Palm Bay Plaza

  SOLD December 2024 for $2,600,000

4500 Dixie Highway NE, Palm Bay, Florida 32905


Documents
Building Size36,404 Square Feet
Land Size3.27 Acres
ZoningHC
WaterCity
SewerCity
Year Built1967

Palm Bay Plaza, located at 4500 Dixie Hwy NE, Palm Bay, FL 32905, is a value-add investment opportunity on US-1 with a daily traffic count of 26,000 AADT. The plaza benefits from nearby strong residential areas and four upcoming apartment projects adding over 1,900 units. Additionally, it is in close proximity to L3Harris Palm Bay Campus, which employs around 8,400 people. With the plaza currently over 40% vacant, investors can maximize value by addressing deferred maintenance and leasing spaces at market rents.


The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.


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