Homes for sale - 328 Malabar RD SE, Palm Bay, FL 32907

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Tyler Fox

tfox@sorensenrealestate.com +1(772) 538-3733

$ 1,575,000

Est. payment | -/mo

1.72 Acres Lot

Save Virtual Tour

$ 1,575,000

Est. payment | -/mo

Save Virtual Tour

1.72 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Subdivision Port Malabar Unit 10

MLS Listing ID 1010989

HOA Y/N No

Originating Board Space Coast MLS (Space Coast Association of REALTORS®)

Annual Tax Amount $11,947

Tax Year 2023

Lot Size 1.720 Acres

Acres 1.72

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.

Location

State FL

County Brevard

Area 343 - Se Palm Bay

Direction exit 173 head west on the SW corner of Eldron and Malabar

Exterior

Exterior Feature ExteriorFeatures

Fence Back Yard

Pool None

Utilities Available Cable Connected, Electricity Connected, Sewer Available, Water Connected

Present Use Residential,Single Family

Street Surface Asphalt,Paved

Road Frontage City Street

Garage No

Building

Lot Description Cleared, Wooded

Sewer Septic Tank

Water Public

Schools

Elementary Schools Turner

High Schools Heritage

Others

Senior Community No

Tax ID 29-37-06-Gk-00361.0-0015, 14, 10, 9, 8, 7, 6, .00

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Real Estate Owned, Standard

Space Coast Association of Realtors (Brevard MLS)

Listed by M. David Moallem, Inc

GET MORE INFORMATION

Tyler Fox

REALTOR®

tfox@sorensenrealestate.com

+1(772) 538-3733

1961 14th Ave, Vero Beach, FL, 32960, USA

328 Malabar RD SE Palm Bay, FL 32907

Tyler Fox

Key Details

Location

Exterior

Building

Schools

Others

328 Malabar RD SE