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Renovated Office Units

5200 Babcock Street NE #104, Palm Bay, FL 32905

For Lease
$3,459/Mo

Elevator service and several entry points serve this multi-tenant professional and medical office complex.

Space SizeContact for details
Property Size64,708 SF
Days on Market267

Property Features for 5200 Babcock Street NE #104

General Information

Standard status Active
Size 64,708 SF
Elevators Yes

Additional Details

Space Use Office
Highway Access Yes

Taxes and HOA fees

Annual Taxes $73,828

Amenities

multiple entrances
lush landscape

Building Details

Building Size 64,708 SF
Year Built 1986
Tenancy Multi
Listing Agency: Charles A. Von Stein, Inc
Listed By: Kirk Von Stein · License FL #0480498
Source: Imperviousrealestate
Added: Feb 19 Changed: Nov 11 Last Checked: Nov 11 at 8:21PM

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 Charles A. Von Stein, Inc

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This multi-tenant office complex includes professional and medical space, elevator service, and multiple entrances. The 64,708-square-foot property was built in 1986 and has undergone renovation. Landscaped grounds surround the buildings.

The property is in central Palm Bay, two miles from Palm Bay Hospital and two miles from I-95.

Key Highlights

  • 64,708‑square‑foot multi‑tenant office and medical complex
  • Elevator and multiple entrances
  • Renovated property with landscaped grounds

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Restaurant Big Box & Wholesale Store Real Estate Agency Building Supply Auto Parts Store Parking Lot & Garage

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

Multi-tenant
Tenancy
Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

392
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

Average Price Trend$/SF/Yr for Office Units in Palm Bay, FL

$11.4 Jul
$16.19 Aug
$15.97 Sep
$13.18 Oct

Properties on Market for Office Units in Palm Bay

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Office unit - Elevator service and several entry points serve this multi-tenant professional and medical office complex.
Where is this office unit located?
The property is located at 5200 Babcock Street NE #104 Palm Bay, FL.
What is the lease rate?
The lease rate is $3,459/Mo.
What are key features of this property?
This property features: 64,708‑square‑foot multi‑tenant office and medical complex; Elevator and multiple entrances; Renovated property with landscaped grounds
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