Financial
Distress signals
Property profile

1355 Palm Bay Rd Melbourne, FL 32905

OFF-MARKET
Medical Office Space
Property ID
US18-6431334
11,130 SF 1.48 ac lot Built 2016
Last sale Oct 2021 · $6,750,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a medical center associated with Fresenius Medical Care North America, which provides kidney dialysis services and renal care products, along with education and support related to chronic kidney disease (including care options for later-stage CKD). The facility is located at 1355 Palm Bay Rd NE in Melbourne, Florida.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$38k
Tax billed · 2023
Assessed value$2.03M
Assessed land$446k
Assessed improvement$1.58M
Effective rate1.86%

Value estimate

· Sep 2026
$7.68M
$6.91M – $8.44M
AI approach$7.11M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$160/SF
Submarket average, outlier-cleaned · 45 recorded sales of this use type
Observed band · Q1–Q3$96 – $212

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C1
The provisions of this district are intended to apply to an area adjacent to arterial and major collector streets and convenient to major...
General categoryCOMMERCIAL
JurisdictionBREVARD

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency28.4
Building Supply27.9
Law Firm27.1

Location

1355 Palm Bay Rd Melbourne, FL 32905-3838
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

4 recorded sales · 18 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3970 Dixie NE, Palm Bay, FL 32905-3678 $600,000 Sep 2025 2,755 SF
5201 Babcock NE, Palm Bay, FL 32905-4637 $275,000 Sep 2024 17,403 SF
1452 Bellaire NE, Palm Bay, FL 32905-3902 $255,000 Jun 2023 1,372 SF
1890 Palm Bay NE, Palm Bay, FL 32905-3071 $800,000 Dec 2019 4,713 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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