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422 Martin Road SE, Palm Bay
$1,100,000
5 Baths ⋅ 1005760 MLS
SELLER WILL VACATE FOR NEW OWNER/BUSINESS AND IS OFFERING SELLER FINANCING! PRIME Commercial Property ZONED 'GENERAL COMMERCIAL' Allowing MULTIPLE and VARIED USES (See ''Documents'' - Zoning, Floor Plan, Maps). Exposure and Signage On Babcock Street. Current Use Is Adult Day Care With Medical Overtones, But Owner Can Vacate for New Owner/Business. Well Designed CBS BUILDING/METAL ROOF, Raised Ceilings, Ceramic Flooring Throughout, With Community Rooms, Offices, (2) Commercial Kitchens, Multiple Bathrooms, Laundry, Pantries, Covered Wrap-Around Porch, Screened Porch and Portico. Set Up Conducive To Various Medical Facility Usages, Clinics, Laboratories, Electronics - R&D, Etc. Sprinkler System/Riser Room - Fully Compliant With Fire Codes; 20 Parking Spaces, and Perimeter Fencing. Location Is Proximate To I-95, Palm Bay Hospital and Arterial Roadways. Business Is Excluded But May Be Negotiated Separately For Qualified Buyer Wanting To Continue ADC.

422 Martin Road SE, Palm Bay
1843 Agora Circle SE, Palm Bay
$900,000
1089933 MLS
Agora Village is a permit-ready multifamily development site in Palm Bay: 35 units on 1.79 acres, zoned RM-20 with High Density Residential future land use. The site plan carries the City of Palm Bay's approval stamp dated April 29, 2025 (Site Plan Permit #1369, Engineering Revision RTAP25-00002). The approved program is two 2-story garden-style walk-up buildings of 18 and 17 units, a density of 19.6 units per acre. Every unit is a two-bedroom, one-bath from 740 to 940 SF, averaging 857 SF, for 29,995 net rentable SF. Parking is 70 surface spaces, 2.0 per unit. Building coverage is 20.11 percent against 40 percent allowed, and stormwater is retained on site in a 0.45-acre pond. City of Palm Bay water and sewer serve the site through 8-inch mains in Agora Circle SE. Unit addresses are assigned at 1843 and 1857 Agora Circle SE. Flood Zone X.

1843 Agora Circle SE, Palm Bay
311 Mercury Avenue SE, Palm Bay
$440,000
1089930 MLS
The Mercury Ave pair is a 1.65-acre multifamily development site in Palm Bay: two contiguous lots (0.73 and 0.92 acres) zoned RM-20 with High Density Residential future land use. Multifamily is permitted by right at 20 units per acre, a yield of up to 33 units. The site is zoned but not entitled. No site plan, civil engineering, or building plans are in place, and the buyer will need to complete design, site plan approval, and permitting. Agora Village, one block north on the same Port Malabar plat, is site plan approved for 35 units at 19.6 units per acre on a similar footprint. The lots have about 225 feet of combined frontage on Mercury Ave SE and run 320 feet deep. Both are wooded and unimproved. City of Palm Bay water and sewer are available to both lots. Flood Zone X.

311 Mercury Avenue SE, Palm Bay
1998 Agora Circle SE, Palm Bay
$295,000
1078481 MLS
Rare 1.87-acre RM-2 multifamily residential development opportunity in Palm Bay. Centrally located near Malabar Rd and San Filippo Dr SE with convenient access to shopping, dining, schools, and major roadways. Property is zoned multifamily residential and offers potential for residential development subject to buyer verification with the City of Palm Bay. Existing due diligence materials including surveys and environmental reports available upon request. Excellent opportunity for builders, investors, or multifamily developers.

1998 Agora Circle SE, Palm Bay

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