000 Magnolia RdGrant-Valkaria, FL 32950

Property Details for 000 Magnolia Rd

Property type

Residential income properties

Property subtype

Other land

Description

This exceptional 3.86-acre commercial and residential land parcel, located at 000 Magnolia Road in Malabar, Florida (zip code 32950), presents a unique investment opportunity. Priced at $240,000, this property offers significant potential for various development projects. The lot encompasses a substantial 168,141.6 square feet and is comprised of three separate parcels (parcel IDs: #29-37-23-00-41, #29-37-23-00-44, #29-37-23-00-32). Its strategic location provides convenient access to the Grant-Valkaria Town Connector Trail and Park via an existing easement, making it attractive for residential development. Enjoy the benefits of a golf cart permit and proximity to the Habitat Golf Course, Valkaria Airport, and a nearby equestrian community. Furthermore, a newly installed sidewalk provides direct access to the Indian River Lagoon, enhancing the property's recreational appeal. The asking price of $240,000 translates to less than $63,000 per acre, representing a compelling value proposition in this desirable Brevard County location. This versatile property is suitable for a range of uses, making it an attractive investment for both commercial and residential developers.

Location Insight

City

Grant-Valkaria

County

Brevard

State

Florida

Latitude

27.9518

Longitude

-80.5982

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