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    Palm Bay, FL
    Medical Center

    Palm Bay, FL Medical Centers for Sale

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    Melbourne, FL Malabar, FL Melbourne Beach, FL Indialantic, FL West Melbourne, FL Indian Harbour Beach, FL Satellite Beach, FL Barefoot Bay, FL
    Medical Facility Building with Parking
    Updated: Feb 21, 2024
    Medical Facility Building with Parking

    422 Martin Road SE, Palm Bay, FL 32909

    $1,100,000
    4,680 sqft 0.58 AC lot
    2009‑built commercial CBS building with metal roof and concrete construction materials
    Zoned General Commercial for multiple and varied uses (see documents for zoning, floor plan, and maps)
    Adult day care setup with community rooms, offices, multiple bathrooms, and (2) commercial kitchens
    Utilities and fire safety: public water and public sewer; sprinkler system/riser room fully compliant with fire codes
    Comfort features include central heating/central air, ceiling fans, and tile flooring throughout
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    This listing looks promising.

    Here's a quick look at some key insights for

    422 Martin Road SE, Palm Bay, FL 32909

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    • Est. Cap Rate

      5.4%
      NOI ÷ price

    • Est. NOI

      $59K
      Annual

    • Mortgage

      $284K
      Jan 2008

    • Last Sold

      Oct 2022
      $170K

    • Property Type

      Professional Building
      Built 2009
    View Property Analytics
    Versatile Commercial Property on Babcock
    Updated: Apr 9, 2024
    Versatile Commercial Property on Babcock

    422 Martin SE Road, Palm Bay, FL 32909

    $1,100,000
    4,680 sqft 0.58 AC lot
    Seller financing offered.
    Prime commercial property with 'General Commercial' zoning allowing multiple uses.
    Well‑designed CBS building with metal roof, raised ceilings, and ceramic flooring.
    Set up conducive to various medical facility usages, clinics, laboratories, electronics - R&D, etc.
    Fully compliant sprinkler system/riser room and 20 parking spaces.
    View details
    Based on your search, we've compiled 21 Potential Opportunities for your consideration. Besides 2 Active listings in Palm Bay, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 11 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Free-Standing Medical Office Building
    Free-Standing Medical Office Building

    1900 Nebraska Avenue, Fort Pierce, FL 34950

    $625,000
    2,100 sqft

    Free-standing medical office with 3 exam rooms, patient waiting area, offices, and 9 parking spaces plus a private doctor carport.

    View details
    Remodeled Commercial Building with Income Potential
    Remodeled Commercial Building with Income Potential

    301 N John Young Pkwy, Kissimmee, FL 34741

    $1,100,000
    0.29 AC lot

    Remodeled commercial property with strong income potential, divided into units.

    View details
    Medical Surgical Center For Sale
    Medical Surgical Center For Sale

    1811 S 25th Street, Fort Pierce, FL 34947

    $3,995,000
    8,128 sqft 1.35 AC lot

    Licensed and operational surgical center near HCA Florida Lawnwood.

    View details
    Proposed Medical Outpatient Building Development
    Proposed Medical Outpatient Building Development

    350 N Beaumont Ave, Kissimmee, FL 34741

    Contact for pricing
    100,000 sqft

    Proposed 100,000 SF Class A medical outpatient facility.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Prime Corner Acreage For Sale
    Prime Corner Acreage For Sale

    1596 US Hwy 27, Avon Park, FL 33825

    Contact for pricing
    2.50 AC lot

    2.5+-acre hard corner ideal for commercial development near Walmart.

    View details
    High-Exposure Vacant Corner Lot
    High-Exposure Vacant Corner Lot

    2401 Griffin Road, Unit E, Bartow, FL 33830

    $850,000

    Vacant lot at a busy intersection with high traffic volume.

    View details
    North Port Vacant Land Parcel
    North Port Vacant Land Parcel

    4950 N SUMTER BOULEVARD, North Port, FL 34286

    $9,900,000
    9.01 AC lot

    9.01 acre vacant land parcel in North Port, Florida.

    View details
    Medical Office Land Opportunity
    Medical Office Land Opportunity

    2364 Diplomat Parkway East, Cape Coral, FL 33909

    Contact for pricing
    200.00 AC lot

    200 acres zoned for medical use in Cape Coral.

    View details

    Off-Market Properties in Palm Bay, FL

    Consider similar Off-Market properties in Palm Bay, FL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    5201 Babcock NE St
    MEDICAL BUILDING

    5201 Babcock NE St, Palm Bay, FL 32905-4637

    Value Estimation by Request
    17,403 sqft 1.08 AC lot
    View details
    754 Malabar SE Rd
    MEDICAL BUILDING

    754 Malabar SE Rd, Palm Bay, FL 32907-3254

    Value Estimation by Request
    2,515 sqft 0.46 AC lot
    View details
    1890 Palm Bay NE Rd
    MEDICAL BUILDING

    1890 Palm Bay NE Rd, Palm Bay, FL 32905-3071

    $660,000
    Estimated value
    4,713 sqft 1.05 AC lot
    View details
    1810 Eldron SE Blvd
    MEDICAL CLINIC

    1810 Eldron SE Blvd, Palm Bay, FL 32909-6831

    $1,745,000
    Estimated value
    12,714 sqft 2.17 AC lot
    View details
    3590 Bayside Lks SE Blvd
    MEDICAL BUILDING

    3590 Bayside Lks SE Blvd, Palm Bay, FL 32909-6866

    $900,000
    Estimated value
    9,075 sqft 0.89 AC lot
    View details
    1555 Prt Malabar NE Blvd
    MEDICAL BUILDING

    1555 Prt Malabar NE Blvd, Palm Bay, FL 32905-5407

    $710,000
    Estimated value
    5,800 sqft 1.65 AC lot
    View details
    910 Malabar SE Rd
    MEDICAL BUILDING

    910 Malabar SE Rd, Palm Bay, FL 32907-3200

    $855,000
    Estimated value
    7,127 sqft 1.44 AC lot
    View details
    1420 Palm Bay Rd
    MEDICAL BUILDING

    1420 Palm Bay Rd, Palm Bay, FL 32905-3816

    Value Estimation by Request
    5,794 sqft 0.52 AC lot
    View details
    1270 Malabar Rd Se Ste C
    MEDICAL BUILDING

    1270 Malabar Rd Se Ste C, Palm Bay, FL 32907-3407

    $815,000
    Estimated value
    7,644 sqft 0.96 AC lot
    View details
    1091 Prt Malabar NE Blvd
    MEDICAL BUILDING

    1091 Prt Malabar NE Blvd, Palm Bay, FL 32905-5100

    $1,140,000
    Estimated value
    10,867 sqft 1.94 AC lot
    View details
    5191 Babcock NE St
    MEDICAL CLINIC

    5191 Babcock NE St, Palm Bay, FL 32905-4610

    $1,515,000
    Estimated value
    15,646 sqft 1.29 AC lot
    View details

    Palm Bay, FL Medical Centers Market Trends and Statistics

    Explore 13 medical centers for sale in Palm Bay, FL on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $0.00.

    Sale prices for medical buildings in Palm Bay, FL start at $0.00, averaging $0.00, and reaching up to $0.00 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Medical centers 3
    Spa & wellness properties 1

    Demographics Overview

    Population 127K
    Population Growth (5Y) +14.5%
    Median Household Income $69,818
    College Educated 17.7%

    High-Yield Neighborhoods for Investment

    Identify Palm Bay submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    32909 $1.1M

    Taxes & Financing

    Tax Rate (average for all types) 1.66%
    Property Tax per SF $40.00 per SF
    Tax Rate vs County Average 0.21 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Brevard County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Brevard County

    Office

    Property Size Breakdown

    The majority of commercial real estate listings in Palm Bay fall within the 10,000 to 25,000 square foot range.

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