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    Malabar Rd Malabar, FL 32950

    For Sale
    $295,000

    High-traffic location, flexible zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 2.49-acre corner lot at 0 Malabar Road, Malabar, FL 32950, presents a remarkable investment opportunity. Boasting a substantial 108,464 square feet, this mixed-use property is ideally situated at a high-traffic intersection, promising significant visibility and accessibility. The property's R/LC Future Land Use designation offers unparalleled flexibility, permitting a wide array of development options. These include office, medical, restaurant, multi-family, single-family, and duplex construction, making it suitable for both owner-occupiers and investors. Its strategic location, approximately halfway between Interstate 95 and US1, positions it perfectly to capitalize on the burgeoning growth experienced in Malabar, Palm Bay, and the surrounding areas. The property's potential for future appreciation is substantial, given the increasing population and anticipated development in the region. This is a prime opportunity to acquire a versatile and strategically located parcel of land with significant upside potential. The asking price is $295,000.

    Property Features for 0 Malabar Rd

    General Information

    Property type
    Multifamily properties

    HighLights

    • 2.49‑acre corner lot in Malabar, FL.
    • 108,464 square feet of mixed‑use land.
    • High‑traffic intersection location for excellent visibility and accessibility.
    • R/LC Future Land Use designation allows diverse development options (office, medical, restaurant, multi‑family, single‑family, duplex).
    • Strategic location between I‑95 and US1, benefiting from area growth.
    • $295,000 asking price.
    Property Profile Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Map

    City
    Malabar
    County
    Brevard
    State
    Florida
    Longitude
    -80.5923617
    Latitude
    27.9980784

    Nearby Comparable

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      Malabar Road Commercial Land Parcel

      2.49 Acres, High-Visibility Location
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    • $295,000

      Land with High Traffic Visibility

      Land with frontage on Malabar and Corey Roads intersection.
      1572 Malabar Rd, Malabar, FL 32907
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    • $165,000

      Malabar Commercial Land - $165K

      1.5-acre lot, gated community, Florida retreat.
      1495 Absaroka Ln, Malabar, FL 32950
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      2.49 Acres

      Malabar Road Corner Lot

      2.49 Acres, High-Traffic Location
      0 Malabar Rd, Malabar, FL 32950
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    • $149,900

      Malabar Land: 1.4 Acres, $149,900

      1.4-Acre Commercial/Residential Lot in Malabar, FL
      0 Tbd Oakridge Ln, Malabar, FL 32950
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    FAQs

    What type of property is this?
    Multifamily property - High-traffic location, flexible zoning.
    Where is this multifamily property 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 corner lot in Malabar, FL.; 108,464 square feet of mixed-use land.; High-traffic intersection location for excellent visibility and accessibility.
    Request Owner's contact information
    Malabar Rd Malabar, FL 32950
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    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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