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1264 Malabar Road SE , Palm Bay, FL 32907


Sold For: 1975000

Sold on: Sep 3rd, 2026
$ Per Square Foot: Not Available
Beds: 0
Baths: 5
Days on Market: 134

Comments for 1264 Malabar Road SE , Palm Bay, FL 32907

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 areas most sought-after business hubs. New roof in October 2025.

Cooling: Central Air, Electric Parking Notes: Off Street, Parking Lot, Unassigned
Days on Market: 134 Sewer: Public Sewer
Exterior: Block, Stucco Utility Features: Electricity Connected, Water Connected
Heating: Central, Electric Water: Public
Lot Description: Other Year Built: 1988
Lot Size: 3.49 Acres  

Listed By

Agency Name: Rahal Real Estate LLC
Agency Phone: 321-631-0511
Agent Name: Michael J Toppa

Shown By

Agent Name: Conner McCool
Agent Phone: 561.626.7900
Agency Title: Illustrated Properties

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