Virtual TourMap

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

$699K
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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

  1. Listing updated with changes from the MLS®
  2. Price changed to $950,000
  3. Listing first seen on site
  4. Status changed to Active

Friends & Family

Listing courtesy of Elite Class Prop. Mgt. & R.E. (201) 952-4665

Stellar MLS

Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2026, Stellar MLS.

Last checked: 2026-11-07 03:39 PM EST

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