Ad #7745964
MLS #1075327
Prime Income-Producing Medical Office & Development Site Secure
1264 Malabar Rd SE, Palm Bay, Florida, 32907
$2,250,000
0Beds
5Baths
5,010Sqft
3.490Acres
About this property
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.
Property Features
0 Beds
5 Baths
5,010 Sqft
Built in 1988
3.490 Acres
1 Story
Parking Lot, Off Street, Assigned
Siding: Block, Stucco
Electric (Heating), Central
$17,681 / yr property tax
Brevard County
Additional Photos
Contact Information
Michael J Toppa
Rahal Real Estate LLC
321-543-3540
Location
Listing Agent: Michael J Toppa 321-543-3540
Broker: Rahal Real Estate LLC 321-631-0511 Listing Site
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.
Broker: Rahal Real Estate LLC 321-631-0511 Listing Site
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.
BeachHouse.com
Printed Jul 21, 2026
Photo Gallery
$2,250,000
0
Beds
5
Baths
5,010
Sqft
1264 Malabar Rd SE, Palm Bay, Florida, 32907
By contacting this agent you agree to these Terms and Conditions.
MLS# 1075327
Prime Income-Producing Medical Office & Development Site Secure
$2,250,000
1264 Malabar Rd SE, Palm Bay, Florida, 32907
0
Beds
5
Baths
5,010
Sqft
3.490
Acres
$2,250,000
1264 Malabar Rd SE, Palm Bay, Florida, 32907
0 Beds
5 Baths
5,010 Sqft
3.490 Acres
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 Details
HOME DETAILS
0 Beds
5 Baths
5,010 Sqft
Built in 1988
3.490 Acres
1 Story
EXTERIOR
Parking Lot, Off Street, Assigned
Siding: Block, Stucco
INTERIOR
Electric (Heating), Central
FINANCIAL & COMMUNITY
$17,681 / yr property tax
Brevard County
See More Details
Location
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Ad Statistics
Ad Number
7745964
Viewed
12 times
Listing Status
Active Under Contract
Added
Jul 09, 2026
Last Refresh
Jul 21, 2026 12:05:46 PM
Listing Information
Data Source
Space Coast Association of Realtors
Source Property ID
1075327
Listing Agent: Michael J Toppa 321-543-3540
Broker: Rahal Real Estate LLC 321-631-0511 Listing Site
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.
Broker: Rahal Real Estate LLC 321-631-0511 Listing Site
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.
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