- Overview
- Description
- Property Details
- Location
- Facts & Features
- Getting Around
- Nearby Homes
$1,495,000
Monthly Est:$7,441
-- Bed
- -- Bath
1.72acres lot
328 Malabar Rd Se, Palm Bay, FL 32907
$1,495,000
$7,441/moEst:
Get Pre-Approved
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

Property Details
Status
Active
Type
Land
No. of Stories
-
County
City
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
| Date | Event | Price |
|---|---|---|
11/27/2024 Source: | Price Decreased | $1,495,000 -5.08% $0/sqft |
11/27/2024 Source: | Listed for Sale | $1,575,000 $0/sqft |
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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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