328 Malabar Road, Palm Bay, FL 32907
About Property
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.
Essential Property Information
- Price: $1,575,000
- Property Type: Vacantland
- Acres: 2
- Country: USA
- City: Palm Bay
Additional Property Info
- List Price/Acres: $915,697.67 / acre
- Listing ID: 1010989
- Listing Status: Active
- Property Type: Vacantland
- State/Province: FL
- Status: Active
- Status Change Date: Wednesday, November 27th, 2024
- Street Name: Malabar
- Street Number: 328
- Street Suffix: Road
- Sub Type: Unimproved Land
- Subdivision: Port Malabar Unit 10
- Suffix Dir: SE
- Tax Year: 2023
- Taxes: $11,947.78
- Virtual Tour: Click Here
- Waterfront: No
- Zip Code: 32907
- Zoning: Commercial/Resi
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