Foreclosure
Address
328 Malabar Road SE, Palm Bay, FL
Price
$ 1,575,000
Property Attributes
- MLS#1010989
- TypeLand
- 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 | |
|---|---|
| 4/15/2024 | Listed $1,575,000 |
General Features
| Sewer | Septic Tank |
|---|---|
| Utilities | Cable Connected,Electricity Connected,Sewer Available,Water Connected |
| Possession | Close Of Escrow |
| Pool Features | None |
| Property SubType | Unimproved Land |
| Tax Year | 2023 |
| Current Use | Residential,Single Family |
| County | Brevard |
| Property Type | Land |
| HOA / Comm Assn | No |
| 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 |
| View Y/N | No |
| Senior Community Y/N | No |
| Zoning Description | Commercial/Residential/Office |
| MLS Area | 343 - SE Palm Bay |
| Lot Size Square Feet | 74923.2 |
| Waterfront Y/N | No |
| Street Name | Malabar |
| Elementary School | Turner |
| Land Lease Y/N | No |
| Tax Annual Amount | 11947.78 |
| Home Warranty Y/N | No |
| Middle/Junior High School | Southwest |
| Lease Renewal Y/N | No |
| MLS Area Minor | 343 - SE Palm Bay |
| Lease Considered Y/N | No |
| Virtual Tour | https://www.propertypanorama.com/instaview/spc/1010989 |
| Standard Status | Active |
| MobileHomeRemainsYN | No |
| Legal Description | PORT MALABAR UNIT 10 LOT 6,7,8,9,10,14,15 BLK 361 EXC ORB 3635 PG 3312 |
Interior Features
| Basement (Y/N) | No |
|---|---|
| Street Suffix | Road |
| Electric On Property Y/N | No |
Exterior Features
| Fencing | Back Yard |
|---|---|
| Lot Features | Cleared,Wooded |
| Water Source | Public |
| Lot Size Area | 1.72 |
| Spa | No |
| Lot Size Acres | 1.72 |
| Road Surface Type | Asphalt,Paved |
| Lot Size Units | Acres |
| Road Frontage Type | City Street |
| Number of Lots | 7 |
| Crops Included Y/N | No |
| Open Parking Y/N | No |
| Irrigation Water Rights Y/N | No |
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
Visits
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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 consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Updated on May 15, 2024 12:59 PM UTC
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