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1264 Malabar Road SE , Palm Bay, FL 32907

$2,250,000

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Property 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 areas most sought-after business hubs. New roof in October 2025.

1264 Malabar Road SE | MLS# 1075327

This commercial property located at 1264 Malabar Road SE , Palm Bay, FL 32907 is currently listed for sale with an asking price of $2,250,000. Search Palm Bay real estate on timhack.watsonrealtycorp.com today.

SQUARE FEET5,010 MLS#1075327

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Property Features

Property Type: Commercial - Office

Cooling: Central Air, Electric

Heating: Central, Electric

Lot Size: 3.49 Acres

Year Built: 1988

Square Feet: 5,010

Feature Descriptions

Days on Site: 34

Exterior: Block, Stucco

Lot: Other

Parking Notes: Off Street, Parking Lot, Unassigned

Sewer: Public Sewer

Utility Features: Electricity Connected, Water Connected

Water: Public

Listed By / Shown By

Listed By

Agency Name: Rahal Real Estate LLC
Agency Phone: 321-631-0511

Shown By

Agent Name: Tim Hack
Agent Phone: (386) 740-5945
Agency Title: Watson Realty Corp., REALTORS ®

1264 Malabar Road SE , Palm Bay, FL 32907

$2,250,000

SAVE TOUR PROPERTY

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 05/27/2026. The listing information on this page last changed on 05/27/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 05/27/2026 12:03:04 AM EST) or GAMLS (last updated Tue 05/26/2026 11:15:05 PM EST) or Stellar MLS (last updated Tue 05/26/2026 11:58:59 PM EST) or SPC MLS (last updated Tue 05/26/2026 11:20:56 PM EST) or Martin MLS (last updated Tue 05/26/2026 11:38:09 PM EST) or Indian River MLS (last updated Tue 05/26/2026 11:30:15 PM EST) or Daytona MLS (last updated Tue 05/26/2026 11:36:45 PM EST) or Northeast Florida MLS (last updated Tue 05/26/2026 11:58:54 PM EST) or Beaches MLS (last updated Tue 05/26/2026 5:59:08 PM EST) or BORMLS (last updated Tue 05/26/2026 11:14:56 PM EST) or Golden Isles MLS (last updated Tue 05/26/2026 11:26:15 PM EST) or Amelia/Nassau MLS (last updated Tue 05/26/2026 11:25:12 PM EST) or Dixie Gilchrist Levy MLS (last updated Tue 05/26/2026 11:42:15 PM EST) or NFLMLS (last updated Tue 05/26/2026 9:04:07 PM EST). Real estate listings held by brokerage firms other than Watson Realty Corp., REALTORS ® may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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1264 Malabar Road SE , Palm Bay, FL 32907

Property Description

1264 Malabar Road SE | MLS# 1075327

Property Features

Feature Descriptions

Listed By / Shown By

1264 Malabar Road SE , Palm Bay, FL 32907

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