covers lawn maintenance on front portion of building, improved pad in the rear of the property. Site plan is set up for 3-5 additional buildings.

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• Acres5 acres
• Area342 - Malabar/Grant-Valkaria
• CityMalabar
• ConstructionBrick and Metal
• CoolingCeiling Fan(s), Central Air and Exhaust Fan
• CountyBrevard
• Cumulative DOM16
• Current Lease1 - 3 Years
• Days On Market16
• DirectionsLocated 5 min from I-95 and 5 min from US-1
• Fire ProtectionSmoke Alarm, Smoke Detector and Sprinkler - Fire
• FlooringTile
• General County LocationSouth
• HeatingNo Heat
• Legal DescriptionPIERCE MANGURIAN SUBDIVISION E 5 ACRES OF LOT 1 AS DESC IN ORB 3871 PG 3959
• Listing DateThursday, September 14th, 2023
• Listing ID975197
• Listing StatusActive
• Number of Stories1.0
• PossessionAt Closing
• Property TypeCommercial
• Property UseC-PROFESSIONAL BUILDING - MULTI TENANT - 1 STORY (1910)
• Real Estate Taxes$16,085.10
• RoofMetal
• Sale IncludesBuilding & Land and Business with Lease
• Special InformationNone
• SqFt - Total8,016 sqft
• State/ProvinceFL
• StatusActive
• Street NameMalabar
• Street Number775
• Street SuffixRoad
• SubdivisionPierce Mangurian Subdivision
• Suffix DirSE
• Tax Year2022
• Tenant PaysCable, Electric, Janitorial and Repairs
• Terms ConsideredCash and Conventional
• Total Building Area8016.00
• Total Units4
• TypeCommercial
• Use Code19 / PROFESSIONAL BUILDING
• WaterfrontNo
• Year Built2002
• Zip Code32950