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$975,000

  • For Sale
  • Active
  • Retail
See This Home
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This 100% occupied, five-unit retail asset offers $81,000.00 in annual Pro Forma Gross Income & a consistent history of Tenant occupancy. Existing leases include automatic annual rent increases, providing embedded revenue growth & the potential for increased cash flow over time & at lease renewal. Room for rent increases. The property was recently placed under the management of a highly rated local professional management company, which provides monthly reconciled financial reporting, rent collection oversight, security deposit handling, full-service property management, & even some maintenance! Buyer is solely responsible for conducting all due diligence & independently verifying all property, lease, income, expense, zoning, & operating information. Additional terms, fees, disclosures, & or conditions may apply.

Full Property Details for 214 Emerson Dr NW

General

  • Price: $975,000
  • Taxes: $11,106 (2023)
  • Status: Active
  • Type: Retail
  • Source: BrevardCounty
  • MLS ID: 1083856
  • Updated: 8/29/2026
  • Added to Site: 44 day(s) ago

Parking

  • Parking Features: Off Street, Parking Lot

Location

  • Area: 344 - NW Palm Bay
  • County: Brevard
  • Driving Directions: These directions begin at Palm Bay Road and Minton Road: Travel west on Palm Bay Road toward Minton Road. Turn left--south--onto Minton Road. Continue approximately 0.2 mile. Turn right onto Emerson Drive NW. Continue west for approximately 1.3 miles. 214 Emerson Drive NW will be on the left, near Jupiter Boulevard NW. For GPS, enter the complete address: 214 Emerson Drive NW, Palm Bay, FL 32907

Utilities

  • Sewer: Septic Tank
  • Water: Public

Structural Information

  • Exterior Const.: Concrete
  • Stories/Levels: 1
  • Square Feet: 5,850
  • Sq. Ft. Source: Public Records
  • Living Area: 5,850 Sq. Ft.
  • Year Built: 1991

Unit Information

  • Units in Building: 5

Lot Features

  • Lot Size (Acres): 0.86
  • Lot Size (Sq. Ft.): 37,461.6
  • Lot Features: Other

Financial Considerations

  • Price Per Sq. Ft.: $166.67
  • Tax Amount: $11,106.5
  • Tax Year: 2023

Disclosures and Reports

  • Property ID: 28-36-23-Kn-01939.0-0002.00

Listed by Elite Class Prop. Mgt. & R.E.

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Listing agent

— 214 Emerson Dr NW —

  • Elite Class Prop. Mgt. & R.E.

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 214 Emerson Dr NW

School District:Brevard County School District
NameGradesDistance
Discovery Elementary School, Palm Bay, FL
1275 Glendale Avenue Northwest, Palm Bay, FL 32907
PK-61.2 mi
Central Middle School
2600 Wingate Boulevard, West Melbourne, FL 32904
7-83 mi
Heritage High School
2351 Malabar Road Northwest, Palm Bay, FL 32907
9-123.3 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 214 Emerson Dr NW Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/29/2026
Price Reduced
$975,000
-2.5%
MLS
7/31/2026
Listed
$1,000,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 214 Emerson Dr NW

Year
Property Taxes
Change
Tax Assessment
Change
2025
$11,106
—
$591,490
8%
2025
$11,106
5%
$546,910
2%
2024
$10,546
10%
$536,270
17%
2023
$9,571
11%
$457,990
19%
2021
$8,628
-2%
$384,840
-7%
2022
$8,794
2%
$414,710
3%
2021
$8,628
-4%
$402,180
13%
2018
$8,991
6%
$357,420
5%
2017
$8,465
11%
$340,000
3%
2016
$7,642
-3%
$330,000
—
2015
$7,850
-15%
$330,000
-10%
2019
$9,234
19%
$368,140
15%
2014
$7,749
—
$320,000
2%
2013
$7,753
—
$314,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Elite Class Prop. Mgt. & R.E.

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214 Emerson Drive NW, Palm Bay, FL 32907 (MLS# 1083856) is a Retail property. 214 Emerson Drive NW is currently listed for $975,000 and was received on July 31, 2026. Want to learn more about 214 Emerson Drive NW? 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.

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