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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.

8,712 Sq.Ft. lot

Features & Amenities

Interior

  • Flooring Ceramic Tile, Vinyl, Wood

Area & Lot

  • Status Sold
  • Lot Area8,712 Sq.Ft.
  • MLS® IDR10925191
  • TypeCommercial
  • YEAR BUILT1982

Exterior

  • STORIES1
  • water SourcePublic
  • utilitiesElectricity Available, Water Available
  • roofComposition, Shingle
  • HEAT TYPECentral, Electric
  • AIR CONDITIONINGCentral Air
  • security FeaturesSmoke Detector(s)

Financial

  • Sales Price$705,900
  • Real Estate Tax $2,209/yr

Work With Us

With the perfect blend of experience and high energy for the best move you will ever make, the Heilman Team is eager to assist you with your real estate needs. Give us a call today!

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