2611 NE Palm Bay Road NE, Palm Bay, FL 32905

$130,000
Property Type: Commercial Sale Square Footage: 460 Lot Size (sq. ft.): 21,344 Status: Closed
Current Price: $130,000 List Date: 2/25/2020 Last Modified: 5/26/2026

Overview

Description

PRICE REDUCTION for quick sale! 5 Star and BBB A+ Rated Used Car Business and Real Estate for Sale. 8,690 sq. ft. concrete parking area. Average inventory 30 + cars room for 40+ cars plus 4 additional parking spaces for customers. One-half acre property has a 460 sq ft office trailer two carports for wash and repair and a 10X20 workshop and #6000 lb. lift. Gross income in excess of $600,000, Net of $130,000 plus owner benefits. 125 ft frontage on Palm Bay Rd. Office building with three separate quarters and an ADA friendly restroom that also has a non ADA shower stall for staff. Business Offered Separately - Contact listing agent

Listing Details MLS# 857306

General Property Information

Number Of Units Total
Yes
Stories Total
Yes
Building Area Total
460
Year Built
2005
Lot Size Acres
0.49
Property Use
C-USED AUTOMOBILE SALES (2730)
Use Code
27 / AUTO SALES, REPAIR, ETC
Association YN
No
Water Body Access YN
No
Waterfront YN
No
List Price/SqFt
302.17
Sold Price/SqFt
282.61

Property Features

Building Features: Meeting Room; Separate Office Area Construction Materials: Frame; Wood Siding Cooling: Central Building Current Use: Commercial Electric: 100 Amp Service Flooring: Laminate; Vinyl Heating: Central; Electric Listing Terms: Cash; Conventional; Lease Option Lot Features: Other Possession: Close Of Escrow Roof: Manufactured Sale Includes: Building & Land Security Features: Smoke Detector(s) Sewer: Public Sewer Showing Requirements: Appointment Only; Showing Service Water Source: Public

Contract Information

Original List Price
249000
Listing Contract Date
2019-10-02
Property Sub Type
Business

Location Tax and Legal

Street Number
2611
Street Direction Prefix
NE
Street Name
Palm Bay
Street Suffix
Road
Street Direction Suffix
NE
County
Brevard
State
FL
Postal Code
32905
MLS Area Major
340 - NE Palm Bay
Subdivision Name
David Subd

Remarks and Miscellaneous

Public Remarks
PRICE REDUCTION for quick sale! 5 Star and BBB A+ Rated Used Car Business and Real Estate for Sale. 8,690 sq. ft. concrete parking area. Average inventory 30 + cars room for 40+ cars plus 4 additional parking spaces for customers. One-half acre property has a 460 sq ft office trailer two carports for wash and repair and a 10X20 workshop and #6000 lb. lift. Gross income in excess of $600,000, Net of $130,000 plus owner benefits. 125 ft frontage on Palm Bay Rd. Office building with three separate quarters and an ADA friendly restroom that also has a non ADA shower stall for staff. Business Offered Separately - Contact listing agent

Status Change Information

Major Change Timestamp
2023-11-11T09:28:31Z
Major Change Type
Price Reduced
Price Change Timestamp
2020-02-13T14:30:32Z
Status Change Timestamp
2020-03-22
Purchase Contract Date
2020-02-29
Close Date
2020-03-16
Close Price
130000

More Information

Building Features

% Air Conditioned or Heated
100
Clear Ceiling Height
460
Meeting Room
Yes
Separate Office Area
Yes

Income and Expenses

Net Operating Income
128000

Location, Tax, and Legal

Tax Account
2860646
Parcel Number
28-37-23-01-00001.0-0009.00
General County Location
South
Tax Annual Amount
2504.53
Tax Year
2015
Tax Legal Description
W 5 FT OF LOT 9 & ALL LOTS 10 & 11 BLK 1
Directions
Palm Bay Rd east of Robert Conlan Blvd

Construction Materials

Frame
Yes
Wood Siding
Yes

Cooling

Central Building
Yes
Electric
Yes

Current Use

Commercial
Yes

Electric

100 Amp Service
Yes

Flooring

Laminate
Yes
Vinyl
Yes

Heating

Central
Yes
Electric
Yes

Listing Terms

Cash
Yes
Conventional
Yes
Lease Option
Yes

Lot Features

Other
Yes

Possession

Close Of Escrow
Yes

Roof

Manufactured
Yes

Security Features

Smoke Detector(s)
Yes

Sewer

Public Sewer
Yes

Water Source

Public
Yes

Showing Requirements

Appointment Only
Yes
Showing Service
Yes

Location

City
Yes

Sale Includes

Building & Land
Yes
Listing Office: SouthStar Realty Assoc. Inc.
Last Updated: May - 26 - 2026
Information is deemed to be reliable, but is not guaranteed.