880 Malabar SE Rd Palm Bay, FL 32907-3207
- Grocery and convenience stores
- 4,970 SF
- 1.49 lot acres
May 19, 2023
Current Use by Public Records
- Grocery and convenience stores
Property Details for 880 Malabar SE Rd
- Year built
- 2015
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 1.49 lot acres
- Property size
- 4,970 SF
- Zone code
- RC
- Property type
- Grocery and convenience stores
- APN
- 29-37-05-GJ-00305.0-0009.00
- APU
- 293705GJ003050000900
Description
This exceptional 823,719.6 square foot commercial land parcel presents a unique investment opportunity in the desirable Malabar, Florida area. Located at 0000 W Of 880 Malabar Road, zip code 32950, this expansive property offers nearly 20 acres of buildable land, providing ample space for a wide range of commercial ventures. The property is zoned for commercial use (specific zoning details should be independently verified). Built in 1963, the existing structure on the property requires demolition, presenting a blank canvas for a new development. The single-story building currently on site is not suitable for continued use. Buyers should conduct their own due diligence regarding zoning regulations and permitted uses. The location offers convenient access to local amenities, including shopping and dining options, while still maintaining a connection to the charming community of Malabar. This substantial acreage is perfect for developers seeking a large-scale project, offering the potential for a variety of uses, from custom homes to commercial developments or even specialized facilities. The property's size and location make it a highly attractive investment opportunity in a growing Florida market. The asking price is $1,300,000. Serious inquiries only.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Palm Bay
- County
- Brevard
- State
- Florida
- Longitude
- -80.648
- Latitude
- 27.9983
- CBSA code
- 37340
- CBSA name
- PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA