$550,000
Palm Shores, FL 32940
MLS# 841896
Status: Closed
3592 sqft
1 / 8
Property Description
EXCELLENT BUSINESS LOCATION WITH GREAT VISIBILITY to approx 40,000 cars per day on U.S. Highway 1 plus close access to I-95, Suntree, Viera, Patrick AFB, Melbourne and the beaches. Retail building is 3592 SF and features overhead doors, office areas, and large area for showroom, warehouse or light industrial if compliant with current zoning.
Details
Maps
Location, Tax, and Legal
Tax Account: 2609636
Parcel Number: 26-37-30-Ds-00000.0-0002.01
General County Location: South
Tax Annual Amount: 6648.79
Tax Year: 2018
Tax Legal Description: INDIAN RIVER VILLA REC IN DB 318 PG 182 PART OF LOT 2 W OF US HWY 1 AS DESC IN ORB 4530 PG 2618
Directions: Just south of the Pineda Causeway on Highway US 1.
General Property Information
Number Of Units Total: 1
Stories Total: 1
Building Area Total: 3592
Lot Size Acres: 1.09
Association YN: No
Property Use: C-RETAIL STORE - 1 UNIT (1100)
Water Body Access YN: No
Waterfront YN: No
Use Code: 11 / STORES, ONE STORY
List Price/SqFt: 165.65
Sold Price/SqFt: 153.12
Year Built: 1948
Remarks and Miscellaneous
Public Remarks: EXCELLENT BUSINESS LOCATION WITH GREAT VISIBILITY to approx 40,000 cars per day on U.S. Highway 1 plus close access to I-95, Suntree, Viera, Patrick AFB, Melbourne and the beaches. Retail building is 3592 SF and features overhead doors, office areas, and large area for showroom, warehouse or light industrial if compliant with current zoning.
Construction Materials
Frame: 1
Cooling
Electric: 1
Current Use
Commercial: 1
Electric
100 Amp Service: 1
Flooring
Other: 1
Heating
Central: 1
Electric: 1
Lot Features
Other: 1
Possession
Close Of Escrow: 1
Roof
Composition: 1
Rolled/Hot Mop: 1
Security Features
Smoke Detector(s): 1
Sewer
Public Sewer: 1
Special Listing Conditions
Corporate Owned: 1
Water Source
Public: 1
Showing Requirements
Call Listing Office: 1
Building Features
Clear Ceiling Height: 3592
Sale Includes
Building & Land: 1
Contract Information
Current Price: $550,000
Original List Price: 595000
Sold Price: $550,000
Status: Closed
Listing Contract Date: 2019-03-25
Property Sub Type: Business
Location Tax and Legal
Street Number: 5560
Street Direction Prefix: N
Street Name: Highway 1
Street Direction Suffix: N
County: Brevard
State: FL
Postal Code: 32940
MLS Area Major: 322 - NE Melbourne/Palm Shores
Subdivision Name: Indian River Villa Rec In Db 318 Pg 182
Status Change Information
Major Change Timestamp: 2019-08-02T13:58:14Z
Major Change Type: Status Change
Status Change Timestamp: 2019-08-02
Purchase Contract Date: 2019-04-17
Close Date: 2019-08-01
Close Price: 550000
Property Features
Construction Materials: Frame
Current Use: Commercial
Electric: 100 Amp Service
Flooring: Other
Heating: Central; Electric
Lot Features: Other
Possession: Close Of Escrow
Roof: Composition; Rolled/Hot Mop
Sale Includes: Building & Land
Security Features: Smoke Detector(s)
Sewer: Public Sewer
Showing Requirements: Call Listing Office
Special Listing Conditions: Corporate Owned
Water Source: Public
Listing Office: Ellingson Properties
Last Updated: June - 10 - 2026
Information is deemed to be reliable, but is not guaranteed.