1504 Palm Bay Road NE, Palm Bay, FL 32905
$675,000
Property Type:
Commercial Sale
Baths:
3
Square Footage:
2,108
Lot Size (sq. ft.):
9,148
Status:
Active
Current Price:
$675,000
List Date:
10/10/2025
Last Modified:
2/22/2026
Overview
Description
Listing Details MLS# 1059279
General Property Information
- Number Of Units Total
- 4
- Stories Total
- 2
- Bathrooms Total
- 3
- Building Area Total
- 2108
- Building Area Source
- Appraiser
- Accessibility Features YN
- No
- Year Built
- 1988
- Lot Size Acres
- 0.21
- Land Lease YN
- No
- Association YN
- No
- Water Body Access YN
- No
- Waterfront YN
- No
- Senior Community YN
- No
- List Price/SqFt
- 320.21
Property Features
Building Features:
Office; Private Restroom; Restaurant
Ceiling Type:
Acoustic
Construction Materials:
Block; Concrete; Stucco
Cooling:
Central Air; Electric; Separate Meters
Current Use:
Retail
Existing Lease Type:
Gross
Listing Terms:
Cash
Lot Features:
Cleared
Parking Features:
Parking Lot; Unassigned
Possession:
Close Of Escrow
Road Frontage Type:
State Road
Roof:
Metal
Sale Includes:
Building & Land
Sewer:
Public Sewer
Showing Requirements:
Lockbox; Showing Service
Special Listing Conditions:
Standard
Tenant Pays:
All Utilities
Utilities:
Cable Available; Electricity Connected; Separate Electric Meters; Separate Water Meters; Sewer Connected; Water Connected
Water Source:
Public
Contract Information
- Original List Price
- 699000
- Listing Contract Date
- 2025-10-10
- Property Sub Type
- Retail
- Comp Sale YN
- No
Location Tax and Legal
- Street Number
- 1504
- Street Name
- Palm Bay
- Street Suffix
- Road
- Street Direction Suffix
- NE
- County
- Brevard
- State
- FL
- Postal Code
- 32905
- MLS Area Major
- 340 - NE Palm Bay
- Subdivision Name
- Port Malabar Unit 33
Remarks and Miscellaneous
- Public Remarks
- Two story retail plaza on the busy Palm Bay Rd, FULLY LEASED OUT! With high traffic counts, and a growing population! 2023 Metal Roof! This concrete block building is centrally located between interstate 95 & Highway US1. This property offers an outstanding opportunity for businesses seeking high visibility, prime access, and a strategic location in one of Florida's rapidly growing communities. The first floor is rented to a restaurant with a long term lease, the top floor is rented to a barber shop. Great opportunity for an investor looking to cash flow on day 1. The property features a large storefront with expansive windows, providing plenty of natural light and a welcoming environment. Ample parking is available for both customers and employees, and the surrounding area offers a mix of residential and commercial developments, ensuring a steady flow of potential customers.
Status Change Information
- Major Change Timestamp
- 2025-10-31T10:15:51Z
- Major Change Type
- Price Reduced
- Price Change Timestamp
- 2025-10-31T10:15:51Z
- Status Change Timestamp
- 2025-10-10
More Information
Building Features
- % Air Conditioned or Heated
- 100
- Office
- Yes
- Private Restroom
- Yes
- Restaurant
- Yes
Income and Expenses
- Gross Scheduled Income
- 48000
Unit 1 Details
- Unit ID
- 1 & 2
- Annual Rent
- 30000
- Unit SqFt
- 1054
- # Units (This Type)
- 2
- Furnished
- Unfurnished
- Unit Remarks
- Restaraunt Use
Unit 2 Details
- Unit ID
- 3 & 4
- Annual Rent
- 18000
- Unit SqFt
- 1054
- # Units (This Type)
- 2
- Furnished
- Unfurnished
- Unit Remarks
- Barber Shop
Unit 3 Details
- # Units (This Type)
- Yes
- Furnished
- Unfurnished
- Unit ID
- No
- Annual Rent
- 0
- Unit SqFt
- 0
- Unit Remarks
- No
Unit 4 Details
- Furnished
- Unfurnished
- Unit ID
- No
- Annual Rent
- 0
- Unit SqFt
- 0
- Unit Remarks
- No
Location, Tax, and Legal
- Tax Account
- 2831144
- Parcel Number
- 28-37-21-50-01692.0-0044.00
- General County Location
- South
- Tax Annual Amount
- 6932.7
- Tax Year
- 2024
- Additional Parcels YN
- No
- Directions
- From Interstate 95 take exit 176 and head east on Palm Bay Rd. The building will be on your right after you pass the Stack blvd light.
Construction Materials
- Block
- Yes
- Concrete
- Yes
- Stucco
- Yes
Cooling
- Central Air
- Yes
- Electric
- Yes
- Separate Meters
- Yes
Current Use
- Retail
- Yes
Listing Terms
- Cash
- Yes
Lot Features
- Cleared
- Yes
Parking Features
- Parking Lot
- Yes
- Unassigned
- Yes
Possession
- Close Of Escrow
- Yes
Road Frontage Type
- State Road
- Yes
Roof
- Metal
- Yes
Sewer
- Public Sewer
- Yes
Special Listing Conditions
- Standard
- Yes
Tenant Pays
- All Utilities
- Yes
Utilities
- Cable Available
- Yes
- Electricity Connected
- Yes
- Separate Electric Meters
- Yes
- Separate Water Meters
- Yes
- Sewer Connected
- Yes
- Water Connected
- Yes
Water Source
- Public
- Yes
Showing Requirements
- Lockbox
- Yes
- Showing Service
- Yes
Ceiling Type
- Acoustic
- Yes
Existing Lease Type
- Gross
- Yes
Sale Includes
- Building & Land
- Yes
Listing Office:
Blue Marlin Real Estate
Last Updated: February - 22 - 2026
Information is deemed to be reliable, but is not guaranteed.