Versatile Office Conversion
6070 Minton Road NW Palm Bay, FL 32907
New
6070 Minton Road NW, Palm Bay, FL, 32907
$359,900
For Sale
$359,900
SINGLE_FAMILY - Palm Bay, FL
Property Size1,776 SF
Lot Size0.54 Acres
Price / SF$202.65
Days on Market2
Property Features for 6070 Minton Road NW
General Information
- Property type
- Residential
- Property subtype
- Office
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bathroom 1
- Parking features
- Garage
- Standard status
- Active
- APN
- 28-36-36-Ex-00618.0-0018.00
- Size
- 1,776 SF
- Lot size
- 0.54 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- PORT MALABAR UNIT 13 LOTS 18 & 19 BLK 618 EXC RD R/W
- Tax Annual Amount
- 5129
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1982
- Number of units
- 1
- Flooring type
- Carpet, Tile
- Building materials
- Brick, Frame
- Roof type
- Shingle
Listing agency
Waterman Real Estate Inc.
(321) 244-7653
Listed by
Meili Viera Porter
(321) 848-7344
Added: Jul 21 Checked: Jul 22 at 7:06AM
MLS# 1083019
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 property includes a 1,776 SF existing building on a 0.54-acre corner lot, positioned for conversion into professional office use. The site is described as having multiple points of ingress and egress, and includes four existing parking spaces that meet code requirements, along with an attached two-car garage.
The property’s public remarks cite strong visibility with frontage on Minton Road and exposure to approximately 27,500 vehicles per day. The zoning is noted as OP, which is already in place and is described as supporting a variety of professional and general office uses without the need for rezoning. The remarks also note convenient access to Malabar Road, I-95, US-1, and West Melbourne.
The building is presented as ready to convert for professional office users, with the property marketed for medical, legal, financial, insurance, and other professional office uses.
The property’s public remarks cite strong visibility with frontage on Minton Road and exposure to approximately 27,500 vehicles per day. The zoning is noted as OP, which is already in place and is described as supporting a variety of professional and general office uses without the need for rezoning. The remarks also note convenient access to Malabar Road, I-95, US-1, and West Melbourne.
The building is presented as ready to convert for professional office users, with the property marketed for medical, legal, financial, insurance, and other professional office uses.
Key Highlights
- 0.54‑acre corner lot with frontage on Minton Road and multiple points of ingress/egress
- 1,776 SF existing building ready to convert to professional office space
- OP zoning already in place, supporting a variety of professional and general office uses without rezoning
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $38.4k | $21.60 |
| − Vacancy | −$6.1k | −$3.46 |
| EGI | $32.2k | $18.14 |
| − OpEx | −$8.1k | −$4.54 |
| NOI | $24.2k | $13.61 |
1,776 SF · lease $21.60/SF/yr · vacancy 16.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$345.3K
$302.1K – $402.8K
NOI $24,168 @ 7.0% cap · market cap 6.72%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$468.6K
$410.0K – $546.7K
NOI $32,799 @ 7.0% cap · market cap 9.11%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office buildings
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Single-building office property on a corner lot with code-compliant parking and multiple ingress/egress points.
Where is this office building located?
The property is located at 6070 Minton Road NW Palm Bay, FL.
What is the asking price?
The asking price for this property is $359,900.
What are key features of this property?
This property features: 0.54‑acre corner lot with frontage on Minton Road and multiple points of ingress/egress; 1,776 SF existing building ready to convert to professional office space; OP zoning already in place, supporting a variety of professional and general office uses without rezoning
