2405 Malabar Road
About This Property
Environmental study available to review. Build your business or your dream home. Corner lot 2405 Malabar off Marie St. Have your access entrance off Marie or Malabar. Located between I-95 & US-1.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 27, 2025 | Listed | $270,000 | |
| Listed | |||
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This is a substantial, 2.88-acre corner lot in Malabar, Florida. It offers a strong canvas for someone looking to build a custom home, commercial building, possibly with hobby farm or large lot living in a semi-rural setting. It is a corner lot which gives potential flexibility for driveway access, split uses, etc.
Located just minutes from the Indian River, this property provides easy access to breathtaking water views, boating, and outdoor activities.
All big trees are cleared up and it's ready to put a project on the property.
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| Feb 26, 2025 | Sold | ||
| Sold | |||
| Feb 19, 2025 | In contract | - | |
| In contract | |||
| Jan 25, 2025 | Relisted | $110,000 | |
| Relisted | |||
| Jan 18, 2025 | In contract | - | |
| In contract | |||
Property Highlights
Building Info
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Status
Price/ft²
Listed On
Sold On
About Malabar
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017