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$1,475,000
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Property Description
FOR SALE, Fully leased single-tenant medical space. Main entrance on Malabar Rd SW sees 23,000+ vehicles per day Palm Bay has seen steady population growth over the last 5+ years Population up 10% since 2018 Close Proximity to Palm Bay Shoppes Less than 2 miles from I-95 Highly sought after medical plaza.
Full Property Details
Full Property Details for 470 Malabar Rd #101
General
- Sold For: $1,475,000
- HOA FEE: $84/month
- HOA FEE FREQ.: Annually
- Taxes: $13,971 (2024)
- Status: Closed
- Type: Office
- Source: Regional
- MLS ID: R11061030
- Added to Site: 96 day(s) ago
Business
- Business Type: Commercial, Medical, Professional/Office, Residential
Interior
- Flooring: Vinyl
Additional Information
- Security/Safety: Fire Alarm
Location
- County: Brevard
- Driving Directions: Exit I-95 at Exit 173; head west on Malabar Road SE; continue for approximately 2 miles; property is on the left.
Community
- Community Name: 5940 - Other Florida County
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Structural Information
- Structure Type: Office
- Construction: Stucco
- Roof: Wood Trusses
- Stories/Levels: 1
- Building Size: 4988
- Year Built: 2015
- Property Condition: Resale
Lot Features
- Lot Size (Acres): 0.05
- Lot Size (Sq. Ft.): 2,178
- Lot Features: City Lot, Rural Lot
- Zoning: RC- Restricted
Financial Considerations
- Association Fee: $1,014
- Assoc Fee Freq.: Annually
- Tax Amount: $13,971
- Tax Year: 2024
- Terms: Cash, Conventional
- Tenant Pays: Common Area Maintenance, Electricity, Insurance, Minor Interior Maintenance
Disclosures and Reports
- Documents Avail.: Bylaws And Amendments, Survey
- Legal Description: UNIT 104 MALABAR OAKS ONE COMMERCIAL CONDO AS DESC IN ORB 7279 PG 2901 & ALL AMENDMENTS THERETO
- Property ID: 29 370605000000 A07
Listed by Taiter Realty, LLC
Sold by Non-Member Selling Office
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Schools
Schools serving 470 Malabar Rd #101
School District:Brevard County School District
| Name | Grades | Distance |
|---|---|---|
John F. Turner, Senior Elementary School 3175 Jupiter Boulevard Southeast, Palm Bay, FL 32909 | PK-6 | 0.7 mi |
Southwest Middle School, Palm Bay, FL 451 Eldron Boulevard Southeast, Palm Bay, FL 32909 | 7-8 | 0.5 mi |
Bayside High School 1901 Degroodt Road Southwest, Palm Bay, FL 32908 | 9-12 | 3.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 470 Malabar Rd #101
Date
Details
Price
Change
Source
1/23/2026
Sold
$1,475,000
-7.81%
MLS
10/30/2025
Listed
$1,600,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
470 Malabar Road #101, Palm Bay, FL (MLS# R11061030) is a Office property that was sold at $1,475,000 on January 23, 2026. Want to learn more about 470 Malabar Road #101? Do you have questions about finding other Office real estate for sale in Palm Bay? You can browse all Palm Bay real estate or contact a Coldwell Banker agent to request more information.

