For SaleRetailActive
214 Emerson Drive NW
Palm Bay, FL 32907
$950,000
99 Days On Site
- 5,850Sq Ft
- $162Per Sq Ft
- 0.86Acres
- 1991Built
- County
- Brevard
- MLS®
- 1083856
Overview
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.
Listing Snapshot
- Price
- $950,000
- Days On Site
- 99 Days
- Bedrooms
- N/A
- Inside Area (SqFt)
- 5,850 sqft
- Total Baths
- N/A
- Full Baths
- N/A
- Partial Baths
- 0
- Lot Size
- 0.86 Acres
- Year Built
- 1991
- MLS® Number
- 1083856
- Status
- Active
- Property Tax
- $11,106.5 (2023)
- HOA/Condo/Coop Fees
- N/A
- Sq Ft Source
- Public Records
Property Details
General Features
8 items
- Acres
- 0.86
- Land Lease
- No
- Number Of Stories
- 1
- Parking
- Off Street, Parking Lot
- Property Sub Type
- Retail
- Sewer
- Septic Tank
- SqFt Total
- 5,850
- Water Source
- Public
Exterior Features
2 items
- Construction Details
- Concrete
- Lot Features
- Other
Community Features
2 items
- Accessibility Features
- Accessible Entrance, Accessible Approach with Ramp
- MLS Area
- 344 - NW Palm Bay
Location
214 Emerson Drive NW, Palm Bay, FL 32907 · 344 - NW Palm Bay
Neighborhood & Commute
ZIP Code 32907
- Median household income
- $64,813
- Income per person
- $30,980
- Households
- 17,886
- Average household size
- 2.59
- Median age
- 46.4
Source: Walk Score.
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
Price & Status History
- Listing updated with changes from the MLS®
- Price changed to $950,000
- Listing first seen on site
- Status changed to Active







