HOMES BY DARCI
Southern Key Realty
328 Malabar Road SE, Palm Bay FL 32907
Address
328 Malabar Road Se, Palm Bay, FL
Price
$ 1,575,000
Property Attributes
- MLS#1010989
- TypeLand
- Listing Status Active
- CountyBrevard
- CityPalm Bay
- AreaSE Palm Bay
- NeighborhoodPort Malabar Unit 10
- Zip32907
- StyleUnimproved Land
- Taxes$ 11947
- Price$ 1,575,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size1.72 Acres
Data Source:
Space Coast AOR
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.
| Elementary School | Middle School | High School |
|---|---|---|
| Turner Elementary School | Southwest Middle School | Heritage High School |
| Price History | |
|---|---|
| 2/20/2026 | Listed $1,575,000 |
General Features
| Sewer | Septic Tank |
|---|---|
| Utilities | Cable Connected,Electricity Connected,Sewer Available,Water Connected |
| Possession | Close Of Escrow |
| Property Subtype | Unimproved Land |
| Tax Year | 2023 |
| Current Use | Residential,Single Family |
| County | Brevard |
| Property Type | Land |
| HOA | false |
| 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 |
| Senior Community Y/N | false |
| Zoning Description | Commercial/Residential/Office |
| MLS Area | 343 - SE Palm Bay |
| Lot Size Units | Acres |
| Lot Size Square Feet | 74923.2 |
| Elementary School | Turner |
| Land Lease Y/N | false |
| Tax Annual Amount | 11947.78 |
| Middle/Junior High School | Southwest |
| MLS Area Minor | 343 - SE Palm Bay |
| 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 |
Exterior Features
| Fencing | Back Yard |
|---|---|
| Lot Features | Cleared,Wooded |
| Water Source | Public |
| Lot Size Area | 1.72 |
| Lot Size Acres | 1.72 |
| Road Surface Type | Asphalt,Paved |
| Waterfront Y/N | false |
| Road Frontage Type | City Street |
| Number of Lots | 7 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Land Average in 32907
Price
Taxes
The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the multiple listing service (MLS) in which this real estate firm (Broker) participates. The data is provided exclusively for the user's personal non-commercial use, and may not be used for any purpose other than to identify properties that the user may be interested in purchasing or leasing. The properties displayed may not be all of the properties in the MLS's database, or all
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating
