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1264 Malabar Road SE
Palm Bay FL 32907 US

$2,250,000

Active Under Contract Listing ID 1075327
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5.00 Bath (5 Full)
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Lot: 3.49 Acres
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Office

$2,250,000

Active Under Contract Listing ID 1075327
Save

1264 Malabar Road SE 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 area's most sought-after business hubs. New roof in October 2025.

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Property Features

  • Facts
  • Lot Size: 3.49 Acres
  • Property Type: Residential
  • Property Sub-type: Office
  • Features
  • Full Bathrooms: 5
  • Cooling System: Electric, Central Air
  • Heating Fuels: Electric (Heating), Central

Property

  • propertytype: Residential
  • propertysubtype: Office
  • listprice: 2250000
  • unparsedaddress: 1264 Malabar Road SE
  • postalcity: Palm Bay
  • stateorprovince: FL
  • country: US
  • postalcode: 32907
  • bathroomsfull: 5
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 3.49
  • lotsizeunits: Acres
  • lotsizearea: 3.49
  • livingarea: 5010
  • livingareaunits: Square Feet
  • latitude: 27.997527
  • longitude: -80.623865
  • listagentfullname: Michael J Toppa
  • listagentemail: mtoppa@att.net
  • listagentkey: 3yd-SCAORFL-132713
  • listagentmlsid: 132713
  • listagentpreferredphone: 3215433540
  • listagentofficephone: 3216310511
  • listofficekey: 3yd-SCAORFL-rah0
  • listofficemlsid: rah0
  • disclaimer: Copyright © 2026 Space Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: SCAORFL
  • yearbuilt: 1988
  • listingcontractdate: 2026-04-22
  • listagenturl: http://www.rahalrealestate.com/default.aspx
  • countyorparish: Brevard
  • parcelnumber: 29-37-04-00-00010.0-0000.00
  • cooling: Electric, Central Air
  • constructionmaterials: Block, Stucco
  • heating: Electric (Heating), Central
  • numberofunitstotal: 1
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 0
  • parkingfeatures: Parking Lot, Off Street, Assigned
  • waterfrontyn: False
  • franchiseaffiliation: None
  • rooms: Bathroom 4, Bathroom 5, Bathroom 1, Bathroom 2, Bathroom 3
  • speciallistingconditions: Standard
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -80.62386, 27.997526
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Rahal Real Estate LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"mtoppa@att.net", "ListBrokerageCity":"Rockledge", "ListBrokerageCountry":"US", "ListBrokerageEmail":"Nick@RahalRealEstate.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/1695/278730/20141110160217786.png", "ListBrokerageName":"Rahal Real Estate LLC", "ListBrokeragePhone":"(321) 631-0511", "ListBrokeragePostalCode":"32955", "ListBrokerageStateOrProvince":"FL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"1269 US Hwy 1", "ListBrokerageWebsiteUrl":"http://www.rahalrealestate.com/default.aspx", "ListOfficeAddress1":"1269 S. Hwy US 1 ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"rah0", "ListOfficeCity":"Rockledge", "ListOfficeCountry":"US", "ListOfficeEmail":"nick@rahalrealestate.com", "ListOfficePostalCode":"32955", "ListOfficeStateOrProvince":"FL", "ListPriceCurrencyType":"USD", "ListingTitle":"SINGLE_FAMILY - Palm Bay, FL", "ListingURL":null, "MLSModificationTimestamp":"2026-06-08 18:10:09", "Neighborhoods":[{"Description":null, "Name":"343 - SE Palm Bay"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":17681, "TaxDescription":"PART OF LOT 32 OF PB 1 PG 165 AS DESC IN ORB 2716 PG 623 EXC ORB 6740 PG 938 & HWY R/W", "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 7/14/2026 2:01:17 AM GMT
Source Updated Date: 7/24/2026 12:47:26 AM GMT

Courtesy of: Michael J Toppa, Rahal Real Estate LLC, mtoppa@att.net

Copyright © 2026 Space Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.