New Mixed-Use Commercial
For Sale
Contact for pricing
70 San Filippo Drive SE #101-110, Palm Bay, FL 32909
Retail and office suites provide flexible space in a modern building with impact windows.
Property Size1,500 SF
Price / SF$2.33
Days on Market261
Property Features for 70 San Filippo Drive SE #101-110
General Information
Standard status
Active
Size
1,500 SF
Property subtype
Mixed Use
Additional Details
Highway Access
Yes
Office Units
9
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: Feb 12
Changed: Oct 29
Last Checked: Oct 29 at 2:45PM
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.
Completed in 2026, this mixed-use commercial building offers space for retail or office occupancy. Available suites range from 1,500 to 5,000 square feet, with impact windows and on-site parking.
The property is at 70 San Filippo Drive SE in Palm Bay, just off San Filippo and close to I-95.
The property is at 70 San Filippo Drive SE in Palm Bay, just off San Filippo and close to I-95.
Key Highlights
- Retail and office suites ranging from 1,500 to 5,000 square feet
- Newly constructed building completed in 2026
- Impact windows
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,294
Suggested Prices Based on Cap Rates
Cap Rate 5%
$345,880
$345.9K
Cap Rate 7%
$247,057
$247.1K
Cap Rate 9%
$192,156
$192.2K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$27.0K $18.00/SF
− Vacancy
−$2.3K −$1.53/SF
EGI
$24.7K $16.47/SF
− OpEx
−$7.4K −$4.94/SF
NOI
$17.3K $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%
$345,880
Cap Rate 7%
$247,057
Cap Rate 9%
$192,156
Alternative Uses
Best Use
Mixed Use
$248.6K
$217.6K – $290.1K
NOI $17,404 @ 7.0% cap · market cap 497.26%
Second Best
Retail
$247.1K
$216.2K – $288.2K
NOI $17,294 @ 7.0% cap · market cap 494.11%
Theoretical Best
Office A
$395.7K
$346.3K – $461.7K
NOI $27,702 @ 7.0% cap · market cap 791.49%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
9
Office units
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 Retail in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Retail and office suites provide flexible space in a modern building with impact windows.
Where is this mixed-use property located?
The property is located at 70 San Filippo Drive SE #101-110 Palm Bay, FL.
What are key features of this property?
This property features: Retail and office suites ranging from 1,500 to 5,000 square feet; Newly constructed building completed in 2026; Impact windows
