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Land for sale at 328 Malabar Rd Se, Palm Bay, FL 32907 | MLS# 1010989 | Listing updated on 2026-10-05
Photo 1 of Land for sale at 328 Malabar Rd Se, Palm Bay, FL 32907 | MLS# 1010989 | Listing updated on 2026-10-05
Photo 2 of Land for sale at 328 Malabar Rd Se, Palm Bay, FL 32907 | MLS# 1010989 | Listing updated on 2026-10-05
Photo 3 of Land for sale at 328 Malabar Rd Se, Palm Bay, FL 32907 | MLS# 1010989 | Listing updated on 2026-10-05
Photo 4 of Land for sale at 328 Malabar Rd Se, Palm Bay, FL 32907 | MLS# 1010989 | Listing updated on 2026-10-05
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$1,495,000

Monthly Est:$7,441

  • Beds Icon-- Bed
  • Beds Icon
    -- Bath
  • Beds Icon1.72acres lot

328 Malabar Rd Se, Palm Bay, FL 32907

$7,441/moEst:

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  • Unimproved Land

  • Built in -

  • $-- HOA

  • 1.72 acres lot

  • $869,186/acre

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.

  • Houzeo last checked: 9 minutes ago
  • Listing updated: October 5, 2026 at 6:56 pm
  • Listing Provided by: Vahid Reza Rajabian (321) 333-7230 | M. David Moallem, Inc (321) 724-2424
  • Source: Space Coast MLS (Space Coast Association of REALTORS®)-FL | MLS#: 1010989 Space Coast MLS (Space Coast Association of REALTORS®)-FL

Property Details

  • Status

    Active

  • Type

    Land

  • No. of Stories

    -

  • County

    Brevard County

  • City

    Palm Bay

  • Neighborhood

    --

  • Year Built

    -

  • HOA Fees

    -

  • Finished Area

    - sqft

  • Lot Size

    1.72 acres lot

  • Basement Area

    - sqft

  • MLS Name

    Space Coast MLS (Space Coast Association of REALTORS®)

  • MLS Number

    1010989

  • MLS Status

    Active

  • Days on Market

    680

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedroom: --

    Bathroom: --

Interior

  • Sewer

    Septic Tank

Utilities & Energy

  • Water Source

    Public

  • Utilities

    Cable Connected, Electricity Connected, Sewer Available, Water Connected

Other Features

  • Lot Features

    Cleared, Wooded

  • Subdivision Name

    Port Malabar Unit 10

Price History

DateEventPrice

11/27/2024

Source: mls_logoSpace Coast MLS (Space Coast Association of REALTORS®)-FL #1010989

Price Decreased

$1,495,000 -5.08%

$0/sqft

11/27/2024

Source: mls_logoSpace Coast MLS (Space Coast Association of REALTORS®)-FL #1010989

Listed for Sale

$1,575,000

$0/sqft

Nearby Homes

Based on information from the Space Coast MLS through Oct 09, 2026, 04:30AM. 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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