Video tour
Senatus Joseph, Listing Office: Advanced Integrity Realty, LLC
Property details
About 328 Malabar Rd SE
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.
Highlights
Home typeUnimproved Land
StatusActive
Lot size1.72 Acres
MLS #1010989
Virtual tour
Summary
- MLS Number: 1010989
- MLS Name: Space Coast MLS (Space Coast Association of REALTORS®)
- Office Name: M. David Moallem, Inc
- Office Phone: (321) 724-2424
- Office Email: palmbaylots@hotmail.com
- Listing Agent: Vahid Reza Rajabian
Copyright © 2025 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX 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. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/21/2025, 6:21:05 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$1,575,000
328 Malabar Rd SE
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jan 08, 1997 | Home Sold | $15,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2020 | $10,250 | $250 |
| 2019 | $10,250 | $279 |
| 2018 | $10,250 | $266 |
| 2017 | $9,320 | $266 |
History based on county public records data.
Nearby schools
5
McAuliffe Elementary School
Public District PK-6
0.8 mi
•155 Del Mundo St NW
3
John F. Turner Senior Elementary School
Public District PK-6
0.8 mi
•3175 Jupiter Blvd SE
6
Lockmar Elementary School
Public District PK-6
1.9 mi
•525 Pepper St NE
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $43,368. The majority of Palm Bay, FL residents have income between $35k-100k annually. The most common type of family is married, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
40%
<35k
47%
35k-100k
12%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
31%
Single, No Kids
13%
Single, with Kids
34%
Married, No Kids
22%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
8%
12-17 yrs old
17%
18-34 yrs old
43%
35-64 yrs old
17%
65+ yrs old
What do the neighbors do for fun?
Horse Races
Extreme Sports
Pro Boxing
Where do the neighbors shop?
Stein Mart
Sam's Club
Family Dollar
Where do the neighbors go to eat?
LongHorn Steakhouse
White Castle
Golden Corral
What do the neighbors drive?
Buick
Oldsmobile
Chevrolet
What do the neighbors listen to?
Contemporary Inspirational
Rock
Adult Standards
All data provided by Home Junction and Claritas
Similar homes for sale
Video tour
Viktoriya Goyal, Listing Office: VIKTORIYA GOYAL REALTY
#1033679, Tina Lynn Scarbrough, Listing Office: LPT Realty LLC
#1026968, Dario Rincon Nunez, Listing Office: RE/MAX Elite
Video tour
Michael Mullvain, Listing Office: WESTIN REALTY GROUP
Video tour
Nancy DiPasqua, PLL, Listing Office: CENTERGATE REALTY LLC
Video tour
#1033978, Nancy DiPasqua, Listing Office: Centergate Realty LLC
Backup offersVideo tour
#1033552, William Andersen, Listing Office: Atlantic Group Real Estate
Video tour
#1029361, Philip L Rotondo, Listing Office: Coldwell Banker Realty
Video tour
#1032142, Michael S. Mullvain, Listing Office: Westin Realty Group, Inc
Frequently asked questions
About 328 Malabar Rd SE
This home is located at 328 Malabar Rd SE in Palm Bay, FL and zip code 32907 in the Port Malabar neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since April 15, 2024 and is currently priced at $1,575,000.
While more than 30 listings in Palm Bay, FL in December 2024 were sold above asking price, there were more than 82 listings sold at asking price, and more than 120 were sold below. Between November and December 2024, Palm Bay, FL real estate market has seen increase in the number of listings by 2.3%. Listings spent 70 days on the market in December 2024, and had a median list price of $330,328 during the same period.
From Rocket Homes Real Estate and based on county public records data.