620 Malabar RdPalm Bay, FL 32907

  • Land
  • 4.19 AC
For Lease
$18.96/SF/YR View listing

Property Details for 620 Malabar Rd

Lot size
4.19 AC
Zone code
CC
Property type
Land
Property subtype
Commercial land
APN
29-36-02-00-00002.0-0000.00
APU
9223372036854775807

Description

This exceptional Palm Bay commercial property offers 2,025 square feet of versatile space, ideal for a single tenant. Situated on a 0.24-acre lot, this single-story building (APN: 29-37-06-04-00000.0-0004.Xa) features a thoughtfully designed layout perfect for office use. The current configuration includes a welcoming reception area, a multi-purpose waiting or conference room, a spacious open area, three private offices providing ample privacy, two bathrooms for convenience, and a dedicated break room/lounge for employee relaxation. The flooring is a combination of laminate and carpet. The property benefits from two recently installed air conditioning units, ensuring year-round comfort. Tenants are welcome to make interior modifications at their own expense, subject to owner approval. Ample open parking is available for employees and clients. A comprehensive security system, including monitoring and exterior cameras, provides peace of mind. The lease terms include a minimum two-year commitment with a two-year option. Rent is due on the first of each month, with a five-day grace period and a 10% late fee. Note that the occupant will be responsible for a monthly association fee of $1200. This property presents a fantastic opportunity for businesses seeking a well-maintained and secure space in a desirable Palm Bay location.

620 Malabar Rd, Palm Bay, Florida

Location Insight

City
Palm Bay
County
Brevard
State
Florida
Latitude
27.9981
Longitude
-80.6888
CBSA code
37340
CBSA name
PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$13,761
$730,060
-
$730,060
-
$730,060
-
$730,060

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