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.
Listed By
Agency Name: Rahal Real Estate LLC
Agency Phone: 321-631-0511
Shown By
Agent Name: Hannah Windsor
Agent Phone: (904) 534-6790
Agency Title: Watson Realty Corp., REALTORS ®
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1264 Malabar Road SE , Palm Bay, FL 32907.
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1264 Malabar Road SE , Palm Bay, FL 32907.
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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 www.myhouseofwindsor.com today.