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22456705
22456706

1264 Malabar Road SE, Palm Bay, FL 32907

Rahal Real Estate LLC
Listed by Rahal Real Estate LLC
$2,250,000
438 days on market
Updated 25 days ago

1264 Malabar Road SE

Details
APN 29-37-04-00-00010.0-0000.00
Property Type Office
Sub Type Traditional Office, Medical Office (+1)
Square Footage 5,010
Units 1
Year Built 1988
Stories 1
Acreage 3.490

Office | 5,010 SqFt

Marketing 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.
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Rahal Real Estate LLC
Listed by Rahal Real Estate LLC

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