2160-2180 Agora Circle SE, Palm Bay, FL 32909

New Listing
$3,900,000
Property Type: Commercial Sale Baths: 48 Square Footage: 235,700 Lot Size (sq. ft.): 66,211 Status: Active
Current Price: $3,900,000 List Date: 10/20/2026 Last Modified: 10/20/2026

Overview

Description

Amazing opportunity to acquire and complete a 24-unit residential development under construction in SE in Palm Bay. Offered as an entire project in its current, incomplete condition, the development features 2 bed, 2 bath floor plans with 907 sq ft of living space per unit and outdoor balcony space. Concrete block construction and open living areas provide the foundation for the planned residences, with proposed finishes including granite countertops in kitchens and bathrooms, stainless steel appliances, central a/c, ceiling fans, indoor laundry rooms, balconies and reserved parking. An existing assumable loan offers a potential financing opportunity, subject to lender approval, buyer qualification and verification of loan terms. Buyer will be responsible for completing construction and obtaining all required final approvals before occupancy.

Listing Details MLS# 1090445

General Property Information

Number Of Units Total
24
Stories Total
2
Bathrooms Total
48
Building Area Total
235700
Building Area Source
Estimated
Year Built
2026
Building Name
Malabar Grand Apartments
Lot Size Acres
1.52
Land Lease YN
No
Association YN
No
Water Body Access YN
No
Waterfront YN
No
Senior Community YN
No
List Price/SqFt
16.55

Property Features

Ceiling Type: Drywall Construction Materials: Block Cooling: Central Air Current Use: Multi-Family Flooring: Vinyl Heating: Central Listing Terms: Cash; Other Lot Features: Cul-De-Sac; Few Trees Parking Features: Parking Lot Possession: Close Of Escrow Roof: Shingle Sale Includes: Building & Land Sewer: Public Sewer Showing Considerations: No Exterior Lighting Showing Requirements: Appointment Only; Call Listing Agent; Combination Lock Box; Listing Agent Must Accompany Water Source: Public

Contract Information

Original List Price
3900000
Listing Contract Date
2026-10-05
Property Sub Type
Multi Family
Comp Sale YN
No

Location Tax and Legal

Street Number
2160-2180
Street Name
Agora
Street Suffix
Circle
Street Direction Suffix
SE
County
Brevard
State
FL
Postal Code
32909
MLS Area Major
343 - SE Palm Bay
Subdivision Name
Port Malabar Unit 40

Remarks and Miscellaneous

Public Remarks
Amazing opportunity to acquire and complete a 24-unit residential development under construction in SE in Palm Bay. Offered as an entire project in its current, incomplete condition, the development features 2 bed, 2 bath floor plans with 907 sq ft of living space per unit and outdoor balcony space. Concrete block construction and open living areas provide the foundation for the planned residences, with proposed finishes including granite countertops in kitchens and bathrooms, stainless steel appliances, central a/c, ceiling fans, indoor laundry rooms, balconies and reserved parking. An existing assumable loan offers a potential financing opportunity, subject to lender approval, buyer qualification and verification of loan terms. Buyer will be responsible for completing construction and obtaining all required final approvals before occupancy.

Status Change Information

Major Change Timestamp
2026-10-20T14:44:52Z
Major Change Type
New Listing
Status Change Timestamp
2026-10-20

More Information

Unit 1 Details

Unit ID
2180-1
Annual Rent
1700
Unit SqFt
907
# Units (This Type)
24
Furnished
Unfurnished
Unit Remarks
Estimated Rent

Unit 2 Details

Unit ID
2170-2
Annual Rent
1700
Unit SqFt
907
# Units (This Type)
24
Furnished
Unfurnished
Unit Remarks
Estimated Rent

Unit 3 Details

Unit ID
2160-3
Annual Rent
1700
Unit SqFt
907
# Units (This Type)
24
Furnished
Unfurnished
Unit Remarks
Estimated Rent

Unit 4 Details

Unit ID
n/a
Furnished
Unfurnished
Unit Remarks
n/a
Annual Rent
0
Unit SqFt
0

Unit 5 Details

Unit ID
n/a
Furnished
Unfurnished
Unit Remarks
n/a
Annual Rent
0
Unit SqFt
0

Unit 6 Details

Unit ID
n/a
Furnished
Unfurnished
Unit Remarks
n/a
Annual Rent
0
Unit SqFt
0

Unit 7 Details

Unit ID
n/a
Furnished
Unfurnished
Unit Remarks
n/a
Annual Rent
0
Unit SqFt
0

Unit 8 Details

Unit ID
n/a
Furnished
Unfurnished
Unit Remarks
n/a
Annual Rent
0
Unit SqFt
0

Location, Tax, and Legal

Tax Account
2922959
Parcel Number
9-37-03-26-1982-17
General County Location
South
Tax Annual Amount
3782
Tax Year
2026
Zoning Description
Multi Family
Directions
From Malabar head south on Babcock. Take the second left on Agora, heading east.

Construction Materials

Block
Yes

Cooling

Central Air
Yes

Current Use

Multi-Family
Yes

Flooring

Vinyl
Yes

Heating

Central
Yes

Listing Terms

Cash
Yes
Other
Yes

Lot Features

Cul-De-Sac
Yes
Few Trees
Yes

Parking Features

Parking Lot
Yes

Possession

Close Of Escrow
Yes

Roof

Shingle
Yes

Sewer

Public Sewer
Yes

Water Source

Public
Yes

Showing Requirements

Appointment Only
Yes
Call Listing Agent
Yes
Combination Lock Box
Yes
Listing Agent Must Accompany
Yes

Ceiling Type

Drywall
Yes

Location

City
Yes

Showing Considerations

No Exterior Lighting
Yes

Sale Includes

Building & Land
Yes
Listing Office: Southern Tropics R.E. LLC
Last Updated: October - 20 - 2026
Information is deemed to be reliable, but is not guaranteed.