1264 Malabar RD SE, Palm Bay, FL 32907
1264 Malabar RD SE, Palm Bay, FL 32907
1264 Malabar RD SE, Palm Bay, FL 32907
18
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$2,250,000
Est. payment /mo
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5 Baths
5,010 SqFt
Active

1264 Malabar RD SE Palm Bay, FL 32907

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Jon Carroll

Jon Carroll

+1(772) 633-1852

UPDATED:

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 5,010 sqft

Price per Sqft $449

MLS Listing ID 1075327

Total Fin. Sqft 5010

Year Built 1988

Annual Tax Amount $17,681

Tax Year 2024

Lot Size 3.490 Acres

Acres 3.49

Property Sub-Type Office

Source Space Coast MLS (Space Coast Association of REALTORS®)

Land Area 5010

Property Description

Prime Income-Producing Medical Office & Development Site Secure a turnkey investment featuring an established medical office building, anchored by a stable hospital tenant since 2019. Currently generating $75,000 in annual gross income, the lease runs through 2027 with two 1-year renewal options. Located just off the high-traffic Malabar Road corridor, this parcel offers immediate cash flow alongside significant development upside. Benefit from a thriving professional ecosystem and versatile zoning in one of the area's most sought-after business hubs. New roof in October 2025.

Location

State FL

County Brevard

Area 343 - Se Palm Bay

Direction From I95, east on Malabar Rd. to 1264 on the right (just before Babcock St.).

Interior

Heating Central, Electric

Cooling Central Air, Electric

Inclusions Building & Land

Exterior

Exterior Feature ExteriorFeatures

Parking Features Off Street, Parking Lot, Unassigned

Utilities Available Electricity Connected, Water Connected

Present Use Medical/Dental

Garage No

Building

Lot Description Other

Sewer Public Sewer

Water Public

Others

Senior Community No

Tax ID 29-37-04-00-00010.0-0000.00

Special Listing Condition Standard, Presently Leased

ParcelsYN No

Space Coast Association of Realtors (Brevard MLS)
Listed by Rahal Real Estate LLC

NEARBY SCHOOL & BUSINESS

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Jon Carroll

Jon Carroll

Agent | SLSL3302123

+1(772) 633-1852

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1264 Malabar RD SE

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