UPDATED:
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1058524
Annual Tax Amount $69,537
Tax Year 2023
Lot Size 2.590 Acres
Acres 2.59
Property Sub-Type Unimproved Land
Source Space Coast MLS (Space Coast Association of REALTORS®)
Property Description
Palm Bay's market is heating up in 2025, with the city's population hitting around 146,000 (up 3.65% yearly) and Brevard County's unemployment at a low 4.3%. The industrial/flex sector is strong, boasting 4.49% absorption and rents climbing to $14-17/SF NNN, making flex park the top play under CC/IU zoning with up to 0.5 FAR. Completed I-95 upgrades in 2026 boost connectivity and long-term upside.
Location
State FL
County Brevard
Area 343 - Se Palm Bay
Direction Take I-95 to Exit 173 for Malabar Road, head east, and the property at 1206 Malabar Rd SE will be on your right.
Exterior
Exterior Feature ExteriorFeatures
Utilities Available Other
View City, Other
Present Use Other
Road Frontage City Street
Garage No
Building
Lot Description Cleared
Sewer Unknown
Water None
Additional Building Other
Schools
Elementary Schools Port Malabar
High Schools Palm Bay
Others
Senior Community No
Tax ID 29-37-04-00-00017.0-0000.00
Acceptable Financing Other
Listing Terms Other
Special Listing Condition Standard
Virtual Tour https://www.propertypanorama.com/instaview/spc/1058524
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