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1264 Malabar Road SE
Palm Bay, FL
Listing Details
- $2,250,000
- MLS# 1075327
- Type Commercial - Office
- Status
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.
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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 05/21/2026. The listing information on this page last changed on 05/21/2026. 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 Thu 05/21/2026 12:00:34 AM EST) or Miami MLS (last updated Wed 05/20/2026 11:48:42 PM EST) or Stellar MLS (last updated Wed 05/20/2026 11:44:15 PM EST) or SPC MLS (last updated Wed 05/20/2026 11:20:56 PM EST) or Martin MLS (last updated Wed 05/20/2026 11:38:13 PM EST) or Indian River MLS (last updated Wed 05/20/2026 11:30:19 PM EST) or Northeast Florida MLS (last updated Wed 05/20/2026 11:58:59 PM EST) or Beaches MLS (last updated Wed 05/20/2026 11:58:13 PM EST) or Naples MLS (last updated Wed 05/20/2026 11:40:23 PM EST) or PBI MLS (last updated Wed 05/20/2026 11:21:38 PM EST) or Florida Keys MLS (last updated Wed 05/20/2026 8:33:05 PM EST). Real estate listings held by brokerage firms other than Illustrated Properties 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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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 05/21/2026. The listing information on this page last changed on 05/21/2026. 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 Thu 05/21/2026 12:00:34 AM EST) or Miami MLS (last updated Wed 05/20/2026 11:48:42 PM EST) or Stellar MLS (last updated Wed 05/20/2026 11:44:15 PM EST) or SPC MLS (last updated Wed 05/20/2026 11:20:56 PM EST) or Martin MLS (last updated Wed 05/20/2026 11:38:13 PM EST) or Indian River MLS (last updated Wed 05/20/2026 11:30:19 PM EST) or Northeast Florida MLS (last updated Wed 05/20/2026 11:58:59 PM EST) or Beaches MLS (last updated Wed 05/20/2026 11:58:13 PM EST) or Naples MLS (last updated Wed 05/20/2026 11:40:23 PM EST) or PBI MLS (last updated Wed 05/20/2026 11:21:38 PM EST) or Florida Keys MLS (last updated Wed 05/20/2026 8:33:05 PM EST). Real estate listings held by brokerage firms other than Illustrated Properties 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.
Privacy Policy / DMCA Notice / ADA Accessibility
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All Property Features
- Property Type: Commercial - Office
- Cooling: Central Air, Electric
- Days on Site: 28
- Exterior: Block, Stucco
- Heating: Central, Electric
- Lot Description: Other
- Lot Size: 3.49 Acres
- Parking Notes: Off Street, Parking Lot, Unassigned
- Sewer: Public Sewer
- Utility Features: Electricity Connected, Water Connected
- Water: Public
- Year Built: 1988