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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
    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.
    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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