Palm Bay, FL 32907,1264 Malabar RD SE
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Palm Bay, FL 32907,1264 Malabar RD SE
Palm Bay, FL 32907,1264 Malabar RD SE
Palm Bay, FL 32907,1264 Malabar RD SE
Palm Bay, FL 32907,1264 Malabar RD SE
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$ 1,290,000
Est. payment /mo
Active

1264 Malabar RD SE Palm Bay, FL 32907

5 Baths

5,010 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 5,010 sqft

Price per Sqft $257

MLS Listing ID 1040801

Total Fin. Sqft 5010

Year Built 1988

Annual Tax Amount $17,681

Tax Year 2024

Lot Size 0.990 Acres

Acres 0.99

Property Sub-Type Office

Source Space Coast MLS (Space Coast Association of REALTORS®)

Property Description

Investment opportunity: Established medical office building with a stable hospital tenant since 2019. NNN lease in place until 2027, with two additional 1-year options. Generates $75,000 annual gross income.

Location

State FL

County Brevard

Area 343 - Se Palm Bay

Direction From I95, east on Malabar Rd. to 1264 on the right (just before Babcock St.).

Interior

Heating Central, Electric

Cooling Central Air, Electric

Inclusions Building & Land

Exterior

Exterior Feature ExteriorFeatures

Parking Features Off Street, Parking Lot, Unassigned

Utilities Available Electricity Connected, Water Connected

Present Use Medical/Dental

Garage No

Building

Lot Description Other

Sewer Public Sewer

Water Public

Others

Senior Community No

Tax ID 29-37-04-00-00010.0-0000.00

Special Listing Condition Standard, Presently Leased

ParcelsYN Yes

Virtual Tour https://www.propertypanorama.com/instaview/spc/1040801


Space Coast Association of Realtors (Brevard MLS)
Listed by Rahal Real Estate LLC
agent

Kathy Carson

Advisor | License ID: 3347821

+1(772) 774-9442

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1264 Malabar RD SE