Bought with Compass Florida LLC
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1051 NE Port Malabar BLVD 1 Palm Bay, FL 32905
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Key Details
Sold Price $705,900
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Square Footage 2,650 sqft
Price per Sqft $266
Subdivision Port Malabar Professional Condo
MLS Listing ID RX-10925191
Sold Date 11/14/23
Construction Status Resale
Year Built 1982
Annual Tax Amount $2,209
Tax Year 2021
Lot Size 8,712 Sqft
Property Description
Compass Commercial is pleased to present an exceptional investment opportunity in the heart of booming Palm Bay, Florida. The meticulously maintained single-unit commercial condominium at 1051 Port Malabar Blvd NE offers a secure and attractive addition to any investment portfolio. With a single corporate credit tenant on a fully net lease, this property promises stable and entirely passive income for any discerning investor.Situated in a bustling business district in Brevard County's booming Space Coast, this property enjoys high visibility on Port Malabar Blvd NE, a major arterial road in Palm Bay. The location offers convenient access to I-95 and is surrounded by a mix of commercial and residential developments.
Location
State FL
County Brevard
Area 5940
Zoning COMM / MEDICAL
Interior
Heating Central Individual
Cooling Central Individual
Flooring Ceramic Tile, Vinyl Floor, Wood Floor
Fireplaces Type Smoke Alarm, Smoke Detector
Exterior
Garage Spaces 4183.59
Utilities Available Electric, Municipal Water, Public Water
Waterfront No
Roof Type Comp Shingle
Building
Story 100.00
Construction Status Resale
Others
Acceptable Financing Cash, Conventional, Cryptocurrency, Owner
Listing Terms Cash, Conventional, Cryptocurrency, Owner
Financing Cash,Conventional,Cryptocurrency,Owner
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