ActiveRetail
214 Emerson Drive NW, Palm Bay, FL 32907
Palm Bay, FL 32907 · MLS #1083856The residence
About this property
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.
At a glance
Property details
- Property type
- Retail
- Listing type
- For sale
- Status
- Active
- Living area
- 5,850 sq. ft.
- Year built
- 1991
- Lot size
- 37,461.6 sq. ft.
- County
- Brevard
- Original list price
- $1,000,000
- Listing date
- July 31, 2026
- Annual property tax
- $11,107 (2023)
- Listing agent
- Mickayla L Fatovic
- Listing office
- Elite Class Prop. Mgt. & R.E.
- MLS number
- 1083856
Neighborhood & location
Explore Palm Bay
Review nearby homes, local services, commute routes, schools, flood information, and community rules as part of your due diligence. Neighborhood information can change and should be verified with the appropriate local authority.
Schools
School information
- School district
- Brevard Public Schools
Plan your purchase
Mortgage calculator
- Principal & interest
- $4,804
- Property taxes
- $926
- Homeowners insurance
- $475
- Estimated total
- $6,204
Estimate only. Taxes, insurance, association fees, PMI, interest rate, and lender terms vary. Confirm the actual payment and closing costs with a licensed mortgage professional. Review Florida mortgage and pre-approval guidance.
Listing courtesy of Elite Class Prop. Mgt. & R.E., 201-952-4665.
Data provided by Space Coast MLS. Information is deemed reliable but is not guaranteed accurate by the MLS and should be independently verified. Property availability, price, and details are subject to change without notice.