1326 Malabar Rd SE Palm Bay, FL 32907
For Sale
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This two-story, 9,010-square-foot multi-tenant office building in Palm Bay, Florida, offers a prime location near the I-95 and Malabar Road intersection. Built in 1984, the property sits on approximately 0.6 acres and features nine suites, with 3,238 square feet currently vacant. The building's zoning permits retail, office, medical, financial, and personal services uses, making it highly versatile. Its strategic location within a thriving retail and dining corridor, close to major residential developments, Palm Bay Hospital, Eastern Florida State College, and numerous big-box retailers (including Lowe's, Home Depot, Publix, and Walmart), ensures high visibility and accessibility. The available space presents a unique opportunity for businesses seeking a well-situated office or retail presence in a dynamic Palm Bay submarket. The property's address is 1326 Malabar Rd, Palm Bay, FL 32907, and its APN is 29-37-03-25-02211.0-0012.00. One suite of 1,024 square feet is currently available. This is a great opportunity to establish or expand your business in a high-traffic area with excellent amenities and strong demographics. The property is located in Brevard County.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CC · Palm Bay, FLPalm Bay. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.