CITY OF PALM BAY, FLORIDA

Located at 480 Malabar Road SW in Palm Bay, Florida, Platt Landing is a planned 160-unit multifamily residential community. The project is envisioned with contemporary architecture, functional residences, attractive landscaping, ample parking, and professionally planned common areas. Its larger community scale offers an opportunity to add quality housing along one of Palm Bay’s established east–west corridors.

The property’s Malabar Road location connects it to neighborhood shopping and services, healthcare, schools, and Interstate 95. Palm Bay also benefits from the broader Space Coast employment base in aerospace, defense, engineering, manufacturing, and healthcare. Major regional employers include L3Harris, Northrop Grumman, Collins Aerospace, Embraer, and Lockheed Martin. Beyond the daily conveniences nearby, residents can access the Indian River Lagoon, Atlantic beaches, Port Canaveral, and Orlando’s major attractions.

Subject Property Location 480 Malabar Rd SW Palm Bay, Florida 32907 Is:

Directly on Malabar Road (State Road 514), providing an east–west connection through Palm Bay to Interstate 95. The Malabar Road segment between Minton Road and Emerson Drive carried approximately 26,500 vehicles per day in 2024; traffic volumes vary by segment.
Near the Minton Road commercial area, with access to groceries, restaurants, retail, and everyday services along Malabar Road.
A short drive to Health First’s Palm Bay Hospital at 1425 Malabar Road NE, an established healthcare facility and local employment center.
Access to Interstate 95 via Malabar Road, connecting residents with employment and destinations throughout Brevard County. The I-95 segment between Malabar Road and Palm Bay Road carried approximately 64,500 vehicles per day in 2024.
Within the broader Palm Bay area of Eastern Florida State College, which offers academic and workforce programs serving the Space Coast.
Regional access to the Indian River Lagoon and Atlantic beaches, offering boating, fishing, and coastal recreation.
Regional access to Port Canaveral, which recorded more than 8.6 million cruise passenger movements in fiscal year 2025, or approximately 165,000 movements per week on average. That count includes passengers boarding and leaving ships.
Access to Walt Disney World, Universal Orlando Resort, and SeaWorld Orlando, regional day-trip destinations roughly 70–85 miles from Palm Bay, depending on the destination and route.