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422 Martin Road SE, Palm Bay, FL 32909
$1,225,000
422 Martin Road SE, Palm Bay, FL 32909View this property at 422 Martin Road SE, Palm Bay, FL 32909
422 Martin Road SEPalm BayFL32909
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Property Description
REAL ESTATE ONLY! Owner Will Vacate. Owner Financing Considered. PRIME Commercial Property ZONED 'GENERAL COMMERCIAL' Allowing MULTIPLE and VARIED USES (See ''Documents'' - Zoning, Floor Plan, Maps). Exposure and Signage On Babcock Street. Current Use Is Adult Day Care With Medical Overtones. Well Designed CBS BUILDING/METAL ROOF, Raised Ceilings, Ceramic Flooring Throughout, With Community Rooms, Offices, (2) Commercial Kitchens, Multiple Bathrooms, Laundry, Pantries, Covered Wrap-Around Porch, Screened Porch and Portico. Set Up Conducive To Various Medical Facility Usages, Clinics, Laboratories, Electronics - R&D, Etc. Sprinkler System/Riser Room - Fully Compliant With Fire Codes; 20 Parking Spaces, and Perimeter Fencing. Location Is Proximate To I-95, Palm Bay Hospital and Arterial Roadways. Business Is Excluded But May Be Negotiated Separately.
Full Property Details
Full Property Details for 422 Martin Road SE
General
- Price: $1,225,000
- Taxes: $10,156 (2022)
- Status: Active
- Type: Commercial
- MLS ID: 1005760
- Updated: 4/24/2024
- Added to Site: 113 day(s) ago
Rental Information
- Complex Features: Storage, Fenced, Kitchen Facilities, Laundry, Lobby, Med Plumbing, Medical, Meeting Room, Office, Private Restroom, Public Restroom, Rear Access, Separate Office Area
Interior
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 5
Additional Information
- Security/Safety: Fire Alarm, Fire Sprinkler System, Security Fence, Security Gate, Security Lights, Security System Owned, Smoke Detector(s), Secured Lobby
Parking
- Parking Features: Attached Carport, Gated, Off Street, Parking Lot
Location
- Area: 342 - Malabar/Grant-Valkaria
- County: Brevard
- Subdivision: Port Malabar Unit 40
- Driving Directions: From Intersection of Babcock Street and Malabar Road, South on Babcock, East on Convair, South on Martin Road. Building on Right (West) Side of Street.
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Ceiling Fan(s), Central Air, Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Exterior Const.: Concrete
- Roof: Metal
- Stories/Levels: 1
- Square Feet: 4,680
- Living Area: 4,680 Sq. Ft.
- Current Bldg. Use: Commercial
- Year Built: 2009
Unit Information
- Units in Building: 1
Lot Features
- Lot Size (Acres): 0.58
- Lot Size (Sq. Ft.): 25,264.8
- Lot Features: Other
Financial Considerations
- Price Per Sq. Ft.: $261.75
- Tax Amount: $10,156.8
- Tax Year: 2022
- Terms: Cash, Conventional
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Special Conditions: Use Conforms to Zone
- Legal Description: PORT MALABAR UNIT 40 LOT 35 BLK 1990
- Property ID: 29-37-03-26-01990.0-0035.00
Listed by Dale Sorensen Real Estate Inc.
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Schools
Schools serving 422 Martin Road SE
School District:Brevard Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
301 Pioneer Ave Ne, Palm Bay, FL 32907 | PK-6 | 1 mi | |
1101 E University Blvd, Melbourne, FL 32901 | 7-8 | 5.1 mi | |
101 Pirate Ln, Melbourne, FL 32901 | 9-12 | 4 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 422 Martin Road SE
Date
Details
Price
Change
Source
2/21/2024
Listed
$1,225,000
620.59%
MLS
3/28/2007
Sold
$170,000
—
Public Record
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
Tax History for 422 Martin Road SE
Year
Property Taxes
Change
Tax Assessment
Change
2023
$10,739
9%
$580,800
10%
2022
$9,856
3%
$528,000
10%
2021
$9,555
—
$480,000
—
2020
$9,523
-11%
$480,000
1%
2018
$10,710
-2%
$473,000
-1%
2019
$10,895
2%
$480,000
5%
2017
$10,664
5%
$455,000
2%
2016
$10,131
4%
$445,000
7%
2015
$9,745
-2%
$415,000
—
2014
$9,902
—
$415,000
2%
2013
$9,856
—
$405,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 422 Martin Road SE
422 Martin Road SE, Palm Bay, FL 32909 (MLS# 1005760) is a Commercial property. 422 Martin Road SE is currently listed for $1,225,000 and was received on February 21, 2024. Want to learn more about 422 Martin Road SE? Do you have questions about finding other Commercial 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.