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Listed price in listed location currency (USD).
$2,250,000

050

MLS® 1075327

  • Key Facts
  • Description
  • Map

Key Facts

Type Office
Levels Commercial Sale
Size 5010 sqft
Garage 
Taxes $17,681
Days Active 0
Lot Size 
Approx. Age 1988
Avg. Price Per Sqft $449
MLS® Number 1075327

Property Address: 1264 Malabar Rd Se, Palm Bay, FL, 32907-2556

Average square foot calculated using Size range provided by listing agent.

Description

Prime Income-Producing Medical Office & Development Site Secure a turnkey investment featuring an established medical office building, anchored by a stable hospital tenant since 2019. Currently generating $75, 000 in annual gross income, the lease runs through 2027 with two 1-year renewal options. Located just off the high-traffic Malabar Road corridor, this parcel offers immediate cash flow alongside significant development upside. Benefit from a thriving professional ecosystem and versatile zoning in one of the area's most sought-after business hubs. New roof in October 2025.
MLS® Number1075327
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1988
Basement
DrivewayOff Street, Parking Lot, Unassigned
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 22, 2026List Date
$2,250,000List Price
  • Commute

Commute

Starting Address
Destination Address
1264 Malabar Rd Se, Palm Bay, FL

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