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.
Foreclosure
$1,575,000
328 Malabar Rd SE, Palm Bay, FL 32907
--beds
--baths
1.72Acres
Unimproved Land
Built in ----
1.72 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
High visibilityExisting houses
- 250 days
- on Zillow |
- 148 |
- 2 |
Zillow last checked: 7 hours ago
Listing updated: November 27, 2024 at 12:05pm
Listed by:
Vahid Reza Rajabian 321-333-7230,
M. David Moallem, Inc
Source: Space Coast AOR,MLS#: 1010989
Travel times
Facts & features
Interior
Features
- Has fireplace: No
Video & virtual tour
Property
Features
- Pool features: None
- Fencing: Back Yard
Lot
- Size: 1.72 Acres
- Features: Cleared, Wooded
Details
- Parcel number: 293706Gk00361.00015, 14, 10, 9, 8, 7, 6, .00
- Zoning description: Commercial/Residential/Office
- Special conditions: Real Estate Owned,Standard
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected, Sewer Available, Water Connected
Community & HOA
Community
- Subdivision: Port Malabar Unit 10
HOA
- Has HOA: No
Location
- Region: Palm Bay
Financial & listing details
- Tax assessed value: $11,270
- Annual tax amount: $11,947
- Date on market: 11/27/2024
- Listing terms: Cash
- Road surface type: Asphalt, Paved
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