$1,400,000
620 Malabar Road SW
Palm Bay, FL 32908
MLS# 891303
Status: Closed



620 Malabar Road SW, Palm Bay, FL 32908
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620 Malabar Road SW, Palm Bay, FL 32908 620 Malabar Road SW, Palm Bay, FL 32908 620 Malabar Road SW, Palm Bay, FL 32908

Property Description
Vacant Land Zoned Community Commercial. Uses include Retail Stores, Personal Services like Beauty & Barber Shop, Professional Offices or Clinics, Schools or Churches, Day Care, Restaurants, Banks, Funeral Homes, Hotels, Motels, Nursing Homes, Veterinarian, Arcades, and more—subject to local approval. Palm Bay, Florida is the fastest growing city in Brevard County and is just about centered between Miami and Jacksonville. It is home to one of four Eastern Florida State College campuses. This parcel is located ±1/2 mile to Jupiter Blvd., ±1 mile to Minton Rd., ±3.5 miles to I-95.

Details
Maps
Contract Information
Current Price: $1,400,000
Original List Price: 1700000
Sold Price: $1,400,000
Status: Closed
Listing Contract Date: 2020-11-13
Property Sub Type: Unimproved Land
Location, Tax, and Legal
Street Number: 620
Street Name: Malabar
Street Suffix: Road
Street Direction Suffix: SW
Tax Account: 2902928
Parcel Number: 29-36-02-00-2
County: Brevard
State: FL
Postal Code: 32908
MLS Area Major: 345 - SW Palm Bay
General County Location: South
Subdivision Name: None
Elementary School: Jupiter
Middle School: Central
High School: Heritage
Tax Annual Amount: 8991.38
Tax Year: 2019
Tax Legal Description: E 1/2 OF NE 1/4 OF NE 1/4 OF NE 1/4 EX RD R/W
Directions: From Malabar and I-95 head west about 3.5 miles. The land is on the SW corner of Malabar and Garvey Rd.
General Property Information
Road Frontage Feet: 290
Lot Size Acres: 4.19
Lot Size Dimensions: ±290' x ±640'
Lot Size Square Feet: 182516
Property Use: 10 / VACANT COMMERCIAL LAND
Waterfront YN: No
Senior Community YN: No
List Price/Acre: 381861.58
Sold Price/Acre: 334128.88
Remarks and Miscellaneous
Public Remarks: Vacant Land Zoned Community Commercial. Uses include Retail Stores, Personal Services like Beauty & Barber Shop, Professional Offices or Clinics, Schools or Churches, Day Care, Restaurants, Banks, Funeral Homes, Hotels, Motels, Nursing Homes, Veterinarian, Arcades, and more—subject to local approval. Palm Bay, Florida is the fastest growing city in Brevard County and is just about centered between Miami and Jacksonville. It is home to one of four Eastern Florida State College campuses. This parcel is located ±1/2 mile to Jupiter Blvd., ±1 mile to Minton Rd., ±3.5 miles to I-95.
Status Change Information
Major Change Timestamp: 2023-11-11T05:42:17Z
Major Change Type: Price Reduced
Price Change Timestamp: 2022-03-03T15:03:17Z
Status Change Timestamp: 2023-01-23
Purchase Contract Date: 2022-12-20
Close Date: 2023-01-23
Close Price: 1400000
Closing Company Details
Closing Company Name: Alliance Title
Closing Company Address: 10 S. Harbor City Blvd., Melbourne, FL 32901
Historical Information
Public Historical Remarks 1: Contact: List Agent, Zoning: Community Comm., Showing-Drive By Okay: Y, Showing-No SIgn on Property: Y
Public Historical Remarks 3: Frontage Description: State Road
Property Features
Current Use: Commercial
Listing Terms: Cash; Conventional
Possession: Close Of Escrow
Showing Requirements: No Sign
Special Listing Conditions: Standard

Listing Office: Newton Real Estate Group

Last Updated: December - 15 - 2023


The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

The listing broker’s offer of compensation is made only to participants of Space Coast MLS as well as Florida Realtors® MLS Advantage Participants and Particpants in the Coast2Coast datashare.