2040 Palm Bay Road NE #1, Palm Bay, FL 32905 - Photo 1

1/1

$2,500

Sold
Closed
Commercial Lease

1/1

Property Description

Excellent opportunity to lease a 746 SF 2nd generation restaurant in northeast Palm Bay! Floorplan is est. 50% kitchen/prep area + 50% customer seating. Interior has tile flooring and drop ceiling throughout. There is 1 restroom. FF&E is included! 2 pizza ovens, 3 compartment sink, Square POS system, under sink grease trap and more! Interior has seating for 12 + additional 16 seating outside. Utilities include City Water/Sewer, FPL Electric, and Piped Underground Natural Gas (FL City Gas). Exposure to est. 34,000 VPD on Palm Bay Road. Property is strategically positioned directly on Palm Bay Road which is an immediate connector between Minton Road, I-95, and US1. Surrounding employers include L3Harris, Leonardo DRS and Nightwing to name a few. Lots of schools, apartments, shopping and dining nearby. Make this the future home for your business today!

Full Property Details

Full Property Details for 2040 Palm Bay Rd NE #1

General

Sold For: $2,500
Taxes: $970 (2022)
Status: Closed
Type: Commercial Lease
Source: BrevardCounty
MLS ID: 1055157
Added to Site: 150 day(s) ago

Rental Information

Complex Features: Kitchen Facilities, Public Restroom, Rear Access, Restaurant

Interior

Flooring: Tile

Rooms

Bathrooms

Total Bathrooms: 1

Parking

Parking Features: Parking Lot

Location

Area: 340 - NE Palm Bay
County: Brevard
Subdivision: None
Driving Directions: Starting on Babcock Street turn east onto Palm Bay Road. Property is located on the south side of Palm Bay Road, just west of Arlington Lane. Unit 1 is the northernmost unit in the eastern building.

Heating & Cooling

Central air: Yes
Air Conditioning: Yes
Cooling Type: Central Air

Utilities

Sewer: Public Sewer
Water: Public
Utility Description: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Structural Information

Exterior Const.: Block, Concrete
Roof: Metal
Stories/Levels: 1
Square Feet: 746
Living Area: 746 Sq. Ft.
Current Bldg. Use: Other, Shopping Center
Year Built: 1978

Lot Features

Lot Size (Acres): 0.07
Lot Size (Sq. Ft.): 3,049.2
Lot Features: Corner Lot

Financial Considerations

Price Per Sq. Ft.: $4.02
Tax Amount: $970.59
Tax Year: 2022

Disclosures and Reports

Property ID: 28-37-22-00-00750.A-0000.00

Listed and Sold by The Ullian Realty Corporation

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— 2040 Palm Bay Rd NE #1 —

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Schools

Schools serving 2040 Palm Bay Rd NE #1

School District:Brevard County School District

Name	Grades	Distance
Palm Bay Magnet Senior High School 101 Pirate Lane, Melbourne, FL 32901	9-12	1 mi
Riviera Elementary School 351 Riviera Drive Northeast, Palm Bay, FL 32905	PK-6	1.9 mi
Stone Magnet Middle School 1101 East University Boulevard, Melbourne, FL 32901	7-8	2 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 2040 Palm Bay Rd NE #1

Date

Details

Price

Change

Source

10/07/2025

Sold

$2,500

-16.67%

MLS

8/21/2025

Listed

$3,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Price Reduced

-$534 (-21.07%)

$2,000

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Commercial Lease
Active

3865 Laurens Ave, Malabar, FL 32950 - Photo 1

Just Listed

$583,000

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Single Family
Active
Updated 1 day ago

3
Beds
3
Total Baths
1,900
Sq. Ft.

5827 Hwy A1A, Melbourne Beach, FL 32951 - Photo 1

Just Listed

$1,000,000

5827 Hwy A1A Melbourne Beach, FL 32951

Vacant Land
Active
Updated 3 days ago

0.42
Acres

5497 Hwy A1A, Melbourne Beach, FL 32951 - Photo 1

Just Listed

$2,295,000

5497 Hwy A1A Melbourne Beach, FL 32951

Single Family
Active
Updated 3 days ago

4
Beds
5
Total Baths
2,773
Sq. Ft.

Price Reduced

-$534 (-21.07%)

$2,000

1280 Hwy 1 #A Malabar, FL 32950

Commercial Lease
Active

2740 Waring Ln S, Malabar, FL 32950 - Photo 1

Price Reduced

-$96,000 (-6.42%)

$1,399,000

2740 Waring Ln S Malabar, FL 32950

Single Family
Active
Updated 2 days ago

5
Beds
3
Total Baths
2,563
Sq. Ft.

2937 Hwy A1A, Melbourne Beach, FL 32951 - Photo 1

Price Reduced

-$19,600 (-2.8%)

$679,900

2937 Hwy A1A Melbourne Beach, FL 32951

Condo
Active
Updated 3 days ago

2
Beds
2
Total Baths
1,454
Sq. Ft.

6845 Hwy A1A S, Melbourne Beach, FL 32951 - Photo 1

Price Reduced

-$100,000 (-3.03%)

$3,200,000

6845 Hwy A1A S Melbourne Beach, FL 32951

Single Family
Active
Updated 2 days ago

6
Beds
4
Total Baths
2,666
Sq. Ft.

4246 Mt Carmel Ln, Melbourne, FL 32901 - Photo 1

Sold

$2,200

4246 Mt Carmel Ln Melbourne, FL 32901

Single Family
Closed

4
Beds
2
Total Baths
1,860
Sq. Ft.

1239 Van Tassell Trail NE, Palm Bay, FL 32905 - Photo 1

Sold

$2,150

1239 Van Tassell Trail NE Palm Bay, FL 32905

Single Family
Closed

3
Beds
2
Total Baths
1,478
Sq. Ft.

4314 Canby Dr, Melbourne, FL 32901 - Photo 1

Sold

$2,300

4314 Canby Dr Melbourne, FL 32901

Single Family
Closed

4
Beds
3
Total Baths
2,298
Sq. Ft.

4020 Millicent Cir, Melbourne, FL 32901 - Photo 1

Sold

$2,800

4020 Millicent Cir Melbourne, FL 32901

Single Family
Closed

6
Beds
3
Total Baths
2,745
Sq. Ft.

2040 Palm Bay Road NE #1, Palm Bay, FL 32905 (MLS# 1055157) is a Commercial Lease property that was sold at $2,500 on October 07, 2025. Want to learn more about 2040 Palm Bay Road NE #1? Do you have questions about finding other Commercial Lease 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.

2040 Palm Bay Rd NE #1 Palm Bay, FL 32905