1264 Malabar RD SE new

Palm Bay,FL 32907

$ 1290000

0 Bed

5 Baths

5010 SqFt


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

Originating Board Space Coast MLS (Space Coast Association of REALTORS®)

Year Built 1988

Annual Tax Amount $17,681

Tax Year 2024

Lot Size 0.990 Acres

Acres 0.99

Property Sub-Type Office

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

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