328 Malabar Road Southwest

Palm Bay, FL 32909

$1,575,000
Price
74,923 / 1.72
Lot Size / Acres

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,...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.
  1. Listed by Vahid Reza Rajabian • M. David Moallem, Inc

Property Details for 328 Malabar Road Southwest

Directions
exit 173 head west on the SW corner of Eldron and Malabar
Zoning
Commercial/Residential/Office
Road Frontage Ft
260.0
LISTING UPDATED: 11/27/2024 02:05 PM

Property Details for 328 Malabar Road Southwest

StatusActive
MLS #1010989
Days on Market476
Taxes$11,948 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Unimproved Land
Year Built-
Lot Size1.72 AC
CountyBrevard County

Building Information for 328 Malabar Road Southwest

Lot Size1.72 AC

Property Information for 328 Malabar Road Southwest

Summary
Location and General Information
  • City: Palm Bay
  • State/Province: FL
  • County: Brevard
  • Geo Lat: 27.998561
  • Geo Lon: -80.664086
  • Absolute Longitude: 80.664086
  • Schools: Elementary School: Turner
  • Schools: Middle School: Southwest
  • Schools: High School: Heritage
  • General County Loc: South
  • County Sub/Condo Name: Port Malabar Unit 10
Taxes and HOA Information
  • Taxes: $11,947.78
  • Tax Year: 2023
  • Tax Acct: 2925145
  • Tax ID: 29-37-06-Gk-00361.0-0015, 14, 10, 9, 8, 7, 6, .00
Property
Lot Information
  • Picture Count: 12
  • Lot Description: Cleared, Wooded
  • Acreage: 1.72
  • Legal/Misc: Land Lease: No
  • Road Surface: Asphalt, Paved
  • Current Adjacent Use: Residential, Single Family
Property and Assessments
  • Docs on File: 0
  • Res Sub-Type: LLC
  • Legal/Misc: 55+ Community: No
  • MLS Approved: Y
  • Type of Service: Full Service
  • Prop Type: C
  • Sub Type: Unimproved Land
  • # of Lots: 7.0
Utilities
  • Utilities: Sewer or Septic: Septic Tank
  • Utilities: Water Type: Public
  • Utilities: Cable Connected, Electricity Connected, Sewer Available, Water Connected
Owner Name
  • Owner Name: Stephen M Laham
Interior and Exterior Features
Exterior Features
  • Pool Features: None
Multi Family
Multi-Family Information
  • Selling Terms Code: Cash
Agent
Agent Information
  • Closing Co. Name: Peninsula Title Services- Nancy Domonousky
  • Closing Co. Address: 4888 Babcock St. NE Palm Bay, FL. 32905- 321-726-6414
Sale and Listing
  • Cumulative DOM: 436
  • Days On Market: 436
  • Possession: Close Of Escrow
Showing and Remarks
  • Showing: Call Listing Agent
  • Appointment Phone: 321-333-7230

Property History for 328 Malabar Road Southwest

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 328 Malabar Road Southwest

This home is within Brevard Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 9 to 12
Charter - K to 12
Rating
School
Distance
John F. Turner, Senior Elementary School
PublicPK to 6

Southwest Middle School
Public7 to 8

Bayside High School
Public9 to 12

Pineapple Cove Classical Academy
CharterK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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328 Malabar Road Southwest is a 1.72 ac of land for sale in Palm Bay, FL 32909. This property was listed for sale on October 23, 2023 by M. David Moallem, Inc, it's currently listed at $1,575,000. This listing's school district is Brevard Public Schools. Nearby schools include John F. Turner, Senior Elementary School, Southwest Middle School and Bayside High School. 328 Malabar Road Southwest is a 0-bed, 0-bath, 1.72 ac of land on a 74,923 sq. ft. / 1.72 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of M. David Moallem, Inc, Vahid Reza Rajabian

The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 11/27/2024 02:05 PM