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    Malabar Rd Malabar, FL 32950

    Sponsored
    For Sale
    $295,000

    2.49 Acres, High-Traffic Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This 2.49-acre parcel sits at the highly visible northwest corner of Malabar Road and Corey Road in Malabar, Florida (32950), boasting an estimated 373 feet of frontage on Malabar Road and 256 feet on Corey Road. The property enjoys exposure to over 20,000 vehicles per day. Its R/LC Future Land Use designation permits a wide range of development options, including office, medical, restaurant, multi-family, and single-family residential uses. Utilities include city water, septic, and FPL power. The location offers exceptional accessibility and proximity to Malabar's hospital, post office, town hall, and existing residential, retail, and commercial areas. This prime location is ideal for investors or owner-users seeking a site with significant development potential and high visibility. The property's APN is 28-37-35-00-755. This is a rare opportunity to acquire a strategically located parcel poised for future growth in a thriving community. The asking price is $295,000. Serious inquiries only.

    Property Features for 0 Malabar Rd

    General Information

    Property type
    Farms
    Lot Size
    108,464 SF

    HighLights

    • 2.49‑acre parcel in Malabar, FL (32950), at the highly visible corner of Malabar & Corey Roads.
    • 373' frontage on Malabar Road and 256' on Corey Road, with over 20,000 vehicles per day.
    • R/LC Future Land Use designation allows for diverse development (office, medical, restaurant, multi‑family, single‑family).
    • City water, septic, and FPL power available. Excellent location near hospital, post office, and town hall.
    • APN: 28‑37‑35‑00‑755. Asking price: $295,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Malabar
    County
    Brevard
    State
    Florida
    Longitude
    -80.5847192
    Latitude
    27.9979949

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    FAQs

    What type of property is this?
    Farm - 2.49 Acres, High-Traffic Location
    Where is this farm located?
    The property is located at Malabar Rd Malabar, FL.
    What is the asking price?
    The asking price for this property is $295,000.
    What are key features of this property?
    This property features: 2.49-acre parcel in Malabar, FL (32950), at the highly visible corner of Malabar & Corey Roads.; 373' frontage on Malabar Road and 256' on Corey Road, with over 20,000 vehicles per day.; R/LC Future Land Use designation allows for diverse development (office, medical, restaurant, multi-family, single-family).
    Request Owner's contact information
    Malabar Rd Malabar, FL 32950
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    Malabar Rd
    Malabar, FL 32950
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Malabar Rd Malabar, FL 32950
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