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    Property profile & analytics

    1117 Malabar NE Rd Palm Bay, FL 32907-3261

    • Retail space
    • 2,600 SF
    • 0.42 lot acres
    OFF-MARKET
    Value Estimation
    $355,000
    Last Sale
    Nov 29, 2023
    Location Intelligence
    Property ID
    US18-4438570
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Retail space

    Property Details for 1117 Malabar NE Rd

    Year built
    1991
    Construction
    WOOD
    Lot size
    0.42 lot acres
    Property size
    2,600 SF
    Zone code
    CC
    Property type
    Retail space
    APN
    28-37-33-00-00507.0-0000.00
    APU
    9223372036854775807

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Palm Bay
    County
    Brevard
    State
    Florida
    Longitude
    -80.6367
    Latitude
    27.9992
    CBSA code
    37340
    CBSA name
    PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $5,600
    $168,680
    $120,980
    $289,660
    -
    $168,680
    $120,980
    $289,660

    Comparable in this City

    • Value Estimation
      $350,000
      3,168 SF

      1603 Georgia NE St

      RETAIL STORES (PERSONAL SERVICES) • 3,168 SF
      1603 Georgia NE St, Palm Bay, FL 32907-2597
      View Details
    • Value Estimation
      $4,975,000
      16,710 SF

      175 Malabar NW Rd

      RETAIL STORES (PERSONAL SERVICES) • 16,710 SF
      175 Malabar NW Rd, Palm Bay, FL 32907-2944
      View Details
    • Value Estimation by Request
      4,888 SF

      1260 Malabar SE Rd

      RETAIL STORES (PERSONAL SERVICES) • 4,888 SF
      1260 Malabar SE Rd, Palm Bay, FL 32907-2556
      View Details
    • Value Estimation by Request
      12,903 SF

      399 Emerson NW Dr

      RETAIL STORES (PERSONAL SERVICES) • 12,903 SF
      399 Emerson NW Dr, Palm Bay, FL 32907-1087
      View Details
    • Value Estimation by Request
      15,554 SF

      1160 Malabar SE Rd

      RETAIL STORES (PERSONAL SERVICES) • 15,554 SF
      1160 Malabar SE Rd, Palm Bay, FL 32907-3256
      View Details
    • Value Estimation
      $265,000
      2,944 SF

      6351 Minton NE Rd

      RETAIL STORES (PERSONAL SERVICES) • 2,944 SF
      6351 Minton NE Rd, Palm Bay, FL 32907-3016
      View Details

    Similar Nearby for Sale

    • $150,000

      Palm Bay Retail Business Opportunity

      Established Business, High-Growth Area, $150K
      5108 Minton Rd, Palm Bay, FL 32907
      View Details
    • $56,900

      Palm Bay Land: Double Lots!

      Two lots, canal frontage, no HOA.
      792 Ontario St, Palm Bay, FL 32907
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    • $50,000

      Palm Bay Investment Opportunity

      5,227 SF Land, Multifamily Potential
      1183 Greenview Ct, Palm Bay, FL 32907
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    • $45,900

      Palm Bay Commercial Land - $45,900

      10,018 sq ft lot, residential zoning.
      1282 Malabar Rd, Palm Bay, FL 32907
      View Details
    • $45,000

      Prime Palm Bay Land Investment

      10,019 SF Commercial/Residential Lot
      1330 Illinois St, Palm Bay, FL 32907
      View Details
    • $45,000
      0.26 Acres

      Palm Bay Land For Sale

      Land available in Palm Bay, Florida.
      1832 Firethorn Rd NW, Palm Bay, FL 32907
      View Details

    Similar Nearby for Lease

    • $4,000 /Mo
      2,320 SF

      Palm Bay Commercial Space For Lease

      Commercial space for lease in Palm Bay, Florida.
      1344 Malabar Rd SE, Palm Bay, FL 32907
      View Details
    • $24 SF/Yr
      5,918 SF

      Unique Restaurant and Retail Opportunity

      Former museum spaces ideal for restaurant, food hall, or retail.
      1510-1520 Highland Ave, Melbourne, FL 32907
      View Details
    • $4,000 /Mo

      Retail Space on Malabar Road

      Retail space with flexible layout and fenced rear exterior.
      1344 Malabar Rd SE, Palm Bay, FL 32907
      View Details
    • Contact for pricing

      Retail Parcels Near Publix Center

      Retail development parcels with high visibility and access.
      32907 Usa, Palm Bay, FL 32907
      View Details
    • $17 SF/Yr
      9,010 SF

      Malabar Road Office Complex

      Palm Bay Office/Retail Space Available
      1326 Malabar Rd, Palm Bay, FL 32907
      View Details
    • Contact for pricing
      87,120 SF

      Palm Bay Commercial Land Lease

      High-traffic location, build-to-suit options.
      6370 Minton Rd, Palm Bay, FL 32907
      View Details

    Property Visit Statistics

    • Visits by month
      2.5k
    • Visitors by month
      2.1k
    • Avg Time on site
      47 min
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    1117 Malabar NE Rd
    Palm Bay, FL 32907-3261
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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
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