4500 Dixie Hwy NE, Palm Bay, FL 32905
- Strip malls
- 43,251 SF
- 3.27 lot acres
Current Use by Public Records
- Strip malls
Property Details for 4500 Dixie Hwy NE
- Year built
- 1967
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 3.27 lot acres
- Zone code
- RMH
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 28-37-24-76-00000.0-0023.00
- APU
- 9223372036854775807
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jan 15, 2025 | $2,600,000 | 4500 Dixie Hwy LLC | Tri Palm Bay Plaza LLC | Warranty Deed | — |
| Apr 29, 2010 | $1,999,500 | Tri Palm Bay Plaza LLC | Theo Realty Investments | Warranty Deed | — |
| Nov 16, 2007 | — | Theo Realty Invs | Tri Palm Bay Plaza LLC | Warranty Deed · related | — |
| Oct 5, 2007 | — | Tri Palm Bay Plaza LLC | Theo Realty Investments | Warranty Deed | — |
| Jul 28, 2006 | — | Theo Rlty Investments | Batmasian,james H | Warranty Deed · related | — |
| Nov 14, 2005 | $3,000,000 | Theo Realty Investments | Batmasian,james H | Warranty Deed | $2.3M · Landamerica Exchange Co |
| Aug 29, 2005 | — | James H Batmasian | Batmasian,james H & Marta | Quit Claim Deed · related | — |
| — | — | Tri Palm Bay Plaza LLC | — | Deed Of Trust · related | $1.2M · Northern Trust Co |
| — | — | Tri Palm Bay Plaza LLC | — | Loan Modification · related | $1.2M · Northern Tr |
| — | — | Theo Realty Investments | — | Deed Of Trust · related | $480k · Northern Trust Co |
Description
Palm Bay Plaza, located at 4500 Dixie Hwy NE, Palm Bay, FL 32905, presents a unique commercial real estate opportunity. This 35,846 square foot property, built in 1967 and zoned RMH, offers flexible space ideal for various businesses. Currently, 7,448 square feet are vacant, divisible into units ranging from 647 to 6,801 contiguous square feet. The property sits on a 3.27-acre lot and is categorized as Retail, Office, and Restaurant space, with a Traditional Office and Storefront subtype. Multiple tenancies are available. The property is undergoing renovations to create a modern and functional space. This location benefits from its strategic placement in the Palm Bay submarket of Brevard County, Florida, and is poised to benefit from the development of over 800 nearby apartment units, ensuring a strong potential customer base. The property's diverse zoning and flexible space options make it suitable for a wide range of businesses seeking a prominent location in a growing community. Contact us today to learn more about this exciting investment opportunity.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,735,000
- ML approach
- $2,740,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $2,217,000
Market price range: $1.43M - $3.59M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Palm Bay
- County
- Brevard
- State
- Florida
- Longitude
- -80.5769
- Latitude
- 28.0283
- CBSA code
- 37340
- CBSA name
- PALM BAY-MELBOURNE-TITUSVILLE, FL METROPOLITAN STATISTICAL AREA