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$300,000
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Property Description
Two story retail plaza on the busy Palm Bay Rd. With high traffic counts, and a growing population! 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 has two 525 sqft units that can be combined or left separate. Great opportunity for an investor or someone looking for retail space with added generated income from the other units. 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.
Full Property Details
Full Property Details for 1504 Palm Bay Rd NE
General
- Sold For: $300,000
- Taxes: $6,932 (2024)
- Status: Closed
- Type: Retail
- Source: BrevardCounty
- MLS ID: 1042465
- Added to Site: 290 day(s) ago
Rental Information
- Complex Features: Office, Private Restroom, Restaurant
Rooms
Bathrooms
- Total Bathrooms: 3
Parking
- Parking Features: Parking Lot, Unassigned
Location
- Area: 340 - NE Palm Bay
- County: Brevard
- Subdivision: Port Malabar Unit 33
- Driving 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.
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Ceiling Fan(s), Central Air, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Connected, Sewer Connected, Water Connected, Separate Electric Meters, Separate Water Meters
Structural Information
- Exterior Const.: Block, Concrete, Stucco
- Roof: Metal
- Stories/Levels: 2
- Square Feet: 2,108
- Sq. Ft. Source: Appraiser
- Living Area: 2,108 Sq. Ft.
- Current Bldg. Use: Medical/Dental, Retail
- Year Built: 1988
Unit Information
- Units in Building: 4
Lot Features
- Lot Size (Acres): 0.21
- Lot Size (Sq. Ft.): 9,147.6
- Frontage: State Road
- Lot Features: Cleared
Financial Considerations
- Price Per Sq. Ft.: $142.31
- Tax Amount: $6,932.7
- Tax Year: 2024
- Terms: Cash
- Tenant Pays: All Utilities
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: PORT MALABAR UNIT 33 LOT 44 BLK 1692
- Property ID: 28-37-21-50-01692.0-0044.00
Listed and Sold by Blue Marlin Real Estate
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Schools
Schools serving 1504 Palm Bay Rd NE
School District:Brevard County School District
| Name | Grades | Distance |
|---|---|---|
Riviera Elementary School 351 Riviera Drive Northeast, Palm Bay, FL 32905 | PK-6 | 1 mi |
Palm Bay Magnet Senior High School 101 Pirate Lane, Melbourne, FL 32901 | 9-12 | 1.1 mi |
Stone Magnet Middle School 1101 East University Boulevard, Melbourne, FL 32901 | 7-8 | 2.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1504 Palm Bay Rd NE
Date
Details
Price
Change
Source
5/02/2025
Sold
$300,000
—
MLS
4/07/2025
Listed
$299,999
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1504 Palm Bay Road NE, Palm Bay, FL 32905 (MLS# 1042465) is a Retail property that was sold at $300,000 on May 02, 2025. Want to learn more about 1504 Palm Bay Road NE? Do you have questions about finding other Retail real estate for sale in Palm Bay? You can browse all Palm Bay real estate or contact a Coldwell Banker agent to request more information.

