We have over 2700 choice locations in Palm Bay's Port Malabar Subdivision area

What We do

M. David Moallem, Inc. specializes in vacant land sales. Unlike other Real Estate Brokerages, we BUY, SELL AND TRADE OUR OWN PROPERTIES! We have a huge selection of home sites. Most are 1/4 acre lots, but we have many larger lots and we will find you the perfect spot for your new home!

We also have land in a few other highly-desirable cities in Florida. Do you want your home on a lake? We have it! Do you want to have horses? We have the perfect spot!

We Lease and Sell select home/income-producing properties and other commerical properties in the Central Florida area.

A few words about us

At Moallem Properties we specialize in selling our own property in Palm Bay, and in a few other areas in Florida. We have over 2,700 Prime, buildable lots for you to choose from and we have many double, triple and larger lots. We know Palm Bay, and we can help you find the perfect site for your new home!

Our Broker, David Moallem, founded M. David Moallem, Inc. in 1984! He has worked tirelessly for nearly 30 years building a solid reputation in this community. We have holdings in many cities in Florida, but David specializes in Palm Bay land.

We guaranty our Palm Bay land! Since we are selling our own land, we can offer you peace of mind. If you purchase a lot from us and then decide that you don't like it, we will trade lots with you for a lot of comparable value that you like! No Real Estate Brokerage can offer you this service, since they are buying and selling other peoples' lots! Our goal is to help you find the perfect spot!!

About Palm Bay

There are many reasons to think about moving to Palm Bay! Close proximity to the Indian River and Atlantic Ocean give us balmy breezes and endless opportunities for water sports! The average high temperature for our warmest months (June, July and August) is 90 and the average low temperature for those same months is 72. Our average low temperature in the winter is the low 50's.
With a population of 103,227 (2011), Palm Bay is the most populous City in Brevard County, Florida and is directly to the south of Melbourne.
Harris Corporation is one of the largest employers in Brevard County and is spending $100 million to build a new high-tech center in Palm Bay. Construction is underway and is scheduled to be completed in 2014. This 450,000 square-foot building will have six floors and accommodate 1,200-1,400 people working on the company's advanced engineering efforts. This project will create 100 new permanent jobs.
Palm Bay is home to 18 public and charter elementary and middle schools. There are 3 high public schools and 5 private schools within close proximity. And Palm Bay also is home to the Palm Bay Campus of Brevard Community College (Eastern Florida State College as of July 1, 2013).
Palm Bay is home to many parks, including Turkey Creek Sanctuary, a lovely 117 acre preserve along Turkey Creek. There are boardwalks and designated trails throughout. Close proximity to the Indian River and the Atlantic Ocean gives endless opportunities for boating, surfing, wakeboarding, skimming, parasailing, kayaking, paddleboarding and waterskiing. Or you can just find a quiet spot to soak up some sun.
The new St. John's Heritage Parkway is now under construction. It will ultimately line the northern portions of Melburne to the proposed southern Palm Bay interchange with I-95.
For those who enjoy golf, The Majors Golf Club at Bayside Lakes is an Arnold Palmer Signature Course and it also features a practice facility that was named in the "Top 10 in the World" by The Golfer Magazine.

Featured listings

For Lease: Office Space Available Near Malabar & Babcock

This unit is perfect for the medium-sized business looking for several office rooms. Great location! Give us a call: we are willing to negotiate rates!!!


For Lease: Office space with smaller back-office near Malabar and Babcock

This office is perfect for the small business that needs a break room and a separage office. There is plenty of room for retail displays as well as office space and break room in the back


For Lease: Business/Pool Retail Space near Malabar and Babcock

This store was originally set up to be a pool supply store, but can easily be modified for your requirements. Note the blue awning that runs along the back of the store.


Our Services

  • We Buy, Sell, and Trade lots

    We can guarantee the lot we sell you is buildable! If it is not for any reason, we will trade you a lot that is.
    Find a scrub jay nest on your lot? We will trade you for a buildable lot!
    Want a lot closer to your friend or family? We will trade you for a closer one!
    Gas station going in across the street? We will trade you for a quieter location!

    Owner Financing

    We can provide owner-financing on all lot sales! We make land ownership possible for nearly everyone that walks in our doors.

    Buy the lot next door

    For privacy
    Have your own garden
    Build a pool/garage/workshop
    Build a home for your in-laws
    Use it for your kids' college fund
    Area for kids or pets to play
    Better than IRA or 401K - you can see and enjoy it!
    Lock in real estate taxes so they can't increase more than 3%/year

    "The best land specalist in Palm Bay"

    "The best selection of land in Palm Bay"

    "Guarantees your land is buildable"