Mixed-Use Space with Impact
For Sale
Contact for pricing
70 San Filippo Drive SE #110, Palm Bay, FL 32909
New construction offers space suited to retail or office use.
Property Size1,679 SF
Price / SF$2.38
Days on Market91
Property Features for 70 San Filippo Drive SE #110
General Information
Standard status
Active
Size
1,679 SF
Property subtype
Mixed Use
Additional Details
Highway Access
Yes
Property Use
Retail/Office
Amenities
impact windows
Building Details
Year Built
2026
Buildings
1
Listing Agency:
Roopan Realty Inc
(321) 345-4935
Listed By:
Ravea Roopan · License #3220438
(321) 508-6186
Source:
Mccoyfreeman
Added: Aug 3
Changed: Oct 29
Last Checked: Oct 29 at 2:48PM
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 Roopan Realty Inc
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Investment Insights
Based on property information with market context.
This mixed-use commercial space was built in 2026 and includes impact windows. The property is presented for retail or office use, supporting either commercial function within the same space.
At 70 San Filippo Drive SE in Palm Bay, the property is just off San Filippo Drive and close to I-95.
At 70 San Filippo Drive SE in Palm Bay, the property is just off San Filippo Drive and close to I-95.
Key Highlights
- Completed in 2026
- Impact windows
- Retail or office use
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,357
Suggested Prices Based on Cap Rates
Cap Rate 5%
$387,140
$387.1K
Cap Rate 7%
$276,529
$276.5K
Cap Rate 9%
$215,078
$215.1K
Market Conditions
NOI Build-Up for 1,679 SF
Gross rent
$30.2K $18.00/SF
− Vacancy
−$2.6K −$1.53/SF
EGI
$27.7K $16.47/SF
− OpEx
−$8.3K −$4.94/SF
NOI
$19.4K $11.53/SF
Area
Palm Bay, FL
Vacancy
8.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$387,140
Cap Rate 7%
$276,529
Cap Rate 9%
$215,078
Alternative Uses
Best Use
Office B
$326.4K
$285.6K – $380.8K
NOI $22,848 @ 7.0% cap · market cap 571.20%
Second Best
Mixed Use
$278.3K
$243.5K – $324.7K
NOI $19,481 @ 7.0% cap · market cap 487.03%
Theoretical Best
Office A
$443.0K
$387.6K – $516.8K
NOI $31,008 @ 7.0% cap · market cap 775.20%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
81
Businesses Nearby
Explore this area
Business Placement
Demographics for 32909, FL
36,789
Population
14,278
Households
2.6
Avg Household Size
42
Median Age
23%
College-Educated
92%
High-School Grad
57.7 sq mi
ZIP Area
638
Density / Sq Mi
$76,708
Median Household Income
$36,071
Median Earnings
$1,502
Median Rent
$261,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - New construction offers space suited to retail or office use.
Where is this mixed-use property located?
The property is located at 70 San Filippo Drive SE #110 Palm Bay, FL.
What are key features of this property?
This property features: Completed in 2026; Impact windows; Retail or office use
