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Apartment Buildings with PTAC Cooling
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1640 Bottlebrush Dr, Palm Bay, FL 32905

The multifamily property spans 13 buildings across two contiguous parcels in Palm Bay.

Property SizeContact for details
Days on Market131

Property Features for 1640 Bottlebrush Dr

General Information

Standard status Active
Property subtype Multifamily
Listing Agency: Marcus & Millichap - Fort Lauderdale
Listed By: Evan Richardson · License #FL SL3134745
Source: Crexi
Added: Apr 24 Changed: Aug 31 Last Checked: Aug 31 at 2:21AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Fort Lauderdale

Investment Insights

Based on property information with market context.

This apartment property comprises 13 wood-frame buildings on two contiguous parcels totaling 4.93 acres. Construction dates are 1977 and 1978, with PVC piping, copper wiring, and PTAC air-conditioning units in the majority of the buildings. The asset includes studio, one-bedroom, and two-bedroom floor plans, with one- and two-bathroom configurations represented.

The properties are situated on the north side of Palm Bay Road between South Babcock Street and Dixie Highway. Retail and restaurant offerings are located along that corridor, while Interstate 95 and Melbourne Orlando International Airport provide additional regional access. The addresses associated with the property are 1640 Bottlebrush Dr, 1700 Bottlebrush Dr, and 2190 Forest Knolls Dr in Palm Bay, Brevard County, Florida.

Key Highlights

  • 13 wood‑frame apartment buildings across two contiguous parcels
  • 4.93‑acre multifamily property in Palm Bay
  • Constructed in 1977 and 1978

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage Food Market (Bike/Boat/Book/etc) Store Locksmith Bakery Catering Service

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

Location Intelligence

Trade Area within ½ mile

956
Businesses Nearby

Demographics for 32905, FL

26,064
Population
12,635
Households
2.1
Avg Household Size
45
Median Age
27%
College-Educated
91%
High-School Grad
9.7 sq mi
ZIP Area
2,687
Density / Sq Mi
$56,671
Median Household Income
$31,688
Median Earnings
$1,361
Median Rent
$206,200
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - The multifamily property spans 13 buildings across two contiguous parcels in Palm Bay.
Where is this apartment building located?
The property is located at 1640 Bottlebrush Dr Palm Bay, FL.
What are key features of this property?
This property features: 13 wood‑frame apartment buildings across two contiguous parcels; 4.93‑acre multifamily property in Palm Bay; Constructed in 1977 and 1978
More about this property
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