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Financial
Distress signals
Property profile

1264 Malabar SE Rd Palm Bay, FL 32907

OFF-MARKET
Medical Office Space
Property ID
US18-5134788
5,646 SF 3.49 ac lot Built 1988
Last sale May 2012 · $700,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 14-yr Hold Held for 14 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a medical office building combined with development potential, located just off the Malabar Road corridor. It is configured as a medical office use and includes an anchored hospital tenant with a lease history beginning in 2019 and contract coverage extending through a stated end date with two additional one-year renewal options. The site includes an income-producing medical office component and is suitable for continued medical-office use while supporting future development as permitted by applicable zoning. A roof replacement was completed in October 2025.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$17k
Tax billed · 2023
Assessed value$837k
Assessed land$465k
Assessed improvement$372k
Effective rate2.00%

Value estimate

· Oct 2026
$420k
$378k – $462k
Submarket $/SF estimate$951k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$160/SF
Submarket average, outlier-cleaned · 45 recorded sales of this use type
Observed band · Q1–Q3$96 – $212

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CC
The intent of this district is to permit the development of commercial activities which offer a wide range of goods and services to the s...
General categoryCOMMERCIAL
JurisdictionBREVARD

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm18.5
Realty agency16.5
Dental Office15.0

Location

1264 Malabar SE Rd Palm Bay, FL 32907-2556
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

2 recorded sales · 15 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5116 Minton NW, Palm Bay, FL 32907-1101 $300,000 Oct 2022 1,922 SF
754 Malabar SE, Palm Bay, FL 32907-3254 $490,000 Feb 2020 2,515 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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