328 Malabar Road Se, Palm Bay, FL

$1,575,000

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1.72

Acres

About 328 Malabar Road Se

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.

Features of 328 Malabar Road Se

MLS® # 1010989
Price $1,575,000
Bathrooms 0.00
Acres 1.72
Type Land
Sub-Type Unimproved Land
Status Active

Community Information

Address 328 Malabar Road Se
Area 343 - SE Palm Bay
Subdivision Port Malabar Unit 10
City Palm Bay
County Brevard
State FL
Zip Code 32907

Amenities

Utilities Cable Connected, Electricity Connected, Sewer Available, Water Connected
Is Waterfront No
Pool None

Interior

Fireplace No

Exterior

Lot Description Cleared, Wooded

School Information

Elementary Turner
Middle Southwest
High Heritage

Additional Information

Short Sale No
RE / Bank Owned Yes

Listing Details

OfficeM. David Moallem, Inc

Listing Map

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