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First-Floor Office Suite
For Lease
$3,169/Mo

490 Centre Lake Drive NE, Palm Bay, FL 32907

COMMERCIAL - Palm Bay, FL

Property Size18,505 SF
Lot Size1.70 Acres
Days on Market128

Property Features for 490 Centre Lake Drive NE

General Information

Property type Commercial Lease
Property subtype Office
Subdivision Port Malabar Unit 21 1st Replat of
Directions SW corner of I-95 and Palm Bay Road
Standard status Active
APN 28-37-19-75-0000a.1-0000.00
Size 18,505 SF
Lot size 1.70 Acres

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 44460

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1998
Listing Agency: SouthTrend Realty
Listed By: Adam Rathbun
Added: Mar 25 Changed: Jun 12 Last Checked: Jul 30 at 11:06AM
MLS# 1072901

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 first-floor office suite is designed for day-to-day client and team use, featuring a reception area, eight individual offices, an open bullpen, and a dedicated conference room. The lobby was recently renovated in November 2025, supporting a more current, professional arrival experience.

The space is located at 490 Centre Lake Drive NE in Palm Bay, Florida. Leasing terms include rent concessions, with one month free available for a three-year term, and three months free available for a five-year term.

For growing teams that need private offices alongside collaboration space, this layout offers clear zoning between reception, enclosed workspaces, and an open bullpen. The dedicated conference room supports meetings without requiring turnover of common areas, making the suite practical for professional services and office-based operations.

Key Highlights

  • Professional office space built in 1998
  • 1st‑floor suite with reception area, 8 individual offices, open bullpen, and dedicated conference room
  • Lobby renovated in November 2025

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Building Supply Law Firm Real Estate Agency Big Box & Wholesale Store Auto Repair Shop HVAC 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.

Lease Details

8
Office units
NNN (Triple Net)
Lease Type
$0.31 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

500
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
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Frequently Asked Questions

What type of property is this?
Office units - Functional office layout with reception, multiple offices, bullpen, and a dedicated conference room plus recent lobby renovation.
Where is this office units located?
The property is located at 490 Centre Lake Drive NE Palm Bay, FL.
What is the lease rate?
The lease rate is $3,169 /Mo.
What are key features of this property?
This property features: Professional office space built in 1998; 1st‑floor suite with reception area, 8 individual offices, open bullpen, and dedicated conference room; Lobby renovated in November 2025
More about this property
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