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$1,500,000
Monthly Est:$7,466
-- Bed
-- Bath
2acres lot
1240 Malabar Rd, Palm Bay, FL 32907
$1,500,000
$7,466/moEst:
Get Pre-Approved
Unimproved Land
Built in -
$-- HOA
2 acres lot
$750,000/acre
Description
This 1.90-acre GC-zoned site sits at I-95 Exit 173 on Malabar Rd (SR 514), Palm Bay's busiest east-west corridor. ±334' frontage offers visibility from the I-95 off-ramp—ideal for QSR, retail, medical, or office use. Traffic exceeds 50,000 VPD, fueled by commuters and growth west of I-95, incl. 800+ homes at St. John's Preserve. City water/sewer available. GC zoning allows development without rezoning. Access is right-in/right-out on Malabar, with potential full access via nearby Babcock St signal. Parcel fits two QSR pads, 10-12K SF strip, or medical/pro office. Palm Bay pop. nearing 149K, median income $67.5K. Major employers nearby incl. L3Harris, Raytheon, Renesas & P...
Continue Reading- Houzeo last checked: 3 minutes ago
- Listing updated: July 3, 2026 at 3:16 pm
- Listing Provided by: Cassandra Hartford (321) 300-4773 | Reach Commercial Real Estate (321) 300-4773
- Source: Space Coast MLS (Space Coast Association of REALTORS®)-FL | MLS#: 1048524
Property Details
Status
Pending
Type
Land
No. of Stories
-
County
City
Neighborhood
--
Year Built
-
HOA Fees
-
Finished Area
- sqft
Lot Size
2 acres lot
Basement Area
- sqft
MLS Name
Space Coast MLS (Space Coast Association of REALTORS®)
MLS Number
1048524
MLS Status
Pending
Days on Market
81
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Sewer
Unknown
Utilities & Energy
Water Source
Other
Utilities
Other
Other Features
Subdivision Name
None
Lot Features
Other
Price History
| Date | Event | Price |
|---|---|---|
07/03/2026 Source: | Pending | $1,500,000 $0/sqft |
06/09/2025 Source: | Listed for Sale | $1,500,000 $0/sqft |
06/09/2025 Source: | Off Market | $1,500,000 $0/sqft |
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Based on information from the Space Coast MLS through Sep 20, 2026, 02:00PM. Information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 Space Coast Association of Realtors®. All Rights Reserved.
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