$975,000
214 Emerson Drive Nw, Palm Bay, Fl 32907
Palm Bay, FL 32907
Listing updated: August 29, 2026 at 4:15 PM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
About this home
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.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history
- Status: ActiveJul 31, 2026
- Listed$1,000,000Jul 31, 2026
- Price reduced$975,000
Facts & features
- Property type
- Commercial Sale
- Sub type
- Retail
- Status
- Active
- County
- Brevard
- Year built
- 1991
- Living area
- 5,850 sq ft
- Price/sq ft
- $167
- Lot size
- 37,461.6 sq ft
- Parcel #
- 28-36-23-Kn-01939.0-0002.00
- MLS #
- 1083856
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Listing Details
- Listing date
- 2026-07-31
- On market date
- 2026-07-31
- Original list price
- $1,000,000
- Status changed
- 2026-07-31
Location
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MLS ID #1083248, RE/MAX Alternative Realty.
Listing provided by Space Coast MLS (Space Coast Association of REALTORS®)
Listings courtesy of Stellar MLS as distributed by MLS GRID
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.
Based on information submitted to the MLS GRID as of August 29, 2026 at 4:15 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
All or a portion of the multiple listing information is provided by Stellar MLS, from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Stellar MLS. All rights reserved.
Brevard County listings courtesy of the Space Coast Association of REALTORS® (Space Coast MLS)
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 is deemed reliable but is not guaranteed accurate by the MLS.
© 2026Space Coast Association of REALTORS®. All information should be independently reviewed and verified for accuracy.
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