214 Emerson Drive NW, Palm Bay, FL 32907
$999,999
Property Type:
Commercial Sale
Square Footage:
5,850
Lot Size (sq. ft.):
37,462
Status:
Active
Current Price:
$999,999
List Date:
2/22/2024
Last Modified:
6/23/2025
Description
This current Neighborhood Commercial property boasts 5 income opportunities. Actively serving with a Barber Shop, Restaurant, Child Care Center (currently leases three units) All tenants are on a month to month lease. Agents, please read private remarks in regard to viewing property.
More Information MLS# 1005625
Location, Tax, and Legal
Tax Account: 2805376
Parcel Number: 28-36-23-Kn-01939.0-0002.00
General County Location: South
Tax Annual Amount: 8793.53
Tax Year: 2022
Tax Legal Description: PORT MALABAR UNIT 42 LOT 2 BLK 1939
Additional Parcels Description: 1110 - RETAIL STORE - MULTIPLE UNITS
Zoning Description: Commercial
Directions: From I-95, Head West on Palm Bay Rd, Take Left on Minton Rd, Take Right on Emerson Dr, Property is on Left about 1 1/2 miles down from Emerson.
General Property Information
Number Of Units Total: 5
Stories Total: 1
Building Area Total: 5850
Building Area Source: Public Records
Lot Size Acres: 0.86
Association YN: No
Water Body Access YN: No
Waterfront YN: No
Land Lease YN: No
Senior Community YN: No
List Price/SqFt: 170.94
Year Built: 1991
Remarks and Miscellaneous
Public Remarks: This current Neighborhood Commercial property boasts 5 income opportunities. Actively serving with a Barber Shop, Restaurant, Child Care Center (currently leases three units) All tenants are on a month to month lease. Agents, please read private remarks in regard to viewing property.
Construction Materials
Concrete: 1
Stucco: 1
Current Use
Retail: 1
Fencing
Wood: 1
Listing Terms
Cash: 1
Conventional: 1
Other: 1
Lot Features
Cleared: 1
Parking Features
Parking Lot: 1
Unassigned: 1
Possession
Close Of Escrow: 1
Income and Expenses
Gross Income: 67200
Maintenance Expense: 1200
Trash Expense: 4800
Road Frontage Type
City Street: 1
Roof
Membrane: 1
Other: 1
Sewer
Septic Tank: 1
Special Listing Conditions
Presently Leased: 1
Tenant Pays
Electricity: 1
Water: 1
Unit 1 Details
Unit ID: 1
Annual Rent: 13200
Unit SqFt: 1170
# Units (This Type): 3
Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Unit 1-3 Leased by 1 Tenant
Unit 2 Details
Unit ID: 2
Annual Rent: 13200
Unit SqFt: 1170
# Units (This Type): 3
Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Unit 1-3 Leased by 1 Tenant
Unit 3 Details
Unit ID: 3
Annual Rent: 13200
Unit SqFt: 1170
# Units (This Type): 3
Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Unit 1-3 Leased by 1 Tenant
Unit 4 Details
Unit ID: 4
Annual Rent: 13500
Unit SqFt: 1170
# Units (This Type): 1
Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Barber Shop
Unit 5 Details
Unit ID: 5
Annual Rent: 14100
Unit SqFt: 1170
# Units (This Type): 1
Baths Total: 1
Furnished: Unfurnished
Unit Remarks: Restaurant
Utilities
Cable Available: 1
Cable Connected: 1
Electricity Connected: 1
Sewer Connected: 1
Water Connected: 1
Water Source
Public: 1
Showing Requirements
Call Listing Agent: 1
Building Features
% Air Conditioned or Heated: 100
Maximum Ceiling Height: 10
Restaurant: 1
Business Type
Barber/Beauty: 1
Child Care: 1
Education/School: 1
Food & Beverage: 1
Professional Service: 1
Retail: 1
Location
City: 1
Operating Expense Includes
Trash: 1
Other: 1
Showing Considerations
Occupied: 1
Sale Includes
Building & Land: 1
Contract Information
Current Price: $999,999
Original List Price: 999999
List Price: $999,999
Status: Active
Listing Contract Date: 2024-02-19
Property Sub Type: Business
Location Tax and Legal
Street Number: 214
Street Name: Emerson
Street Suffix: Drive
Street Direction Suffix: NW
County: Brevard
State: FL
Postal Code: 32907
MLS Area Major: 344 - NW Palm Bay
Subdivision Name: Port Malabar Unit 42
Status Change Information
Major Change Timestamp: 2024-02-22T01:51:45Z
Major Change Type: New Listing
Status Change Timestamp: 2024-02-21
Property Features
Building Features: Restaurant
Business Type: Barber/Beauty; Child Care; Education/School; Food & Beverage; Professional Service; Retail
Construction Materials: Concrete; Stucco
Current Use: Retail
Fencing: Wood
Listing Terms: Cash; Conventional; Other
Lot Features: Cleared
Operating Expense Includes: Trash; Other
Parking Features: Parking Lot; Unassigned
Possession: Close Of Escrow
Road Frontage Type: City Street
Roof: Membrane; Other
Sale Includes: Building & Land
Sewer: Septic Tank
Showing Considerations: Occupied
Showing Requirements: Call Listing Agent
Special Listing Conditions: Presently Leased
Tenant Pays: Electricity; Water
Utilities: Cable Available; Cable Connected; Electricity Connected; Sewer Connected; Water Connected
Water Source: Public
Listing Office:
Arium Real Estate, LLC
Last Updated: June - 23 - 2025
Information is deemed to be reliable, but is not guaranteed.