214 Emerson Drive NW, Palm Bay, FL 32907 photo 1
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$950,000

214 Emerson Drive NW, Palm Bay, FL 32907

Palm Bay, FL 32907

Active
Sq Ft
5,850
Lot Size
0.86
Year Built
1991
Type
Commercial Sale
Status
Active
MLS #
1083856

Property Description

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.

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Listed by Mickayla L Fatovic

Listing courtesy of Elite Class Prop. Mgt. & R.E.

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Listing data provided by Space Coast Association of REALTORS® MLS. All information is deemed reliable but not guaranteed. 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. Listed: 7/31/2026