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New Medical Office Building
For Sale
Contact for pricing
Pending

460 Malabar Rd SW, Palm Bay, FL 32907

Medical office completed in 2023 with flexible demising potential.

Property Size12,000 SF
Days on Market806

Property Features for 460 Malabar Rd SW

General Information

Standard status Pending
Size 12,000 SF
Class A
Property subtype Office
Lease Type NNN

Building Details

Year Built 2023
Buildings 1
Stories 1
Units 1
Tenancy Single
Listing Agency: Cushman & Wakefield - Orlando, Florida
Listed By: Anne Spencer · License #FL
Source: Crexi
Added: Jun 18, 2024 Changed: Aug 30 Last Checked: Aug 30 at 8:54PM

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 Cushman & Wakefield - Orlando, Florida

Investment Insights

Based on property information with market context.

This 12,000-square-foot medical office property was completed in 2023 and is located in Palm Bay, Florida. The building is offered for sale or lease and can be divided into smaller premises, providing flexibility for different occupancy configurations.

The property is positioned on Malabar Road in Palm Bay. Its medical-office classification and recent construction provide a focused commercial setting for healthcare-related occupancy. Transaction options include both sale and lease.

Key Highlights

  • 12,000‑square‑foot medical office property
  • Completed in 2023
  • Can be divided into smaller premises

Property Analytics

Current Use

Medical Office Space

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.

Location Intelligence

Trade Area within ½ mile

56
Businesses Nearby
Balanced
Demand for This Use

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

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Medical office completed in 2023 with flexible demising potential.
Where is this medical office space located?
The property is located at 460 Malabar Rd SW Palm Bay, FL.
What are key features of this property?
This property features: 12,000‑square‑foot medical office property; Completed in 2023; Can be divided into smaller premises
(407) 541-4434 Call to check price and availability
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