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328 Malabar Road, Palm Bay, FL 32907





Unimproved Land


Road Surface: N/A

MLS#: 1010989

Status: Active

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Property Details

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.

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This listing is courtesy of M. David Moallem, Inc. Property Listing Data contained within this site is the property of Brevard MLS and is provided for consumers looking to purchase real estate. Any other use is prohibited. We are not responsible for errors and omissions on this web site. All information contained herein should be deemed reliable but not guaranteed, all representations are approximate, and individual verification is recommended.

  • Acreage1.72
  • Area343 - SE Palm Bay
  • CityPalm Bay
  • CountyBrevard
  • Directionsexit 173 head west on the SW corner of Eldron and Malabar
  • General County LocationSouth
  • Legal DescriptionPORT MALABAR UNIT 10 LOT 6, 7, 8, 9, 10, 14,15 BLK 361 EXC ORB 3635 PG 3312
  • List Price/Acres$915,697.67 / acre
  • Listing ID1010989
  • Listing StatusActive
  • Property TypeVacantland
  • State/ProvinceFL
  • StatusActive
  • Status Change DateMonday, April 15th, 2024
  • Street NameMalabar
  • Street Number328
  • Street SuffixRoad
  • Sub TypeUnimproved Land
  • SubdivisionPort Malabar Unit 10
  • Suffix DirSE
  • Tax Year2023
  • Taxes$11,947.78
  • UnBranded Virtual TourClick Here
  • WaterfrontNo
  • Zip Code32907
  • ZoningCommercial/Resi