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Mixed-Use Community with Retail Space
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2495 NE Port Malabar Boulevard 2, Palm Bay, FL 32905

Newly completed setting offers flexible shell suites within a residential and commercial community.

Property SizeContact for details
Days on Market37

Property Features for 2495 NE Port Malabar Boulevard 2

General Information

Standard status Active

Additional Details

Traffic Count 22,000 vehicles/day

Building Details

Year Built 2025
Listing Agency: ITG Property Management
Listed By: Rusty Melle · License #3185860
Source: Startbrevardsearch
Added: Jul 27 Changed: Aug 30 Last Checked: Aug 31 at 4:57PM

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 ITG Property Management

Investment Insights

Based on property information with market context.

Completed in 2025, this mixed-use property combines 318 apartment units, 6 townhomes, and 19,000 square feet of commercial space. Available shell suites range from 1,200 to 9,007 square feet, supporting a range of retail, dining, and professional-service layouts. Tenant improvements are negotiable, allowing occupants to shape the interiors for their operations.

The property overlooks the Indian River and includes resident gathering areas and resort-style amenities. Located at 2495 NE Port Malabar Boulevard in Palm Bay, the community recorded a traffic count of 22,000 in 2023. Its residential component provides an established on-site population alongside the commercial space.

Key Highlights

  • 19,000 SF of commercial space within a mixed‑use community
  • Available shell suites range from 1,200‑9,007 SF
  • 318 apartment units and 6 townhomes on site

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Spa & Massage Center Hair Salon Building Supply

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

22,000 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

190
Businesses Nearby
8k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Dollar General Shops & Services
5,530 visits/mo 0.3 miles
Chevron Shops & Services
2,418 visits/mo 0.2 miles

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 Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Newly completed setting offers flexible shell suites within a residential and commercial community.
Where is this mixed-use property located?
The property is located at 2495 NE Port Malabar Boulevard 2 Palm Bay, FL.
What are key features of this property?
This property features: 19,000 SF of commercial space within a mixed‑use community; Available shell suites range from 1,200‑9,007 SF; 318 apartment units and 6 townhomes on site
More about this property
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