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Residential Zoned Development Lot
For Sale
$50,000

1242 Malabar Road Sw, Palm Bay, FL 32907

Residential-zoned lot with well water and septic, located along a main thoroughfare for convenient access.

Property SizeContact for details
Days on Market55

Property Features for 1242 Malabar Road Sw

General Information

Standard status Active
Property subtype Land

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $302
Listing Agency: Cheryl Smith Realty, Inc
Listed By: Cheryl L Smith · License #426949
Source: Exprealty
Added: Jul 14 Changed: Sep 3 Last Checked: Sep 5 at 2:45PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cheryl Smith Realty, Inc

Investment Insights

Based on property information with market context.

This residential-zoned development lot offers utility service via well water and septic. It is positioned for straightforward access to surrounding routes and amenities.

The property sits along a main thoroughfare and is described as being on the Malabar Road corridor, where shoppers can find a variety of retail, restaurants, and banking nearby. The St. John’s Heritage Parkway is noted as a 3-minute trip, connecting to US-192 and I-95.

The site is also described as being near one of the city’s largest parks, with access to a playground, community center, sports fields, and a pet area.

Key Highlights

  • Residential‑zoned property located along a main thoroughfare
  • Site uses well water and septic
  • Near the Malabar Rd corridor with access to stores, restaurants, and banking

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Hair Salon Law Firm HVAC Service Real Estate Agency Auto Repair Shop Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

56
Businesses Nearby

Demographics for 32907, FL

44,432
Population
17,761
Households
2.5
Avg Household Size
44
Median Age
22%
College-Educated
91%
High-School Grad
17.7 sq mi
ZIP Area
2,510
Density / Sq Mi
$71,827
Median Household Income
$36,498
Median Earnings
$1,693
Median Rent
$253,700
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Residential-zoned lot with well water and septic, located along a main thoroughfare for convenient access.
Where is this residential land & home lot located?
The property is located at 1242 Malabar Road Sw Palm Bay, FL.
What is the asking price?
The asking price for this property is $50,000.
What are key features of this property?
This property features: Residential‑zoned property located along a main thoroughfare; Site uses well water and septic; Near the Malabar Rd corridor with access to stores, restaurants, and banking
More about this property
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