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214 Emerson Drive NW

Palm Bay, FL 32907
  • $975,000
  • STATUS: Active
  • ON SITE: 43 Days
  • MLS #: 1083856
UPDATED: 60 min ago
$975,000
  • 0
    BEDS
  • 0.86
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,850
    SQFT
  • $167
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1991
County:

School Ratings & Info

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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© 2026 Space Coast Association of REALTORS®, Inc. The data relating to real estate for sale or lease on this web site comes in part from the Brevard County Broker Reciprocity Database. Real estate listings held by brokerage firms other than Boardwalk Realty LLC. are marked with the IDX logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Boardwalk Realty LLC..IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2026-09-13T00:09:08.767.
www.boardwalkrealtyllc.com/homes/179544468
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214 Emerson Drive NW Palm Bay, FL 32907

  • Price: $975,000
  • Status: Active
  • On Site: 43 Days
  • Updated: 60 min ago
  • MLS #: 1083856
0
Beds
0
Baths
0
½ Baths
0.86
Acres
5,850
SQFT
$167
$/SQFT
1991
Built
Neighborhood:
344 - NW Palm Bay
County:
Brevard
Area:
344 - NW Palm Bay
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.
Exterior Features

Attached Garage YN No Construction Materials Concrete Fencing [] Lot Features Other Parking Features Off StreetParking Lot Road Frontage Type [] Roof [] Waterfront Features [] Waterfront YN No

Interior Features

Building Area Total 5850 Cooling [] Flooring [] Heating [] Stories Total 1 Unit1 Details Baths Total 1 Unit1 Furnished Unfurnished Unit1 Sq Ft 1170 Unit2 Details Baths Total 0 Unit2 Furnished Unfurnished Unit2 Sq Ft 1170

Property Features

Accessibility Features Accessible Approach with Ramp Association Amenities [] Association YN No Building Features [] Building Name Santa Ninfa Shopping Center Current Use [] Electric [] Existing Lease Type [] Green Energy Efficient [] Green Water Conservation [] Land Lease YN No Listing Terms [] Operating Expense Includes [] Owner Pays [] Property Sub Type Retail Security Features [] Senior Community YN No Sewer Septic Tank Special Listing Conditions [] Tax Annual Amount 11106.5 Tax Legal Description PORT MALABAR UNIT 42 LOT 2 BLK 1939 Tax Year 2023 Tenant Pays [] Utilities [] Water Source Public

Listing provided courtesy of Elite Class Prop. Mgt. & R.E.: .
© 2026 Space Coast Association of REALTORS®, Inc. All Rights Reserved.


© 2026 Space Coast Association of REALTORS®, Inc. The data relating to real estate for sale or lease on this web site comes in part from the Brevard County Broker Reciprocity Database. Real estate listings held by brokerage firms other than Boardwalk Realty LLC. are marked with the IDX logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Boardwalk Realty LLC..IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2026-09-13T00:09:08.767.
 
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