$675,000
Palm Bay, FL 32909
MLS# 868411
Status: Closed
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Property Description
This rectangle-shaped vacant commercial land parcel is located on bustling Malabar Road, just a short drive to Interstate 95, Orlando-Melbourne airport, and local beaches. • The lot has approximately 250 feet of direct frontage on Malabar Road. This is a high-traffic area, with a range reported by Space Coast TPO of 23,420 - 35.090 cars passing daily along this section of Malabar Road. To increase the depth possibilities of this location, please note that the vacant land parcel to the immediate south is also available for sale under separate listing. Details are available upon request. • This vacant land parcel is zoned IU - Institutional Use district. Water and sewer would be provided by the City of Palm Bay.
Details
Maps
Location, Tax, and Legal
Tax Account: 2926330
Parcel Number: 29-37-06-01-00000.0-0011.00
General County Location: South
Elementary School: Turner
Middle School: Southwest
High School: Heritage
Tax Annual Amount: 5250.93
Tax Year: 2019
Tax Legal Description: POINT WEST ESTATES LOT 11 EXC ORB 3659 PG 2758
Directions: This parcel lies on the south side of
Malabar Road, just 1.8 miles west of the Interstate 95 interchange
General Property Information
Lot Size Acres: 0.9
Lot Size Square Feet: 39204
Association YN: No
Property Use: 12 / COMMERCIAL RELATED AMENITIES
Water Body Access YN: No
Senior Community YN: No
List Price/Acre: 750000
Sold Price/Acre: 750000
Currently Not Used
Pool Private YN: No
Remarks and Miscellaneous
Public Remarks: This rectangle-shaped vacant commercial land parcel is
located on bustling Malabar Road, just a short drive to
Interstate 95, Orlando-Melbourne airport, and local beaches.
• The lot has approximately 250 feet of direct frontage on
Malabar Road. This is a high-traffic area, with a range
reported by Space Coast TPO of 23,420 - 35.090 cars passing
daily along this section of Malabar Road. To increase the
depth possibilities of this location, please note that the
vacant land parcel to the immediate south is also available
for sale under separate listing. Details are available upon
request.
• This vacant land parcel is zoned IU - Institutional Use district.
Water and sewer would be provided by the City of Palm Bay.
Current Use
Commercial: 1
Listing Terms
Cash: 1
Lot Features
Corner Lot: 1
Wooded: 1
Possession
Close Of Escrow: 1
Road Surface Type
Paved: 1
Special Listing Conditions
Standard: 1
Utilities
Water Available: 1
Historical Information
Public Historical Remarks 3: Frontage Description: City Road
Contract Information
Current Price: $675,000
Original List Price: 475000
Sold Price: $675,000
Status: Closed
Listing Contract Date: 2020-01-27
Property Sub Type: Unimproved Land
Location Tax and Legal
Street Number: 110
Street Direction Prefix: SW
Street Name: Greenacre
Street Suffix: Drive
Street Direction Suffix: SE
County: Brevard
State: FL
Postal Code: 32909
MLS Area Major: 343 - SE Palm Bay
Subdivision Name: None
Status Change Information
Major Change Timestamp: 2024-02-21T22:12:33Z
Major Change Type: Status Change
Price Change Timestamp: 2023-10-06T17:37:23Z
Status Change Timestamp: 2024-02-21
Purchase Contract Date: 2024-02-01
Close Date: 2024-02-16
Close Price: 675000
Property Features
Current Use: Commercial
Listing Terms: Cash
Lot Features: Corner Lot; Wooded
Possession: Close Of Escrow
Road Surface Type: Paved
Special Listing Conditions: Standard
Utilities: Water Available
Listing Office: Dreyer & Associates R.E. Grp.
Last Updated: June - 27 - 2026
Information is deemed to be reliable, but is not guaranteed.