2583 Victoria Dr NE Palm Bay, FL 32905

Outstanding value! $135,000, below a recent $310,000 appraisal! This versatile, income-producing property offers three fully rentable concrete block buildings in excellent condition, delivering immediate cash flow, live-work potential, or dual-use commercial opportunities. The main building features three offices/bedrooms, a den, a full kitchen with a full-size refrigerator & stove, a laundry area, closets, an upgraded electrical panel, a water heater, & a fully renovated bathroom. The second building, on a separate meter, offers 720 sq ft, a full office, bath, & upgraded electrical. A third detached building adds income potential, workshop, or storage space. The property includes a large concrete parking pad, is fully fenced, gated, & secured, with over 10 parking spaces. Zoned HC with public utilities, suitable for nearly any business use. Prime location near Downtown Melbourne, major employers, shopping, dining, recreation,& two blocks from the Indian River. Only five minutes to the Atlantic Ocean, while being minutes from major employers, transportation hubs, and Downtown Melbourne, makes it an ideal location for companies seeking visibility, accessibility, and future appreciation. One of the most valuable aspects of this property is its inherent flexibility. Few commercial parcels in Brevard County offer three separate structures on one lot, each of which can serve a different purpose. This built-in diversity allows owners to pursue multiple income strategies simultaneously. For example, one building can be leased to a professional office or service business, while another can be rented as a creative workspace, contractor's shop, or residential unit. The third can be used for storage, fleet operations, or additional revenue. Because one structure is on a separate meter, tenants can manage utilities independently, simplifying billing and creating a cleaner separation between units. The layout of the site is another significant strength. The large concrete parking area supports more than ten vehicles and is ideal for companies that need on-site space for employees, customers, or commercial vehicles. The property's secure fencing and gated entry add a level of utility that is rare in smaller commercial parcels, making it suitable for uses that require outdoor storage, equipment staging, or added security. Contractors, landscapers, tradespeople, and logistics operators will immediately see the advantage of a site that can safely accommodate trucks, trailers, or heavy gear without the need for expensive off-site storage. The zoning designation HC (Highway Commercial) is among the most flexible available and dramatically broadens the scope of potential uses. Businesses ranging from retail stores and restaurants to professional offices, medical clinics, childcare facilities, and vehicle sales operations can operate here without significant rezoning or variance challenges. This flexibility also extends into mixed-use and live-work configurations, allowing owners to adapt the property as needs evolve. Because the utilities are already public and the site is fully improved, there are few barriers to redevelopment, expansion, or repurposing. The property's strategic location elevates its value even further. Situated less than five minutes from Downtown Melbourne, the site is positioned at the intersection of convenience and connectivity. Its proximity to the Melbourne-Orlando International Airport enhances access for clients, vendors, and traveling employees. Major employers such as L3Harris, Northrop Grumman, Embraer, Raytheon, and Health First are all within minutes, providing a strong economic foundation and a steady source of demand for nearby services. The visibility and traffic exposure from US-1, which carries more than 33,000 vehicles per day, create additional opportunities for signage, customer access, and walk-in traffic. Just two blocks from the Indian River and five minutes from the Atlantic Ocean, the property blend