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Property profile

1326 Malabar Rd SE Palm Bay, FL 32907

FOR SALE
Office buildings
Property ID
US18-4500005
10,628 SF 0.77 ac lot Built 1984
Last sale Apr 2016 · $475,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 10-yr Hold Held for 10 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

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…

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?
$11k
Tax billed · 2023
Assessed value$555k
Assessed land$146k
Assessed improvement$409k
Effective rate1.93%

Value estimate

· Oct 2026
$325k
$293k – $358k
Submarket $/SF estimate$1.49M
NOI build-up
Gross scheduled income$195k
Vacancy & credit loss−$31k
Operating expenses−$41k
NOI · 9.08% cap applied$123k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$200/SF
Submarket average, outlier-cleaned · 326 recorded sales of this use type
Observed band · Q1–Q3$140 – $294

Cap rate analysis

How does the asset earn?
9.08%
$123k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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 Office15.9

Location

1326 Malabar Rd SE Palm Bay, FL 32907
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

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1491 Emerson NE, Palm Bay, FL 32907-3293 $4,700,000 Jul 2025 2,250 SF
852 Jupiter NW, Palm Bay, FL 32907-8208 $1,500,000 Mar 2025 5,668 SF
828 Malabar SE, Palm Bay, FL 32907-3207 $150,000 Nov 2024 2,414 SF
1516 Norman NE, Palm Bay, FL 32907-2504 $1,720,000 Nov 2023 3,256 SF
5030 Minton NW, Palm Bay, FL 32907-1100 $1,050,000 May 2022 4,592 SF
1430 Culver NE, Palm Bay, FL 32907-1132 $232,500 Mar 2020 22,470 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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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