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Palm Bay Commercial Space Available
For Lease
$750/Mo

1418 Norman Street NE, Palm Bay, FL 32907

COMMERCIAL - Palm Bay, FL

Space SizeContact for details
Lot Size0.41 Acres
Days on Market93

Property Features for 1418 Norman Street NE

General Information

Property type Commercial Lease
Property subtype Other
Parking features Parking Lot
Security features Security Lighting
Subdivision Port Malabar Unit 28
Lot features Cleared, Sprinklers In Front
Directions South on Babcock. Turn right on Charles Blvd., left on Pigeon Ave., right o Norman St. which curves, property on left.
Standard status Active
APN 28-37-33-76-02215.0-0002.00
Size 4,930 SF
Lot size 0.41 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description PORT MALABAR UNIT 28 FIRST REPLAT LOT 2 BLK 2215
Tax Annual Amount 6959
Legal Description PORT MALABAR UNIT 28 FIRST REPLAT LOT 2 BLK 2215

Utilities

Sewer type Septic Tank
Heating system Heat Pump (Heating)
Cooling system Central Air
Water source Public

Amenities

private bathroom

Building Details

Year built 1988
Flooring type Carpet, Wood
Building materials Block, Stucco
Roof type Shingle
Listing Agency: JK Properties X2
Listed By: Judith Maiorani
Added: May 29 Changed: Aug 4 Last Checked: Aug 29 at 5:06PM
MLS# 1078561

Copyright © 2026 Space Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This commercial space, located in Palm Bay, Florida, features an open layout with a combination of carpet and wood flooring, along with a private bathroom. The space offers flexibility and can be divided into offices. The property is situated on a 0.41-acre lot. The building has a total area of 4930 square feet. The location provides convenient access to both Babcock Street and I-95, with easy access to Malabar Road. One month's free rent is being offered.

Key Highlights

  • Convenient location between Babcock St. and I95 with easy access to Malabar Road.
  • One month's free rent.
  • Open space that can be divided into offices.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Big Box & Wholesale Store Storage Facility Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
NNN (Triple Net)
Lease Type
$0.27 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

686
Businesses Nearby

Demographics for 32907, FL

44,432
Population
17,761
Households
2.5
Avg Household Size
44
Median Age
22%
College-Educated
91%
High-School Grad
17.7 sq mi
ZIP Area
2,510
Density / Sq Mi
$71,827
Median Household Income
$36,498
Median Earnings
$1,693
Median Rent
$253,700
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Open commercial space for rent in Palm Bay, Florida.
Where is this office units located?
The property is located at 1418 Norman Street NE Palm Bay, FL.
What is the lease rate?
The lease rate is $750/Mo.
What are key features of this property?
This property features: Convenient location between Babcock St. and I95 with easy access to Malabar Road.; One month's free rent.; Open space that can be divided into offices.
More about this property
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