328 Malabar Road SE Palm Bay, FL $ 1,575,000
328 Malabar Road SE
$ 1,575,000
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328 Malabar Road SE

Palm Bay, FL, 32907
$ 1,575,000
Baths0.0

Monthly Estimate*

$ 10,468

328 Malabar Road SE, Palm Bay, FL 32907 - Image 1
328 Malabar Road SE, Palm Bay, FL 32907 - Image 2
328 Malabar Road SE, Palm Bay, FL 32907 - Image 3
328 Malabar Road SE, Palm Bay, FL 32907 - Image 4
328 Malabar Road SE, Palm Bay, FL 32907 - Image 5
328 Malabar Road SE, Palm Bay, FL 32907 - Image 6
328 Malabar Road SE, Palm Bay, FL 32907 - Image 7
328 Malabar Road SE, Palm Bay, FL 32907 - Image 8
328 Malabar Road SE, Palm Bay, FL 32907 - Image 9
328 Malabar Road SE, Palm Bay, FL 32907 - Image 10
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Studio

Lots and Land for sale in Palm Bay, FL

for $1,575,000. The lot size is 1.72.

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.

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Lots and Land Active

Price

$ 1,575,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 11,947

Style

Unimproved Land

Lot Size

1.72

Town/City

Palm Bay

County/Region

Brevard

MLS | Web ID

1010989

Features
General
Sewer Septic Tank
Utilities Cable Connected Electricity Connected Sewer Available Water Connected
Possession Close Of Escrow
Pool Features None
Property SubType Unimproved Land
Tax Year 2023
Current Use Residential Single Family
County Brevard
Property Type Land
HOA / Comm Assn N
Subdivision Name Port Malabar Unit 10
Status Active
Directions exit 173 head west on the SW corner of Eldron and Malabar
High School Heritage
City Palm Bay
View Y/N N
Senior Community Y/N N
Zoning Description Commercial/Residential/Office
MLS Area 343 - SE Palm Bay
Lot Size Square Feet 74923.2
Waterfront Y/N N
Street Name Malabar
Elementary School Turner
Land Lease Y/N N
Tax Annual Amount 11947.78
Home Warranty Y/N N
Middle/Junior High School Southwest
Lease Renewal Y/N N
MLS Area Minor 343 - SE Palm Bay
Lease Considered Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/spc/1010989
Standard Status Active
Legal Description PORT MALABAR UNIT 10 LOT 6 7 8 9 10 14 15 BLK 361 EXC ORB 3635 PG 3312
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Exterior
Fencing Back Yard
Lot Features Cleared Wooded
Water Source Public
Lot Size Area 1.72
Spa N
Lot Size Acres 1.72
Road Surface Type Asphalt Paved
Lot Size Units Acres
Road Frontage Type City Street
Number of Lots 7
Crops Included Y/N N
Open Parking Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Street Suffix Road
Electric On Property Y/N N
Total Baths 0
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Internal Only
Street Number 1 328
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* Excluded Features
List By
M. David Moallem, Inc

Broker

vahid@palmbayland.com

Email

Affordability Calculator

$11,464
Per Month
91%
9%
0%
Monthly Principal & Interest
$10,468
Monthly Property Taxes
$996
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1362985 Elementary School
1363031 Middle School
Heritage High School High School
Pricing History
DatePricePrice ChangeDescription
4/15/2024$1,575,000 Listed Price

Map


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328 Malabar Road SE, Palm Bay, FL, 32907 is a Lots and Land for sale at $1,575,000 with a lot size of 1.72. 328 Malabar Road SE is a studio with 0.0 baths. The property's zip code is 32907 which is in Palm Bay, FL