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    Property profile & analytics

    1378 Malabar SE Rd Palm Bay, FL 32907-2553

    • Strip malls
    • 3,280 SF
    • 0.78 lot acres
    OFF-MARKET
    Value Estimation
    $285,000
    Location Intelligence
    Property ID
    US18-3482132
    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

    • Strip malls

    Property Details for 1378 Malabar SE Rd

    Year built
    1981
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.78 lot acres
    Property size
    3,280 SF
    Zone code
    CC
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    29-37-03-25-02212.0-0017.00
    APU
    9223372036854775807

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $320,000

    • CAP approach

      CAP return
      Estimation
      6%
      $265,000
      6.5%
      $265,000
      7%
      $240,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $245,000
      Geo Method
      $215,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $240,000
      Retail
      $240,000
      Mixed-Use
      $275,000
      Hospitality
      $270,000
      Educational
      $280,000
      Residential Income
      $275,000
      Energy
      $210,000
      Income-Based Land
      $255,000
      Food Service
      $225,000

    Location Insight

    • Map
    • Local Demand
    City
    Palm Bay
    County
    Brevard
    State
    Florida
    Longitude
    -80.6157
    Latitude
    27.9981
    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
    $6,778
    $148,160
    $201,070
    $349,230
    -
    $148,160
    $201,070
    $349,230

    Comparable in this City

    • Value Estimation by Request
      91,389 SF

      160 Malabar SW Rd

      SHOPPING CENTER, STRIP CENTER • 91,389 SF
      160 Malabar SW Rd, Palm Bay, FL 32907-2911
      View Details
    • Value Estimation
      $220,000
      2,640 SF

      1384 Malabar SE Rd

      SHOPPING CENTER, STRIP CENTER • 2,640 SF
      1384 Malabar SE Rd, Palm Bay, FL 32907-2548
      View Details
    • Value Estimation
      $1,205,000
      2,340 SF

      1308 Malabar SE Rd

      SHOPPING CENTER, STRIP CENTER • 2,340 SF
      1308 Malabar SE Rd, Palm Bay, FL 32907-3401
      View Details
    • Value Estimation by Request
      15,224 SF

      5070 Minton NW Rd

      SHOPPING CENTER, STRIP CENTER • 15,224 SF
      5070 Minton NW Rd, Palm Bay, FL 32907-1157
      View Details
    • Value Estimation
      $300,000
      4,342 SF

      6295 Minton NE Rd, Unit 2

      SHOPPING CENTER, STRIP CENTER • 4,342 SF
      6295 Minton NE Rd, Palm Bay, FL 32907-3013
      View Details
    • Value Estimation
      $1,635,000
      6,725 SF

      142 Malabar SW Rd

      SHOPPING CENTER, STRIP CENTER • 6,725 SF
      142 Malabar SW Rd, Palm Bay, FL 32907-2916
      View Details

    Similar Nearby for Sale

    • $150,000

      Palm Bay Retail Business Opportunity

      Established Business, High-Growth Area, $150K
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    • $999,000

      Prime Warrensburg Industrial Space

      10,000 SF Warehouse/Manufacturing
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      3.20 Acres

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      Palm Bay Corner Lot Investment

      Prime 3,920 SF Florida Land
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      Palm Bay Commercial Land - $69,500

      Spacious corner lot, ideal for development.
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    Similar Nearby for Lease

    • Contact for pricing

      Retail Parcels Near Publix Center

      Retail development parcels with high visibility and access.
      32907 Usa, Palm Bay, FL 32907
      View Details
    • $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
    • $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
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    Palm Bay, FL 32907-2553
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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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