1901 Palm Bay Road NE, Palm Bay, FL 32905

$282,050
Property Type: Commercial Sale Square Footage: 5,087 Lot Size (sq. ft.): 47,916 Status: Closed
Current Price: $282,050 List Date: 9/23/2016 Last Modified: 5/08/2026

Overview

Description

Currently operating as a Vietnamese restaurant, and licensed for 160 patrons. New air conditioning units, new refrigeration units, new roof over the kitchen. Sale includes all kitchen fixtures, dining area fixtures, place settings, glassware, video security system. This is a turnkey opportunity! You can be in business the day of closing. 30,900 vehicles pass by this location daily. Located about 1 1/2 miles from a Harris Corp facility employing about 5000 people, plus many smaller industrial and commercial businesses. If you can turn a quick lunch order, you have the proverbial access to a starving crowd!

Listing Details MLS# 765087

General Property Information

Number Of Units Total
Yes
Stories Total
Yes
Building Area Total
5087
Year Built
1983
Lot Size Acres
1.1
Property Use
C-RESTAURANT / CAFETERIA (2100)
Use Code
21 / RESTAURANTS, CAFETERIAS
Association YN
No
Water Body Access YN
No
Waterfront YN
No
List Price/SqFt
164.14
Sold Price/SqFt
55.45

Property Features

Building Features: Restaurant Cooling: Ceiling Fan(s); Central Air Current Use: Commercial Flooring: Tile Heating: Central Listing Terms: Cash; Conventional; Lease Option Possession: Close Of Escrow Roof: Mixed Sale Includes: Building & Land; Furniture, Fixtures and Equipment Security Features: Closed Circuit Camera(s); Fire Sprinkler System; Security System Owned; Smoke Detector(s) Sewer: Public Sewer Showing Requirements: Appointment Only; Call Listing Agent Utilities: Natural Gas Available Water Source: Public

Contract Information

Original List Price
689000
Listing Contract Date
2016-09-22
Property Sub Type
Business

Location Tax and Legal

Street Number
1901
Street Name
Palm Bay
Street Suffix
Road
Street Direction Suffix
NE
County
Brevard
State
FL
Postal Code
32905
MLS Area Major
341 - Central Palm Bay
Subdivision Name
1 Ac As Des In Db 74 Pg 73

Remarks and Miscellaneous

Public Remarks
Currently operating as a Vietnamese restaurant, and licensed for 160 patrons. New air conditioning units, new refrigeration units, new roof over the kitchen. Sale includes all kitchen fixtures, dining area fixtures, place settings, glassware, video security system. This is a turnkey opportunity! You can be in business the day of closing. 30,900 vehicles pass by this location daily. Located about 1 1/2 miles from a Harris Corp facility employing about 5000 people, plus many smaller industrial and commercial businesses. If you can turn a quick lunch order, you have the proverbial access to a starving crowd!

Status Change Information

Major Change Timestamp
2023-11-11T09:27:47Z
Major Change Type
Price Change
Price Change Timestamp
2017-03-09T03:42:15Z
Status Change Timestamp
2017-04-26
Purchase Contract Date
2017-04-10
Close Date
2017-04-26
Close Price
282050

More Information

Building Features

% Air Conditioned or Heated
100
Clear Ceiling Height
5087
Restaurant
Yes

Location, Tax, and Legal

Tax Account
2831691
Parcel Number
28-37-22-00-00273.0-0000.00
General County Location
South
Tax Annual Amount
9672.25
Tax Year
2015
Tax Legal Description
PART OF W 1/2 OF LOT 21 OF PB 1 PG 164 AS DES IN ORB 2453 PG 1131
Directions
East of Babcock at the northwest corner of Pinewood and Palm Bay Rd

Cooling

Ceiling Fan(s)
Yes
Central Air
Yes

Current Use

Commercial
Yes

Flooring

Tile
Yes

Heating

Central
Yes

Listing Terms

Cash
Yes
Conventional
Yes
Lease Option
Yes

Possession

Close Of Escrow
Yes

Roof

Mixed
Yes

Security Features

Closed Circuit Camera(s)
Yes
Fire Sprinkler System
Yes
Security System Owned
Yes
Smoke Detector(s)
Yes

Sewer

Public Sewer
Yes

Utilities

Natural Gas Available
Yes

Water Source

Public
Yes

Showing Requirements

Appointment Only
Yes
Call Listing Agent
Yes

Location

City
Yes

Sale Includes

Building & Land
Yes
Furniture, Fixtures and Equipment
Yes
Listing Office: Coldwell Banker Paradise
Last Updated: May - 08 - 2026
Information is deemed to be reliable, but is not guaranteed.