1206 Malabar Rd

Palm Bay, FL 32909

$8,250,000
Price
112,820 / 2.59
Lot Size / Acres
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Description

This 30-acre spot in Palm Bay, right at Malabar Road and Babcock Street, is primed for flex or light industrial builds, with ready concepts over 200,000 SF plus an out parcels. Flat terrain and stable sandy soils make foundations straightforward based on the 2022 geotech report, with a clean Phase I ESA showing no major environmental red flags, low flood risk in Zone X, and just minor wetlands needing basic mitigation. It's under a half mile from I-95, pulling in 55,000+ vehicles daily on Malabar...This 30-acre spot in Palm Bay, right at Malabar Road and Babcock Street, is primed for flex or light industrial builds, with ready concepts over 200,000 SF plus an out parcels. Flat terrain and stable sandy soils make foundations straightforward based on the 2022 geotech report, with a clean Phase I ESA showing no major environmental red flags, low flood risk in Zone X, and just minor wetlands needing basic mitigation. It's under a half mile from I-95, pulling in 55,000+ vehicles daily on Malabar for solid visibility and access. Palm Bay's market is heating up in 2025, with the city's population hitting around 146,000 (up 3.65% yearly) and Brevard County's unemployment at a low 4.3%. The industrial/flex sector is strong, boasting 4.49% absorption and rents climbing to $14-17/SF NNN, making flex park the top play under CC/IU zoning with up to 0.5 FAR. Completed I-95 upgrades in 2026 boost connectivity and long-term upside.
  1. Listed by Cassandra Hartford • Reach Commercial Real Estate

Property Details for 1206 Malabar Road

Directions
Take I-95 to Exit 173 for Malabar Road, head east, and the property at 1206 Malabar Rd SE will be on your right.
Subdivision/Condo Name
None
LISTING UPDATED: 10/02/2025 11:23 AM

Property Details for 1206 Malabar Road

StatusActive
MLS #1058524
Days on Market129
Taxes$69,537 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Unimproved Land
Year Built-
Lot Size2.59 AC
CountyBrevard County

Location

Listing Courtesy of Reach Commercial Real Estate, Cassandra Hartford
Add your commute

Building Information for 1206 Malabar Road

Lot Size2.59 AC

Payment Calculator

$46,004 per month

30 year fixed, 6.15% Interest

Principal and Interest

$40,209

Property Taxes

$5,795

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1206 Malabar Road

Summary
Location and General Information
  • City: Palm Bay
  • State/Province: FL
  • County: Brevard
  • Geo Lat: 27.997363
  • Geo Lon: -80.625998
  • Absolute Longitude: 80.625998
  • Schools: Elementary School: Port Malabar
  • Schools: Middle School: Stone
  • Schools: High School: Palm Bay
  • General County Loc: South
  • County Sub/Condo Name: None
Taxes and HOA Information
  • Taxes: $69,537.20
  • Tax Year: 2023
  • Tax Acct: 2964964
  • Tax ID: 29-37-04-00-00017.0-0000.00
Property
Lot Information
  • Lot SqFt: 112820.0
  • Picture Count: 15
  • Document Count: 0
  • Lot Description: Cleared
  • Acreage: 2.59
  • Current Adjacent Use: Other
Property and Assessments
  • Docs on File: 0
  • Property Type: C
  • MLS Approved: Y
  • Type of Service: Full Service
  • Prop Type: C
  • Sub Type: Unimproved Land
Utilities
  • Utilities: Sewer or Septic: Unknown
  • Utilities: Water Type: None
  • Utilities: Other
Multi Family
Multi-Family Information
  • Selling Terms Code: Other
Agent
Sale and Listing
  • Cumulative DOM: 1
  • Days On Market: 1
  • Possession: Other
Showing and Remarks
  • Showing: Call Listing Agent, Listing Agent Must Accompany

Property History for 1206 Malabar Road

DateEvent & SourcePriceAppreciation
Oct 1, 2025

Listed (Active)

SCMLS #1058524

$8,250,000—
DateEvent & SourcePrice
10/01/2025

Listed (Active)

SCMLS #1058524

$8,250,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1206 Malabar Road

This home is within Brevard Public Schools.
Rating
School
Type
Grades
Distance
Port Malabar Elementary School
Public - PK to 6
Stone Magnet Middle School
Public - 7 to 8
Palm Bay Magnet Senior High School
Public - 8 to 12
Royal Palm Charter School
Charter - K to 8
Rating
School
Distance
Port Malabar Elementary School
PublicPK to 6

Stone Magnet Middle School
Public7 to 8

Palm Bay Magnet Senior High School
Public8 to 12

Royal Palm Charter School
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 1206 Malabar Road, Palm Bay, FL 32909

1206 Malabar Road is a 2.59 ac of land for sale in Palm Bay, FL 32909. This property was listed for sale on October 1, 2025 by Reach Commercial Real Estate, it's currently listed at $8,250,000. This listing's school district is Brevard Public Schools. Nearby schools include Port Malabar Elementary School, Stone Magnet Middle School and Palm Bay Magnet Senior High School. 1206 Malabar Road is a 0-bed, 0-bath, 2.59 ac of land on a 112,820 sq. ft. / 2.59 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Reach Commercial Real Estate, Cassandra Hartford

The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 10/02/2025 11:23 AM